9fin Secures US$170m Series C to Scale AI Credit Platform

Debt capital markets represent the largest asset class on the planet. Valued at US$145tn,  according to Sifma Research, they serve as the lifeblood of global finance, funding everything from sovereign governments to major corporate acquisitions. 

Many professionals managing billion-dollar portfolios still navigate fragmented data and manual workflows using systems ill-equipped for the volatility of modern credit.

To bridge this gap, 9fin has announced a US$170m Series C funding round, propelling the company to a US$1.3bn valuation. The investment was led by HarbourVest, with participation from CPP Investments, alongside Highland Europe, Spark Capital, Redalpine and Seedcamp.

A shift in market structure

The capital injection arrives during a period of significant structural upheaval. The traditional silos separating private credit, leveraged finance and restructuring are dissolving, creating a more interconnected and complex investment landscape.

The company notes the shift towards utilising AI, however, this is dependent on “reliable” data, which remains inaccessible behind emails, PDFs and data rooms. 

Steven Hunter, Co-Founder and CEO of 9fin says: ““AI will redefine the credit markets, but only if it’s powered by proprietary data and embedded into how professionals actually work. That’s exactly what we’ve built at 9fin. 

“We've scaled our product rapidly across geographies and asset classes to provide clients with unmatched breadth and depth of data in an AI-native platform. Our ultimate goal is to be the only platform credit professionals ever need. This capital gets us there even faster.”

9fin positions itself as the intelligence layer for these markets. By integrating proprietary data with AI-driven workflows, the platform allows users to parse complex legal documents and surface real-time credit signals. This consolidated view has become a necessity for over 300 leading law firms, banks and asset managers globally.

“Debt markets are undergoing a profound transformation as AI reshapes how financial professionals work,” says Michael Guiness, Principal at HarbourVest Partners.

“9fin has built a powerful platform combining proprietary data with AI-driven workflows - exactly what we’re looking for in next generation market leaders. We’re excited to support the company as it scales globally.”

The company’s growth metrics reflect this demand, citing multiple consecutive years of 100% ARR growth. This momentum is particularly visible in the US market.

While 9fin had no American presence three years ago, it is now the fastest-growing region for the firm, driven by interest from the world’s largest credit investors.

Redefining credit workflows

The new capital will be used to deepen 9fin’s technological moat. This involves moving beyond surface-level AI applications to embed the technology into the core of how credit analysis is performed.

9fin claims that the tools used by clients aid in the workflow to stay ahead of competitors and save valuable time, shortening hours of research. 

Houda Hamdouch, Principal at HarbourVest Partners notes: “We’ve followed 9fin closely over several years and have been consistently impressed by the team’s execution and vision. 

 “The company’s continued expansion across the credit ecosystem – from banks and asset managers to private credit platforms –  underscores the strength of its product.”