9fin secures $170 million to expand AI in credit markets

Written by Vriti Goshi

9fin, an AI-native data and analytics platform focused on debt capital markets, has raised $170 million in a Series C funding round at a valuation of $1.3 billion. This round was led by Harbor Best Partnerswith participation from CPP investment and existing investors redalpine, highland europe, spark capitaland seed camp. With this latest funding, the company’s total funding exceeds $250 million.

The funding will be used to accelerate the development of 9fin’s artificial intelligence capabilities, expand its proprietary data infrastructure, and support continued growth in the United States. The company has operations in New York and London and serves customers around the world.

The investment comes amid increased focus on modernizing debt capital markets, which at an estimated $145 trillion represent the world’s largest asset class. Despite their size, these markets have historically relied on fragmented and manual data processes, with critical information often locked in unstructured formats such as PDFs, emails, and private data rooms.

9fin’s platform seeks to address this inefficiency by aggregating and structuring credit market data and applying AI to enable faster analysis and decision-making. Its tools are designed to help credit professionals source deals, assess risk, and monitor market activity within a single workflow.

More than 300 institutions currently use the platform, including banks, asset managers, law firms, and advisory firms. Notably, CPP Investments was an existing customer prior to participating in the funding round as an investor, reflecting increased institutional adoption of AI-powered credit analysis tools.

The company has reported multiple consecutive years of 100% annual recurring revenue growth, along with strong customer retention and accelerated expansion in the U.S. market, highlighting the growing demand for integrated data and analytics solutions in the credit market.

Stephen Hunter, 9fin CEO and Co-Founder “AI will redefine credit markets, but only if it leverages unique data and is embedded in the way professionals actually work. That is exactly what we have built at 9fin. We have provided clients with unparalleled breadth and depth of data in our native platform, and our ultimate goal is to be the only platform credit professionals need, and this funding will help us get there even faster.”

The funding reflects a broader trend of institutional capital backing AI-driven platforms aimed at modernizing traditional financial market infrastructure, particularly in data-intensive segments such as credit and private markets.