9fin, the AI-powered analytics platform for debt capital markets, has successfully raised $50 million in a Series B round led by Highland Europe. The funding round also saw participation from existing investors Spark Capital, Redalpine, Seedcamp, 500 Startups, and Ilavska Vuillermoz Capital. The new capital infusion will allow 9fin to further invest in its AI technology, expand its analytics team, and speed up its growth in the US market.
Since its Series A+ round in 2022, 9fin has achieved a remarkable 400% group-wide ARR growth, with its US business seeing even faster expansion. The company now serves nearly 200 large firms in global credit markets, including top investment banks, distressed debt advisors, private equity firms, credit fund managers, and law firms. Asset managers with a combined AUM of over $17 trillion are using 9fin, with more debt market professionals discovering its intuitive platform each week.
Specializing in providing intelligence on various debt instruments such as high-yield bonds, leveraged loans, distressed debt, CLOs, private credit, and asset-backed finance, 9fin has integrated generative AI into its platform. This technology enables the platform to offer agentic Q&A tools, real-time market updates, and advanced search capabilities.
Co-founders Steven Hunter and Huss El-Sheikh expressed their pride in the innovative product, talented team, and strong company culture they have built at 9fin. Fergal Mullen, Co-founder and partner of Highland Europe, lauded 9fin’s vision and relentless focus on technology, innovation, and company culture, positioning the company as a leader in the debt markets. The partnership with Highland Europe is expected to further solidify 9fin’s position as a global market leader in debt capital markets.
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