9fin set for US growth with $130mn Series C round

9fin, an AI-native platform for global debt markets, has raised USD 170mn to expand its proprietary dataset, accelerate the development of its AI capabilities and support its growth in the United States.

With loan, bond and private credit markets converging, getting better information is becoming increasingly important for the USD 145tn debt capital markets. While AI can help, it needs to be trained on reliable data much of which remains trapped in data rooms, emails and PDFs—a recurring issue we observed during our AI survey breakdowns of barriers to adoption.

The company centralizes this information and uses it to build next-generation AI technology. It counts more than 300 leading banks, asset managers, law firms and advisory firms as clients.

The round was led by HarbourVest with participation from CPP Investments, Redalpine, Spark Capital, Seedcamp and Highland Europe.