- Companies
- 9fin
Last 9fin valuation
$1.3B
Series C · Mar 2026
Last 9fin funding round
$170M
Series C · Mar 2026
Cumulative funding 9fin raised
$257M
across 6 funding rounds
Key investors in 9fin
redalpine
Spark Capital
Seedcamp
Ilavska Vuillermoz Capital
AI Seed
500 Global
9fin Overview
About 9fin
9fin is a London-based data and analytics provider for credit markets, serving finance, investment banking, and asset management professionals. The platform delivers tools for financial data analysis, risk assessment, market screening, and team collaboration on bond issuance, loans, and leveraged finance deals.
Founded
2016
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Valuation
$1.3B (Mar 2026)
9fin Valuation
9fin is currently valued at $1.3B, based on its Series C in March 2026.
The $170M round was led by HarbourVest Partners, with participation from redalpine, Spark Capital, Highland Europe, CPP Investments and Seedcamp.
9fin's valuation has grown 481x from $3M at its seed round in October 2017 to $1.3B in March 2026, across 3 priced rounds.
9fin valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Mar 2026 | Series C | $1.3B |
| Jul 2019 | Seed | $10M |
| Oct 2017 | Seed | $3M |
9fin Funding History
9fin has raised a total of $257M across 6 funding rounds.
9fin's first fundraising round was a $700K seed round in October 2017. The most recent completed round was a $170M Series C in March 2026.
9fin funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Mar 2026 | Series C | HarbourVest Partners (lead); redalpine; Spark Capital; Highland Europe; CPP Investments; Seedcamp | $170M | $1.3B | - |
| Dec 2024 | Series B | Highland Europe (lead); KKR; redalpine; Spark Capital; Ilavska Vuillermoz Capital; Seedcamp; Carlyle Group; Mubadala; 500 Global | $50M | - | 9fin is a UK-based AI-powered data and analytics platform focused on debt capital markets, providing intelligence on leveraged loans, high-yield bonds, distressed debt, private credit, CLOs, and asset-backed finance. Founded in 2016 by former JPMorgan and Deutsche Bank credit market professionals, it analyzes 10 million unique data points and aggregates news from over 2,000 sources to deliver AI-driven insights for investment bankers, fund managers, traders, analysts, and lawyers. The platform aims to organize the $141TN debt capital markets with real-time updates and workflow automation tools. On December 2-3, 2024, 9fin raised $50 million in a Series B funding round led by Highland Europe, with participation from existing investors including Spark Capital, Redalpine, Seedcamp, 500 Startups, and Ilavska Vuillermoz Capital. This follows a $23 million Series A+ round in 2022, bringing total funding to $72 million in two years. Highland Europe partner Fergal Mullen will join the board. Note that KKR, Mubadala, and Carlyle are not mentioned as participants in sources. The funding will accelerate US expansion (including a new Belfast office opened in 2024), enhance AI capabilities, grow the analytics division and team (currently 240 employees), and invest in product, operations, and finance leadership. Since the 2022 round, 9fin reports 400% growth in group-wide annual recurring revenue, more than doubling its customer base to nearly 200 major global firms in credit markets, including investment banks, private equity, distressed debt advisors, credit fund managers, and law firms. 9fin operates in a growing fintech sector for debt markets, targeting transparency and efficiency amid rising demand for high-quality data on the world's largest asset class. It joins other Series B-funded fintechs like Lean Technologies, Minu, and Osigu in 2024, with strong product-market fit evidenced by customer adoption and revenue growth. |
| Dec 2022 | Series A | Spark Capital (lead); redalpine; Ilavska Vuillermoz Capital; Seedcamp; AI Seed; 500 Global | $23M | - | 9fin is an analytics platform for debt capital markets, providing AI-powered financial data and credit research services to investment banks, funds, and advisors. Founded in 2016 by former investment banking analysts Steven Hunter and Huss El-Sheikh, the company secured a $23 million Series A+ funding round on December 8, 2022, led by Spark Capital, with participation from existing investors Redalpine, AI Seed, Seedcamp, 500 Global (formerly 500 Startups), and Ilavska Vuillermoz Capital. The capital is intended to scale the team, expand in the US market with a new New York office, and develop products for new asset classes. To date, 9fin had raised nearly $37 million in total funding, including early investments from Fly Ventures and high-net-worth individuals like Paul Forster and Alan Morgan. Since 2021, 9fin more than doubled its client base, tripled its team, and quadrupled its ARR, driving US market acceleration. The top 10 investment banks and 80% of credit trading desks use its AI products. Later developments include a 2024 Series B round of $50 million led by Highland Europe at approximately $500 million valuation, and talks for further funding targeting $1 billion valuation with $50 million ARR reported around that time. |
| Oct 2021 | Series A | redalpine (lead); Fly Ventures; Alan Morgan; Ilavska Vuillermoz Capital; Paul Forster | $11M | - | 9fin, a provider of data, news, and predictive analytics for debt capital markets, raised an £8 million Series A round on October 13, 2021, led by redalpine with participation from Fly Ventures, Alan Morgan, Paul Forster, Ilavska Vuillermoz Capital, and other high net worth individuals. The funding brought total investment to over £10 million, including prior backing from Seedcamp and AI Seed Fund. The round supported expansion into the US market with a New York office and US product launch, as well as team doubling by year-end. 9fin served nine of the top 10 European investment banks, asset managers handling over €52 billion in high yield assets, hedge funds, legal, and advisory firms. The AI-driven platform used machine learning and computer vision to extract and standardize real-time debt capital markets data, enabling predictive analytics for deal predictions, time savings on data extraction, and trading opportunities in the $65 billion annual advisory fees market. |
| Jul 2019 | Seed | Fly Ventures (lead); AI Seed | $3M | $10M | - |
| Oct 2017 | Seed | AI Seed (lead); Michael Orland | $700K | $3M | - |
Who has invested in 9fin?
16 investors have backed 9fin across its funding rounds, including redalpine, Spark Capital, Seedcamp, Ilavska Vuillermoz Capital, AI Seed and 500 Global.
Lead investors include HarbourVest Partners, Highland Europe, Spark Capital, redalpine, Fly Ventures and 1 other investor.
9fin Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 4 | Lead | Oct 2021 | ||
| 3 | Lead | Dec 2022 | ||
| 3 | Participant | Oct 2021 | ||
| 3 | Participant | Dec 2022 | ||
| 3 | Lead | Oct 2017 | ||
| 2 | Lead | Jul 2019 | ||
| 2 | Lead | Dec 2024 | ||
| 2 | Participant | Dec 2022 | ||
| 1 | Participant | Dec 2024 | ||
| 1 | Participant | Oct 2021 | ||
| 1 | Participant | Oct 2017 | ||
| 1 | Participant | Mar 2026 | ||
| 1 | Participant | Dec 2024 | ||
This data is available for Pro users. Sign up to see all 16 9fin investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAcquisitions by 9fin
9fin has acquired 1 company to date.
Last acquisition by 9fin was on March 24th 2025. 9fin acquired Bond Radar for undisclosed valuation.
Latest Acquisitions by 9fin
| Description | Bond Radar is a real-time news and data service tracking international bond markets including U.S. Treasuries, European sovereigns, and corporate debt issuances. Based in London, the platform aggregates pricing from over 50 electronic trading venues and delivers alerts on yield changes exceeding 5 basis points. Bond Radar covers emerging market bonds from Brazil to South Africa with historical data back to 2010. Launched in 2012, it serves institutional traders and portfolio managers globally. |
| HQ Country | |
| HQ City | London |
| Deal Date | 24 Mar 2025 |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all 9fin acquisitions and their M&A valuation multiples. Start Free Trial | |
9fin Competitors
9fin competitors include listed companies like Shanghai DZH, HCR Co and Wolters Kluwer, and private ones like TalkingData, Capitolis and Tresata.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $1.1B | - | ||
| Private | - | - | $1.6B | - | ||
| Private | - | - | $1B | - | ||
| Publicly listed | $123M | ($545K) | $2.4B | - | ||
| Publicly listed | $75M | ($3M) | $354M | - | ||
| Publicly listed | $7.1B | $2.5B | $18B | 3.1x |
9fin Public Comps
9fin is still privately-owned, but its public comps include Red Violet, Clarivate, National Securities, Amplitude, Beijing Join-Cheer, WingArc1st, Similarweb, Planisware, Innodata and Cognyte Software.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $90M | $24M | 13.2x | 11.7x | 50.0x | 31.7x | |||
| $2.5B | $829M | 2.1x | 2.2x | 6.3x | 5.3x | |||
| $159M | $48M | 9.4x | 8.5x | 31.6x | - | |||
| $343M | ($76M) | 4.6x | 4.1x | (21.1x) | 98.8x | |||
| $386M | $11M | 1.9x | - | 68.9x | - | |||
| $199M | $70M | 3.5x | 3.3x | 10.0x | 10.5x | |||
| $283M | ($15M) | 2.5x | 2.3x | (48.6x) | 26.2x | |||
| $228M | $78M | 7.3x | 6.7x | 21.5x | 18.4x | |||
This data is available for Pro users. Sign up to see all 9fin competitors and their valuation data. Start Free Trial | ||||||||
Common questions about 9fin
| When was 9fin founded? | 9fin was founded in 2016. |
| Where is 9fin headquartered? | 9fin is headquartered in United Kingdom. |
| Is 9fin publicly listed? | No, 9fin is a private, VC-backed company. |
| What is 9fin's valuation? | 9fin was last valued at $1.3B in its Series C in March 2026. |
| How much funding has 9fin raised? | 9fin has raised $257M across 6 funding rounds. |
| What was 9fin's last funding round? | 9fin's last funding round was a $170M Series C in March 2026, led by HarbourVest Partners. |
| Who are 9fin's investors? | 9fin's investors include redalpine, Spark Capital, Ilavska Vuillermoz Capital, Seedcamp, AI Seed, Fly Ventures, Highland Europe, 500 Global, KKR, Alan Morgan and 6 others. |
| Which companies are comparable to 9fin? | Companies comparable to 9fin include TalkingData, Capitolis, Tresata, Shanghai DZH, HCR Co and Wolters Kluwer. |
| How many companies has 9fin acquired? | 9fin has acquired 1 company, including Bond Radar. |
See companies similar to 9fin
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.




