9fin
9fin, founded in 2018 by former investment banking analysts Steven Hunter and Huss EL-Sheikh, has rapidly evolved into a leading AI-native platform for credit intelligence.
Profile
Provides AI-powered real-time data and analytics for debt markets.
9fin, founded in 2018 by former investment banking analysts Steven Hunter and Huss EL-Sheikh, has rapidly evolved into a leading AI-native platform for credit intelligence. The London-based firm specializes in real-time debt market data, analytics, and news, serving institutional investors, private equity firms, and legal advisors. Its 2026 Series C funding round of $170 million at a $1.3 billion valuation, led by HarbourVest with participation from CPP Investments and others, underscored its growth trajectory—reporting consecutive years of 100% ARR growth and expanding aggressively in the US market.
The company's platform integrates AI to parse earnings reports, track private credit holdings, and monitor market trends, with clients including major banks like BNP Paribas and UBS Asset Management. 9fin's 2025 revenue was estimated at $40 million, doubling annually, though its 16x revenue multiple in the Series C round highlights both investor confidence and the valuation disconnect between private and public data firms. Recent product launches like the Earnings Flash tool aim to streamline triage of corporate earnings data.
Who buys this
- Institutional credit investors
- Private equity firms
- Investment banks
- Law firms specializing in finance
- Asset managers
Publicly disclosed clients
- BNP Paribas
- UBS Asset Management
- Lloyds Bank
- Allen Overy Shearman Sterling
- Milbank LLP
Strengths and what to watch
Strengths
- AI-native platform with rapid parsing of earnings and debt documents
- Dominant coverage of opaque private credit markets via BDC data mining
- High retention rates and 100%+ annual revenue growth since 2023
Watch for
- Valuation at 16x revenues may face pressure if public market multiples persist
- Dependence on private credit growth amid macroeconomic uncertainty
- Competition from Bloomberg, PitchBook, and S&P Global scaling AI offerings
Recent moves
Key Information
- Founded
- 2018
- Headquarters
- London
Frequently Asked Questions
What is 9fin and what does it do?
9fin is an AI-powered platform providing real-time data and analytics for debt markets. Founded in 2018, it specializes in credit intelligence, offering tools for parsing earnings reports, tracking private credit holdings, and monitoring market trends for institutional investors and financial firms.
How much funding has 9fin raised?
9fin raised $170 million in its Series C funding round in 2026, valuing the company at $1.3 billion. The round was led by HarbourVest, with participation from CPP Investments and other investors, marking significant growth in its AI-powered financial data services.
Who are 9fin's main customers?
9fin serves institutional credit investors, private equity firms, investment banks, law firms specializing in finance, and asset managers. Notable clients include BNP Paribas, UBS Asset Management, Lloyds Bank, and legal firms like Allen Overy Shearman Sterling and Milbank LLP.
What are 9fin's key product features?
9fin's platform integrates AI to parse earnings reports, track private credit holdings, and monitor market trends. Recent launches like the Earnings Flash tool streamline corporate earnings data triage, enhancing efficiency for users in debt market analysis and decision-making.
How does 9fin compare to competitors like Bloomberg?
9fin competes with firms like Bloomberg, PitchBook, and S&P Global by focusing on AI-native solutions for debt markets. Its strengths include rapid document parsing, private credit market coverage, and high retention rates, though it faces pressure from public market valuation multiples.
What challenges does 9fin face in the market?
9fin faces challenges such as its 16x revenue valuation multiple, dependence on private credit growth amid macroeconomic uncertainty, and competition from established players scaling AI offerings. These factors could impact its growth trajectory and market position in the financial data sector.
Sources
- asymmetrixintelligence.substack.com — Series C valuation and revenue multiples
- www.bloomberg.com — Funding round details and investor participation
- www.9fin.com — Client use cases and product functionality
- www.9fin.com — Earnings Flash product launch