9fin, an analytics platform for debt capital markets, today announced a $23 million Series A+ led by new investor Spark Capital with participation from existing investors Redalpine, AI Seed, Seedcamp, 500 Startups, and Ilavska Vuillermoz Capital. Spark Capital General Partner, Alex Finkelstein, will join 9fin’s Board. The new capital will be used to scale the 9fin team, grow its presence in the US market and expand its product into new asset classes.
9fin’s mission is to organize the world’s leveraged finance information and make it accessible and useful through its data, news and predictive analytics platform. Leveraging proprietary machine learning and computer vision, 9fin is the faster, smarter way to find leveraged finance intelligence, centralizing everything that’s needed to analyze a credit or win a mandate in one place.
To date, 9fin has raised nearly $37 million in total funding including early investments from Fly Ventures, and a number of high net worth individuals including co-founder of Indeed Paul Forster and co-founder of MMC Ventures Alan Morgan. Since 2021, the company has more than doubled its client base, tripled its team and quadrupled its ARR. 9fin’s recent success, customer demand and fresh capital spurred the opening of a new office in New York City, which will be led by CEO and co-founder, Steven Hunter. Hussam El-Sheikh, CTO and co-founder will continue to lead the London office and all aspects of engineering.