Series A8 December 2022

9fin secures £18.8m Series A investment led by Spark Capital

Spark Capital led the Series A round, which will fund US expansion and team growth.

£18.8MSeries A

9fin provides an AI-powered data and analytics platform tailored for the global debt capital markets. The company helps financial professionals access critical credit information and streamline workflows.

London and New York based analytics provider 9fin has secured £18.8m in Series A funding led by Spark Capital. The round included participation from existing backers Redalpine, AI Seed, Seedcamp, 500 Startups, and Ilavska Vuillermoz Capital, alongside early investor Fly Ventures and various high net worth individuals.

The fresh capital will be directed towards scaling the company team, expanding its presence in the United States market, and developing new asset class products. Alex Finkelstein of Spark Capital is joining the company board as part of the transaction.

The raise follows a period of significant growth for the firm, which has doubled its client base, tripled its headcount, and quadrupled its annual recurring revenue since 2021. The company has also established a new office in New York City to support its American expansion.

From the founder

Steven Hunter
Co-founder and CEO at 9fin

Investor perspective

"Steven, Hussam and the 9fin team are updating an industry that desperately needs it. They’ve made so much progress out of their London office, we’re excited to see them take on the US and continue growing with new customers."

Alex Finkelstein

General Partner, Spark Capital