Summary
9fin, a London-based AI-powered debt market intelligence platform, has successfully closed a $170 million Series C funding round, which included a secondary share sale for employees and valued the company at $1.3 billion, securing its status as a UK unicorn.
Summary of transaction details:
- Value: $170 million
- Sector: Fintech, DeepTech & AI
- Advisor: Not specified
- Key Entities: 9fin (Target), HarbourVest (Lead Investor), Canada Pension Plan Investment Board (CPP Investments), Redalpine, Highland Europe, Spark Capital, Seedcamp (Participating Investors)
- Location: London, UK (Target)
Note: This significant capital infusion, led by HarbourVest, underscores the escalating investment interest in AI-native platforms disrupting traditional financial markets. The funding is expected to fuel 9fin's growth, particularly its expansion in the US, and enhance its AI-driven solutions for global debt markets, while also rewarding early employees through the secondary share sale.
Lead Investor / Acquirer
HarbourVest
Advising Broker
Undisclosed Firm
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Original Source
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