Summary
The London-headquartered AI-powered debt intelligence platform 9fin has successfully raised £128.8 million in a Series C funding round, which has elevated its valuation to $1.3 billion and firmly established its status as a unicorn.
Summary of transaction details:
- Value: £128.8 million (Series C)
- Sector: Fintech, AI, Debt Intelligence
- Advisor: Not disclosed
- Key Entities: 9fin (Target Company), HarbourVest (Lead Investor), Canada Pension Plan Investment Board, Redalpine, Highland Europe, Spark Capital, Seedcamp (Participating Investors)
- Location: London (Headquarters of 9fin)
Note: This strategic investment is earmarked to fuel 9fin's expansion of its AI capabilities, further develop its proprietary dataset, and support its continued growth in the US, with the ultimate goal of becoming the indispensable platform for credit professionals navigating a rapidly evolving market.
Lead Investor / Acquirer
HarbourVest
Advising Broker
Undisclosed Firm
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Original Source
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