3 years ago

9fin Secures £18.8M Series A+ to Fuel US Expansion and Product Development

  • London-based debt capital analytics firm 9fin has raised £18.8 million ($23 million) in a Series A+ funding round led by Spark Capital

  • Existing investors, including Redalpine, AI Seed, Seedcamp, 500 Startups, and Ilavska Vuillermoz Capital, also participated

  • The company, which uses AI to provide market intelligence to financial institutions, will use the funding to expand its US customer base and develop new asset classes.

      • ProblemFinancial Services

      "Companies' debt market data is opaque, unstructured, and slow to be distributed, making it difficult for companies to analyze and make informed decisions."

      Solution

      "9fin's software uses computer vision and machine learning to bring together data from various sources, providing intelligence on debt capital markets and a centralized stream of information for investment banks, law firms, and asset managers."

      Covered on