9fin, the AI-powered analytics platform for debt capital markets, has raised US$50m in a Series B round led by Highland Europe, with participation from existing investors Spark Capital, Redalpine, Seedcamp, 500 Startups and Ilavska Vuillermoz Capital.
The new funding will enable 9fin to invest further in its market-leading AI technology, grow its analytics team, and accelerate its expansion in the US.
Osborne Clarke advised longstanding client, Highland Europe, on the round. The corporate team was led by partner Robert Wood, associate director Magnus Williams and associate Chris Flach. The wider team also included associate Ian Solomon advising on commercial, data protection and IP, partner Olivia Sinfield and trainee Sophie Margetts advising on employment matters, and senior associate Stuart Rose, partner Michael Carter and trainee James Bruce advising on incentives.
9fin has established itself as a pioneer in the application of cutting-edge technology in debt capital markets. Since its Series A+ round in 2022, it has achieved 400% group-wide ARR growth. The company has also grown to 240 employees and recently doubled the size of its tech team, driving increases in product development speed.
9fin helps subscribers save time, win business, and outperform their peers with faster and easier access to critical credit information. Providing intelligence on high-yield bonds, leveraged loans, distressed debt, CLOs, private credit and asset-backed finance, 9fin was the first information provider to integrate generative AI into its platform, using it to provide agentic Q&A tools, real-time market updates, and advanced search capabilities.
"Many thanks to Osborne Clarke for helping us ensure this transaction was executed efficiently and on time.”
Fergal Mullen, partner at Highland Europe said:"Debt markets are booming but data intelligence platforms are not keeping up with the needs of this massive asset class. 9fin’s vision, combined with their relentless focus on technology, user experience and company values has set them apart as the go-to platform for debt professionals. We’re thrilled to support their ambition to become the global leader in debt analytics. Many thanks to Osborne Clarke for helping us ensure this transaction was executed efficiently and on time.”
Osborne Clarke’s Corporate team is considered a go-to practice for many companies in the technology sector, working with clients ranging from global businesses to fast-growth start-ups and market challengers. The team recently advised Highland Europe the £55m series B round in FINBOURNE and on the $96m financing round in the consumer technology brand, Nothing. The team advises at every stage of company development across all corporate issues, from equity and debt fundraisings to M&A, IPOs and JVs.