London-based debt intelligence startup 9fin has achieved unicorn status with a $1.3 billion valuation following a $170 million Series C funding round. The round, led by HarbourVest with participation from Canada Pension Plan Investment Board, brings the company's total raised capital to over $250 million since its 2016 founding by former investment bank analysts.

The AI-powered credit research firm ranked 85th on Sifted 100: UK & Ireland with a 113.29% revenue CAGR. 9fin plans to deploy the new capital to further embed artificial intelligence into workflows, expand its credit dataset, and accelerate US expansion as it seeks to modernize debt capital markets.

CEO Steven Hunter emphasized the market need for "a single, real-time view of credit across geographies, products, and market conditions." The company has achieved multiple consecutive years of 100% annual recurring revenue growth, positioning itself to capitalize on emerging opportunities from AI advancement and credit market convergence.