9fin Closes 3rd Funding Round With 14.2 Million USD
What is 9fin?
9fin is a Software-As-A-Service (SAAS) company that uses Artificial Intelligence (AI) to compile and analyze data. The analysis benefits businesses and industries by showing current and upcoming trends. The goal of 9fin is to provide companies with the ability to win more business opportunities. They do this with the use of predictive results from their AI technology.
9fin Fundraising Successes
9fin has enjoyed success both fundraising and with the expansion of business operations. 9fin has held 3 rounds of funding beginning with the first round in 2017. The second round of funding was in July of 2019. Their third round of funding concluded on the 13th of October in 2021.
A total of 6 investors made 8 investments worth 14.2 million US dollars for the company. 9Fin is using those funds to expand its marketing to new industries. The original target markets were investment and asset management firms. The new marketing approach focuses on industries not historically reliant on AI.
Who is 9fin?
9fin was founded by Steven Hunter, the Chief Executive Officer (CEO), and Huss El-Sheikh, the Chief Technology Officer (CTO).
Stephen Hunter graduated from the University of Bristol in 2013. He graduated with a Bachelor of Laws (LLB) degree and First Class Honours. He was most recently an Investment Executive in London with Babson Capital Management. Before that, he was an Analyst with J.P. Morgan.
Huss El-Sheikh also graduated from Bristol University in 2012. He graduated with a Master of Engineering degree. Before that he was a Business Analyst at Deutsche Bank. He also worked as the Head of Technology at the Bristol Investment Society.
What is the Future of 9fin?
The expansion of 9fin into areas not dependent on predictive technology is interesting. Their expansion is strategic, and has led to the expansion of their business. This is noticeable especially in their online presence.
New markets include industries not traditionally reliant on data and predictive analysis. Among these are markets including Law Firms, news organizations, and even sales. To ensure their market share in these fields, they have expanded the use of content.
The 9fin Website
Under the editorial oversight of Chris Haffenden, 9fin has expanded its content creation. They now place content in front of more diverse audiences. Their team of reporters allows them to maximize the value of the content. They do this by targeting both traditional and electronic media markets.
The website itself is rather voluminous, though also well-organized and structured. The top of the website features a prominent, though not intrusive menu, listing five areas of the site. At the end of this menu is a selection explaining the many career opportunities with 9fin. The selection of reporting jobs indicates that 9fin will continue producing more content.
This content is not only for their website, but for traditional markets as well. The focus of content on different platforms should assist in marketing and sales. Together, their expansive efforts appear to offer a bright future to 9fin.