How many total Credit Rating Agencies companies are there?

As of Jul 2026, there are 191 active companies in Credit Rating Agencies sector.

Which countries have the most Credit Rating Agencies companies?

United States (36) has the highest number of Credit Rating Agencies companies, followed by India (18) and United Kingdom (14).

How many Credit Rating Agencies companies are funded?

As of Jul 2026, 42 companies in this sector have received funding.

Which company has raised the most funding in Credit Rating Agencies sector?

As of Jul 2026, Red Flag Alert has secured $10.5M in funding, making it the highest-funded company in the Credit Rating Agencies sector.

Which country has attracted the most investment in Credit Rating Agencies companies?

With $10.5M in total funding, United Kingdom has attracted the most investment among Credit Rating Agencies companies.

Who are the top investors in Credit Rating Agencies companies?

The top investors in Credit Rating Agencies companies by number of investments are Europa, S&P Global Ratings and Artis Ventures

How much venture capital has Credit Rating Agencies sector attracted?

In the last 10 years, venture capital firms have invested $7.28M in this sector.

Credit Rating Agencies - 2026 Market & Investments Trends

There are 209 companies in the Credit Rating Agencies sector across the world, with 42 funded companies having collectively raised $411M in venture capital money and private equity. Overall 36 of these are Series A+ funded.

Credit Rating Agencies sector has seen 20 acquisitions and 9 IPOs. This represents almost 13.9% of all such companies - which is higher than the 4.7% exit rate of tech companies in general.

This sector includes companies that provide ratings to Corporates, Financial Institutions, and Corporates indicating their creditworthiness.

Companies included in Credit Rating Agencies sector

Companies that provide Credit Ratings to corporates, Financial Institutions, and Countries.

Companies excluded in Credit Rating Agencies sector

Companies that provide credit scores, software for credit rating companies, and Investment Research Firms.

Key Metrics

Total Companies

209

Top Companies

S&P Global, Kroll Bond Rating Agency & more

Total Funding

$411M

Funded Companies

Series A+ Companies

Series C+ Companies

IPOs

Acquisitions

View complete details of this sector

The market map of Credit Rating Agencies gives a visual overview of the sector, showing key business models, their interactions in the value chain, and industry evolution.

Here are some reports related to Credit Rating Agencies sector:

Premium

Credit Rating Agencies Investor Landscape

Edition: April, 2023

Premium

Credit Rating Agencies Exit Landscape

Edition: February, 2023

View all reports related to Credit Rating Agencies. Sign up today!

There are more than 209 companies in Credit Rating Agencies. S&P Global is the top Credit Rating Agencies company globally, ranked using Tracxn Score (what's this?).

Here are 5 of the top Credit Rating Agencies companies globally:

Company	Description	Location	Founded	Current Stage	Private Funding Raised
S&P Global	Provider of essential intelligence and market analysis for global finance	New York City (United States)	1917	Public	-
Kroll Bond Rating Agency	Provider of credit ratings, research, and insight for financial markets	New York City (United States)	2010	Acquired	$53.3M
Moody's	Provider of credit ratings, research, data, and risk assessment services	New York City (United States)	1909	Public	-
CARE Ratings	Provider of independent credit ratings and assessments for businesses	Mumbai (India)	1993	Public	-
Acuite Ratings & Research	Provider of credit rating data for the investment industry	Mumbai (India)	2005	Funding Raised	-

Get a longer list of companies

Companies founded year-on-year in the Credit Rating Agencies sector

1 new startup has been founded so far in 2026 in the Credit Rating Agencies sector. 8 Credit Rating Agencies startups were founded in 2025 - this is the most number of startups founded in any year in the last 10 years.

Total Number of Companies

Year	No. of companies
2026	1
2025	8
2024	-
2023	4
2022	5
2021	2
2020	3
2019	4
2018	1
2017	7

Companies founded across countries in the Credit Rating Agencies sector

United States has 36 Credit Rating Agencies startups, the most by any country, followed by India which has 18 startups and United Kingdom which has 14.

Total Number of Companies

Country	No. of companies
United States	36
India	18
United Kingdom	14
China	11
Germany	6
South Korea	5
Italy	5
Turkey	5
France	4
Singapore	4

Stage-wise distribution of the Credit Rating Agencies sector

Out of the total 209 Credit Rating Agencies companies, 42 have secured funding. Among them, 36 have reached Series A or higher, and 32 to Series B or beyond.

Founded - 209

Funded - 42

Series A+ - 36

Series B+ - 32

Series C+ - 32

Company Stage	No. of companies
Founded	209
Funded	42
Series A+	36
Series B+	32
Series C+	32

Want to know more about Credit Rating Agencies ? Signup and explore Tracxn for free

205+ Total Companies
$411M+ Total Funding
40+ Funded Companies
5+ IPOs
15+ Acquisitions

Total funding year-on-year in the Credit Rating Agencies sector

The Credit Rating Agencies sector saw a total funding of more than $30.6M in the last 10 years. The most amount of funding was in 2023 at more than $8M.

Total Funding

Year	Total Funding
2025	$4.92M
2024	$1.91M
2023	$8M
2022	$1.87M
2021	$2.93M
2020	$284K
2019	$4.16M
2018	$2.62M
2017	$1.8M

Total funding across countries in the Credit Rating Agencies sector

In the last 10 years, Credit Rating Agencies startups in United Kingdom have recieved the highest funding among all countries - $10.5M. United States follows with $6.65M and India with $6.06M.

Total Funding

Country	Total Funding
United Kingdom	$10.5M
United States	$6.65M
India	$6.06M
Italy	$1.86M
United Arab Emirates	$1.55M
Germany	$514K
Spain	$400K
Peru	$125K
Malaysia	-

Total funding amount raised by stage in the Credit Rating Agencies sector

Over the last 10 years, the Credit Rating Agencies sector have seen $2.51M into Seed Stage funding rounds, $15.3M into Early Stage funding rounds and $442K go into Late Stage funding rounds.

Funding Stage	Total Funding
Early Stage	$15.3M
Grant	$9.3M
Seed Stage	$2.51M
Late Stage	$442K
PE	$125K

Recent Funding Rounds in Credit Rating Agencies

In the year 2025, till December 2025, Credit Rating Agencies companies have raised $4.92M in equity funding across 2 rounds. In the same period last year (i.e. till October 2024), Credit Rating Agencies companies had raised $1.55M across 3 rounds. So, 2025 has seen a 217.25% rise in funding in Credit Rating Agencies companies as compared to 2024.

Here are some recent, important funding rounds in Credit Rating Agencies:

Company	Round Raised	Amount Raised	Funding Date	Investors
Transparency-analytics	Seed	8555	Dec 17, 2025	Deciens Capital and 5 more
Red Flag Alert	Series A	1170	Jan 22, 2025	Foresight Group and 1 more
Synnax	Seed	9226	Oct 03, 2024	Wintermute and 1 more
Scope Ratings	Seed	7264	2024	UI Investissement
Synnax	Seed	8046	Mar 06, 2024	No Limit Holdings and 12 more

See a more detailed list of funding rounds

Europa is the top investor in Credit Rating Agencies companies based on number of companies invested.

Here are some top investors in Credit Rating Agencies:

Investor	Location	Top Portfolio Companies
Europa	Belgium	S&P Global, Moody's, Fitch Ratings and Scope Ratings
S&P Global Ratings	New York City (United States)	RAM Holdings and TRIS Rating
Artis Ventures	San Francisco (United States)	Crediwatch
Modern India	Mumbai (India)	Crediwatch
Abstract Ventures	San Francisco (United States)	Crediwatch

See a more detailed list of investors

In the year 2025, till September 2025, 1 acquisition happened in Credit Rating Agencies sector. Last year, in 2024, a total of 1 acquisition happened in Credit Rating Agencies sector.

Here are some recent, important acquisitions in Credit Rating Agencies:

Company	Acquisition Type	Acquisition Date	Acquirers
Meris	Business Acquisition	Sep 12, 2025	Moody's
MFI Credit Solutions	Business Acquisition	Mar 25, 2024	Unisourcejointventures
SCRiesgo	Business Acquisition	Dec 01, 2022	Moody's
Class & Asociados S.A. Clasificadora de Riesgo	Business Acquisition	Apr 19, 2022	Moody's
Axesor Rating	Business Acquisition	Feb 17, 2022	Qivalio

See a more detailed list of acquisitions

Acquisition trends in Credit Rating Agencies

Here are the acquisition trends in Credit Rating Agencies:

Total Number of Acquisitions

Year	No. of companies
2026	-
2025	1
2024	1
2023	-
2022	4
2021	2
2020	1
2019	3
2018	2
2017	-

In the year 2021, till February 2021, 1 IPO happened in Credit Rating Agencies sector.

Here are some recent, important IPOs in Credit Rating Agencies:

Company	IPO Date	Exchange Symbol
KISReport	Feb 25, 2021	Korea Exchange (KRX)
Majesco	Aug 19, 2015	National Stock Exchange (NSE), Bombay Stock Exchange (BSE)
CARE Ratings	Dec 26, 2012	Bombay Stock Exchange (BSE), National Stock Exchange (NSE)
Korea Ratings	Feb 07, 2002	Korea Exchange (KRX)
Scie.co.kr	Dec 07, 1999	Korea Exchange (KRX)

See a more detailed list of IPOs

Companies founded by alumni from top colleges in the Credit Rating Agencies sector

Most number of Credit Rating Agencies startups have been founded by alumni from Cornell University, University of Pennsylvania and Wharton School.

College	No. of companies
Cornell University	3
University of Pennsylvania	2
Wharton School	2
Harvard Business School	1
Harvard University	1
IE Business School	1
IIT Kharagpur	1
INSEAD	1
Imperial College London	1
Massachusetts Institute of Technology	1

Total funding in companies founded by alumni from top colleges in the the Credit Rating Agencies sector

In the last 10 years, Cornell University graduates' Credit Rating Agencies companies have raised the most funding among top colleges. IE Business School and University of California (Los Angeles) alumni are second.

College	Total Funding
Cornell University	$66.5M
IE Business School	$1.55M
University of California (Los Angeles)	$1.55M
University of Oxford	$442K
Harvard Business School	$120K
Harvard University	$120K
IIT Kharagpur	-
INSEAD	-
Imperial College London	-
Massachusetts Institute of Technology	-