TidalWave - About the company
TidalWave is a series A company based in New York City (United States), founded in 2023 by Cheng Li. It operates as a Developer of an AI platform streamlining mortgage origination for financial institutions. TidalWave has raised $22M in funding from RevTech Labs Capital and Permanent Capital. The company has 104 active competitors, including 15 funded and 9 that have exited. Its top competitors include companies like Stavvy, Snapdocs and FirstClose.
Company Details
Developer of an AI platform streamlining mortgage origination for financial institutions. The platform offers features such as automated task tracking, multilingual support, and document conversion. It integrates with loan origination systems and provides a mobile application for real-time communication. The AI is designed to reduce application anxiety and improve the borrower experience.
- Website
- www.tidalwave.ai
- Email ID
- *****@tidalwave.ai
- Registered Address
- 5301 SOUTHWEST PARKWAY SUITE 400 CORPORA,AUSTIN,TX,78735,227
Key Metrics
Founded Year
2023
Location
New York City, United States
Stage
Series A
Total Funding
$22M in 2 rounds
Latest Funding Round
Investors
Ranked
1st among 104 active competitors
Employee Count
99 as on May 31, 2026
Legal entities associated with TidalWave
TidalWave is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
TIDALWAVE TECH INC. CIN: 32091941230 , United States, Active | Oct 04, 2023 | - | - | - |
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TidalWave's funding and investors
TidalWave has raised a total funding of $22M over 2 rounds. Its first funding round was on Nov 14, 2023. Its latest funding round was a Series A round on Nov 21, 2025 for $*****. 3 investors participated in its latest round. TidalWave has 4 institutional investors.
Here is the list of recent funding rounds of TidalWave:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 21, 2025 | 8027275 | Series A | 5061389 | 4011545 | 5186909 | 2734175 |
Nov 14, 2023 | 7114536 | Seed | 8316867 | 6191399 | 2920410 |
View details of TidalWave's funding rounds and investors
TidalWave's founders and board of directors
Founder? Claim ProfileThe founders of TidalWave is Cheng Li.
Here are the details of TidalWave's key team members:
- Cheng Li: Co-Founder of TidalWave. Contact Info: 1 email address
View details of TidalWave's Founder profiles and Board Members
TidalWave's employee count trend
TidalWave has 99 employees as of May 26. Here is TidalWave's employee count trend over the years:
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TidalWave's Competitors and alternates
Top competitors of TidalWave include Stavvy, Snapdocs and FirstClose. Here is the list of Top 10 competitors of TidalWave, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | TidalWave 2023, New York City (United States), Series A | Developer of an AI platform streamlining mortgage origination for financial institutions | $22M | 60/100 | |
2nd | Stavvy 2017, Boston (United States), Series A | Provider of a digital platform for real estate transaction management | $41.5M | 58/100 | |
3rd | Snapdocs 2013, San Francisco (United States), Series D | Provider of digital closing software for mortgage and title transactions | $265M | 57/100 | |
4th | FirstClose 2000, Austin (United States), Series B | Mortgage settlement solutions provider | $39.7M | 56/100 | |
5th | BaseCap Analytics 2012, New York City (United States), Acquired | Provider of data validation and due diligence automation software platform | $8.2M | 56/100 | |
6th | Vesta 2020, San Francisco (United States), Series A | Developer of a data-centric, rules-driven, and extensible mortgage infrastructure platform | $35M | 55/100 | |
7th | OptiFunder 2018, Maryland Heights (United States), Series B | Developer of software for mortgage warehouse funding and lifecycle management | $25M | 52/100 | |
8th | Friday Harbor 2024, Seattle (United States), Seed | Developer of an AI-driven platform for mortgage loan file underwriting | $6M | 50/100 | |
9th | Vontive 2017, San Francisco (United States), Series B | Online marketplace for mortgage loans | $25M | 50/100 | |
10th | Origence 2016, Irvine (United States), Seed | Provider of loan origination, marketing, and CRM solution | $1.17M | 49/100 |
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TidalWave's Investments and acquisitions
TidalWave has made no investments or acquisitions yet.
Reports related to TidalWave
Here is the latest report on TidalWave's sector:
News related to TidalWave
Media has covered TidalWave for 1 event in last 1 year.
•
Tidalwave Raises $22M Series A, on Track to Reach 4% of U.S. Mortgage MarketBusiness Wire•Nov 21, 2025•DR Horton, Engineering Capital, TidalWave, Permanent Capital and 3 others
•
TidalWave.ai.Strengthens Leadership Following Freddie Mac Collaboration, Appoints Mortgage Industry Veteran as Head of Sales EngineeringGlobal Fintech Series•Aug 30, 2024•TidalWave
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