Tidalwave, a New York-based agentic AI-powered mortgage point-of-sale (POS) platform, has raised $22 million in Series A funding.
Investors
The round was led by Permanent Capital, with participation from D.R. Horton, Inc., and a follow-on from Engineering Capital.
Permanent Capital is a Chicago-based expansion-stage venture capital firm that partners with founders to build the go-to-market engine for enterprise-scale companies. The firm focuses its investments on software and marketplace businesses that have already established product-market fit. Its portfolio typically includes AI and B2B software solutions across various sectors such as finance, supply chain, and compensation intelligence.
Tidalwave Use of Funds
The company will use the funds to expand Tidalwave’s AI agent capabilities, increase adoption among lenders, and scale operations to handle hundreds of thousands of loans annually.
About Tidalwave
Tidalwave is an agentic AI-powered mortgage point-of-sale (POS) platform that automates end-to-end mortgage tasks, such as verification and underwriting, with minimal manual oversight. Its platform integrates directly with Fannie Mae, Freddie Mac, and third-party services like Plaid, Argyle, and Truv, to provide instant income, employment, and asset verification. Borrowers also benefit from AI-powered guidance, including tailored support for Spanish-speaking clients. The platform is already adopted by industry leaders such as NEXA Lending, First Colony Mortgage, and Mortgage Solutions.
Funding Details
Company: Tidalwave
Raised: $22.0M
Round: Series A
Funding Date: November 2025
Lead Investor: Permanent Capital
Additional Investors: D.R. Horton, Inc., Engineering Capital
Company Website: https://www.tidalwave.ai/
Software Category: Fintech / Mortgage Automation / AI POS
Source: https://www.businesswire.com/news/home/20251121765520/en/