Tidalwave Raises $22M Series A, on Track to Reach 4% of U.S. Mortgage Market
Tidalwave, an agentic AI-powered mortgage point-of-sale (POS) platform, today announced a $22 million Series A funding round led by Permanent Capital, with participation from D.R. Horton, Inc., the nation’s largest homebuilder, and a follow-on from Engineering Capital. This brings Tidalwave’s total funding to $24 million.
AI Mortgage Innovator Tidalwave Bolsters Team with Key Industry Hires from ICE and nCino
Tidalwave, an agentic AI mortgage technology startup integrated with Fannie Mae and Freddie Mac, continues to gain momentum, drawing leading mortgage veterans to its rapidly growing team. The company today announced the two high-profile executive appointments, signaling its rapid momentum in reshaping mortgage technology. John Stephenson, former relationship manager and sales executive at ICE Mortgage Technology, joins as Head of National Sales, bringing deep industry expertise and a proven track record in driving lender adoption at scale. Frank Pastirchak, a veteran of nCino and Reggora, joins as Account Executive, further strengthening the company’s go-to-market team with his experience in SaaS sales and mortgage automation.
Agentic AI Mortgage Startup Tidalwave Partners with First Colony Mortgage and Mortgage Solutions
Tidalwave, a leading agentic AI mortgage startup, today announced strategic partnerships with First Colony Mortgage (FCM) and Mortgage Solutions to enhance the mortgage process through AI technology. These collaborations aim to improve efficiency for loan officers and deliver a seamless experience for borrowers.
