Tidalwave Secures $22M Series A to Accelerate AI‑Powered Mortgage Platform

Why It Matters

The capital infusion accelerates Tidalwave’s rollout of AI‑powered loan origination tools, potentially reshaping mortgage workflows and increasing efficiency for lenders, while signaling broader market confidence in AI applications within real‑estate finance.

Deal Summary

Tidalwave, a New York‑based AI‑driven mortgage point‑of‑sale platform, announced a $22 million Series A round led by Permanent Capital, with participation from D.R. Horton and Engineering Capital. The funding brings total capital to $24 million and will be used to scale adoption across more than 200,000 loans per year.