TidalWave
- Company typePrivate
- Founded2024
- HeadquartersNew York, United States
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What TidalWave does
Tidalwave Tech Inc. is a U.S.-based AI-native mortgage technology company that automates the mortgage origination lifecycle for lenders and borrowers. Founded in 2023 and headquartered in New York City, the company has built a proprietary platform featuring its core AI assistant, SOLO, which performs document review, dual automated underwriting, income and asset verification, forensic bank statement analysis, and 24/7 multilingual borrower communication across more than 30 languages. SOLO is trained on structured mortgage datasets including URLA files and bank transaction records and is natively integrated with government-sponsored enterprises Fannie Mae and Freddie Mac, as well as the Encompass loan origination system and Optimal Blue rate-lock platform. Third-party benchmarking conducted with Columbia University's DAPLab reported 95% compliance accuracy and 84% underwriting accuracy for SOLO versus materially lower scores for general-purpose AI models.
The company's platform is delivered through enterprise field sales and inside sales motions targeting mid-to-large U.S. mortgage lenders and independent mortgage banks, with quote-based annual pricing and an implied transaction-based component per loan originated. Named deployments include DHI Mortgage (a subsidiary of strategic investor D.R. Horton), Flat Branch Home Loans, First Colony Mortgage, Mortgage Solutions, Contour Mortgage, Mpower, Developers Mortgage, GNB, and NEXA Lending. Tidalwave has raised $24 million in total funding through a November 2025 $22 million Series A led by Permanent Capital with participation from D.R. Horton and Engineering Capital, and holds AICPA SOC 2 Type II certification. The company was named to the 2026 CB Insights AI 100 and targets processing over 200,000 loans annually and capturing 4% of total U.S. mortgage originations in 2026.
TidalWave firmographics
Firmographics- Name
- TidalWave
- Legal name
- Tidalwave Tech Inc.
- Website
- https://tidalwave.ai
- Company type
- Private
- Founded year
- 2024
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
TidalWave industry classification
Industry- Product category
- Mortgage Technology / Loan Origination Software
- NAICS
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)
- SIC
- Mortgage Bankers & Loan Correspondents (6162)
- akta.pro primary industry
- Mortgage Secondary Data, Analytics & Pricing/Valuation Services (FSALAFAN)
Keywords
Where TidalWave is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
TidalWave business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- Platform Licensing/Subscription: AI-powered mortgage platform offered to lenders, likely through subscription or per-seat licensing model based on team size and deployment scope.
- Transaction-based Processing: Platform aims to process loans and generate revenue per loan originated. Targeting over 200,000 loans annually indicates transaction-based revenue component.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Annual | Enterprise pricing - quote-based |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels4 records
TidalWave product offering
Product offeringCore offering
TidalWave provides an AI-native mortgage point-of-sale platform featuring its proprietary SOLO AI assistant that automates document review, data entry, loan processing, dual automated underwriting, income/asset verification, and 24/7 multilingual borrower communication. The platform is sold to U.S. mortgage lenders (banks, independent mortgage banks) and integrates natively with Fannie Mae, Freddie Mac, Encompass, and Optimal Blue. It is offered via enterprise subscriptions and reduces mortgage closing times from 45 days to under two weeks.
Product overview
TidalWave is an AI-native mortgage technology platform consisting of its core Tidalwave Platform and the proprietary SOLO AI assistant. The platform serves both lenders and borrowers, automating mortgage origination workflows including document review, automated underwriting, income/asset verification, and borrower communication. SOLO serves as the AI-powered assistant within the platform, handling tasks 24/7 while integrating natively with major mortgage systems including Fannie Mae, Freddie Mac, Encompass, and Optimal Blue. The platform claims 90%+ application-to-submission conversion rates and aims to reduce mortgage closing times from 45 days to under two weeks.
Differentiator
Problem solved
Functional benefit
Products and services
- SOLO Proprietary mortgage-only AI assistant that answers borrower questions 24/7 with regulatory-compliant responses, builds comprehensive loan memory tracking every interaction, performs dual automated underwriting, and provides instant verification of income and assets for U.S. mortgage lenders.
- TidalWave Platform AI-native mortgage point-of-sale platform that automates document review, data entry, loan processing, and borrower communication for mortgage lenders, with native integrations to Fannie Mae, Freddie Mac, Encompass, and Optimal Blue.
Quantifiable outcome
- Reduces mortgage closing times from 45 days to under 2 weeks
- +5 more outcomes
Companies that use TidalWave
Customer profileNamed customers9 records
Segments2 records
Ideal customer profiles2 records
TidalWave technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
AI capability9 records
Feature6 records
TidalWave partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core.
- EncompasscoreLeading mortgage loan origination system (LOS) platform. Tidalwave's SOLO AI integrates with Encompass for seamless data flow and automated workflows within existing lender technology stacks.
- Optimal BluecoreMortgage rate lock and secondary marketing platform. Tidalwave integrates with Optimal Blue to provide comprehensive loan automation and rate management capabilities.
- Columbia University DAPLabcoreJoint research partnership with Columbia University's Data and AI for Public Policy Lab (DAPLab) to benchmark AI performance in mortgage underwriting. Released public benchmark study showing Tidalwave's SOLO AI scored 95% on compliance checks vs 42% for general-purpose models.
- Fannie MaecoreMajor government-sponsored enterprise (GSE) providing mortgage liquidity. Tidalwave integrates with Fannie Mae systems for real-time underwriting findings and outcomes, enabling earlier decisioning in the mortgage process.
- Freddie MaccoreMajor government-sponsored enterprise (GSE) providing mortgage liquidity. Tidalwave integrates with Freddie Mac systems for real-time underwriting findings, providing seamless automated underwriting capabilities.
Scale indicators8 records
Recent moves6 records
Expansion highlights5 records
TidalWave competitors and assessment
Company assessmentDirect peers
- Blend: Blend provides a cloud-based consumer banking and mortgage point-of-sale platform used by major US lenders for application, verification, and closing workflows. It is the closest direct competitor to Tidalwave, targeting the same lender buyers with similar AI-augmented origination capabilities.
- Maxwell (by Polly): Maxwell, now part of Polly, provides a digital mortgage point-of-sale and lender workflow platform used by community banks and credit unions to streamline origination. It competes head-to-head with Tidalwave for the same mid-market and independent mortgage bank customers.
- BeSmartee: BeSmartee offers a white-labeled mortgage point-of-sale and automation platform for lenders, including digital application, verification, and pricing workflows. It targets a similar lender customer base as Tidalwave with comparable origination automation capabilities.
- Better.com: Better.com is a digitally native mortgage lender with significant proprietary AI tooling for origination and underwriting, and notably the prior employer of Tidalwave's CEO Diane Yu as CTO. It overlaps directly with Tidalwave's end-to-end AI-driven origination vision, though Better is primarily a direct lender rather than a software vendor.
- LoanLogics: LoanLogics provides mortgage technology focused on loan quality, compliance, and data verification for lenders, including automated audits and document review. It overlaps with Tidalwave's document review and compliance automation capabilities in the same lender buyer segment.
- FormFree: FormFree provides digital asset, income, and employment verification technology used by US mortgage lenders to automate borrower data collection. Its verification capabilities compete directly with portions of Tidalwave's instant verification and underwriting workflows.
Broad incumbents
- ICE Mortgage Technology (Encompass): ICE Mortgage Technology operates the Encompass loan origination system, the dominant LOS used by US mortgage lenders, and is also a Tidalwave integration partner. As the entrenched incumbent, it represents both a distribution channel and the most significant competitive threat to Tidalwave's lender penetration.
- nCino: nCino provides a cloud-based banking platform with loan origination, onboarding, and workflow automation used by commercial and retail banks, including mortgage. It competes with Tidalwave for bank-side lender customers and bundles broader origination capabilities beyond mortgage.
- Rocket Mortgage: Rocket Mortgage is the largest US mortgage lender and has invested heavily in its own proprietary AI/automation tooling for origination and servicing. While primarily a direct lender rather than a software vendor, its internal capabilities set the customer expectation bar Tidalwave must beat in lender deployments.
Emerging players
- HouseCanary: HouseCanary provides AI-driven residential property valuation, analytics, and forecasting tools used by mortgage lenders, investors, and servicers. It overlaps with Tidalwave's analytics and valuation components, particularly in underwriting risk assessment, though it is more focused on the property-side data layer.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
TidalWave social profiles
Digital presenceTidalWave compliance and trust
Trust signalCompliance1 record
TidalWave financial estimates
Financial estimateRevenue estimate
Valuation estimate
TidalWave leadership team
Management profileNumber of profiles
Profiles6 records
TidalWave funding detail
Funding detailFunding overview
Funding rounds1 record
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
TidalWave M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about TidalWave
What does TidalWave do?
TidalWave provides an AI-native mortgage point-of-sale platform featuring its proprietary SOLO AI assistant that automates document review, data entry, loan processing, dual automated underwriting, income/asset verification, and 24/7 multilingual borrower communication. The platform is sold to U.S. mortgage lenders (banks, independent mortgage banks) and integrates natively with Fannie Mae, Freddie Mac, Encompass, and Optimal Blue. It is offered via enterprise subscriptions and reduces mortgage closing times from 45 days to under two weeks.
Is TidalWave a public or private company?
TidalWave is a private company. It is classified as venture growth investor backed and is currently operating.
When was TidalWave founded?
TidalWave was founded in 2024. It employs 1 to 10 people.
Where is TidalWave based?
TidalWave is headquartered in New York, United States, in the North America region.
How does TidalWave make money?
Two revenue lines are on record. Platform Licensing/Subscription is the primary driver. The others are transaction-based Processing.
Who are TidalWave's main competitors?
Direct peers on record are Blend, Maxwell (by Polly), BeSmartee, Better.com, LoanLogics and FormFree. Broad incumbents are ICE Mortgage Technology (Encompass), nCino and Rocket Mortgage. HouseCanary is listed as an emerging player.
Does TidalWave have an API?
No public API is recorded for TidalWave.
What industry is TidalWave in?
TidalWave's product category is Mortgage Technology / Loan Origination Software. Its primary akta.pro industry code is FSALAFAN, Mortgage Secondary Data, Analytics & Pricing/Valuation Services. Its NAICS code is 518 and its SIC code is 6162.