Tidalwave Announces $22M Series A Round

Core Insights - Tidalwave has successfully raised $22 million in a Series A funding round, bringing its total funding to $24 million [1][2] Company Overview - Tidalwave is an agentic AI-powered mortgage point-of-sale platform aimed at streamlining the mortgage process by automating outdated workflows [2] - The platform integrates directly with Fannie Mae, Freddie Mac, and verification partners such as Plaid, Argyle, and Truv, allowing lenders to access real-time income, employment, and asset verification [2] Funding Details - The Series A round was led by Permanent Capital, with participation from D.R. Horton, Inc., the largest homebuilder in the U.S., and a follow-on investment from Engineering Capital [1] Technology and Benefits - Tidalwave's technology reduces paperwork, minimizes errors, and significantly shortens processing times for mortgage applications [2] - The platform also offers AI-powered guidance, including tailored support for Spanish-speaking clients, enhancing the loan experience for borrowers [2]