The round was 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.

Tidalwave is an agentic AI company dedicated to eliminating bottlenecks in the mortgage process. Its platform accelerates homeownership by automating outdated workflows with intelligent automation and direct integrations with Fannie Mae and Freddie Mac , and verification partners including Plaid, Argyle, and Truv. Through these integrations, Tidalwave enables lenders to access real-time income, employment, and asset verification at the point of application, reducing paperwork, minimizing errors, and dramatically shortening processing times. Borrowers also benefit from AI-powered guidance, including tailored support for Spanish speaking clients, ensuring a simpler and more accessible loan experience.