Who founded Tidalwave?

Tidalwave was founded by Diane Yu, Cheng Li in 2023.

Who are Tidalwave's investors?

Tidalwave's investors include Permanent Capital Ventures, Engineering Capital.

How much funding has Tidalwave raised?

Tidalwave has disclosed $22M raised across 1 of its 2 known rounds.

Where is Tidalwave headquartered?

Tidalwave is headquartered in New York City, US.

Tidalwave

New York City, US · Founded 2023 · 103 employees on LinkedIn · 4 known investors

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Tidalwave builds AI agents for mortgage lenders that automate document review, data entry, bank statement analysis, and loan processing, along with SOLO, a 24/7 assistant that answers borrower questions with compliant responses. The platform serves lenders and their loan officers in the mortgage industry, integrating with verification vendors and agencies like Fannie Mae and Freddie Mac.

AI & Machine Learning Fintech PropTech

Founders & leadership

Tidalwave was founded in 2023 by Diane Yu and Cheng Li.

Diane Yu FounderDiane Yu is co-founder and CEO of Tidalwave, which builds AI agents for mortgage lenders to automate document review, data entry, and loan processing. She previously served as CTO at Better, a digital mortgage company, and as CTO of Comcast Advertising and co-founder of FreeWheel, a video monetization platform acquired by Comcast.

Cheng LiCo-Founder

Investors · 4

Permanent Capital Ventureslisted by Permanent Capital VenturesChicago

How we know: housingwire.com · Not right? Tell us

Engineering CapitalreportedMenlo Park · $100K – $10M

How we know: housingwire.com · funding news · Not right? Tell us

Also in the syndicate · 2

D.R. HortonD.R. Horton, Inc.

Funding

SEC filings, press & company announcements

$22M disclosed across 1 of 2 rounds · 2025

$22MSeries ANov 2025 · 5 sources
Permanent Capital (lead), D.R. Horton, D.R. Horton, Inc., Engineering Capital
Source ↗

Source: company announcements and press reports — follow each round's link for the claim.

In the news

Tidalwave raises $22m to scale AI mortgage automationfintech.global · Nov 2025

Tidalwave Raises $22M in Series A Fundingfinsmes.com · Nov 2025

Frequently asked questions

What does Tidalwave do?: Tidalwave builds AI agents for mortgage lenders that automate document review, data entry, bank statement analysis, and loan processing, along with SOLO, a 24/7 assistant that answers borrower questions with compliant responses. The platform serves lenders and their loan officers in the mortgage industry, integrating with verification vendors and agencies like Fannie Mae and Freddie Mac.
Who founded Tidalwave?: Tidalwave was founded by Diane Yu, Cheng Li in 2023.
Who are Tidalwave's investors?: Tidalwave's investors include Permanent Capital Ventures, Engineering Capital.
How much funding has Tidalwave raised?: Tidalwave has disclosed $22M raised across 1 of its 2 known rounds.
Where is Tidalwave headquartered?: Tidalwave is headquartered in New York City, US.