About Tide
Tide is a company based in London (United Kingdom) founded in 2015. It operates as a Freemium, Commission-Based, and FinTech. Tide has raised $221.42 million across 11 funding rounds from investors including State Bank of India, TPG and Speedinvest. Tide has completed 2 acquisitions, including Funding Options and Onfolk. Tide offers products and services including Business Account, Tide Accounting, Business Loans, and Tide Card Reader. Tide operates in a competitive market with competitors including Brex, BlueVine, Qonto, Mercury and Novo, among others.
- Headquarter London, United Kingdom
- Stage Minicorn
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Tide Platform Limited
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$221.42 M (USD)
in 11 rounds
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Latest Funding Round
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Investors
State Bank of India
& 24 more
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Employee Count
Employee Count
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Investments & Acquisitions
Funding Options
& 1 more
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Products & Services of Tide
Tide offers a comprehensive portfolio of products and services, including Business Account, Tide Accounting, Business Loans, and Tide Card Reader. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Business accounts are provided for financial management needs.
Accounting tools are offered for seamless tax management.
Loans are provided to support business growth initiatives.
Card readers are supplied for in-person payment processing.
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Software Development Team
100 people
Finance and Accounting
51 people
Product Management Team
50 people
Data Analysis and Operations Team
19 people
Senior Team
12 people
Leadership Team
11 people
Human Resources and Administration
8 people
Legal and Compliance
7 people
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Funding Insights of Tide
Tide has successfully raised a total of $221.42M across 11 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 11
- Last Round Last Round
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First Round
First Round
(25 Jul 2016)
- Investors Count 25
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2025 | Amount | Private Equity Round - Tide | Valuation | TPG |
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| May, 2025 | Amount | Debt – Conventional - Tide | Valuation |
investors |
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| Oct, 2023 | Amount | Series C - Tide | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Tide
Tide has secured backing from 25 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include State Bank of India, TPG and Speedinvest. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Equity investments are focused on tech, services, and consumer sectors.
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Founded Year | Domain | Location | |
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Early and growth-stage startups are funded by Anthemis Group.
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Founded Year | Domain | Location | |
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Venture capital fund investing in fintech startups
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Tide
Tide has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Funding Options and Onfolk. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Online HR and payroll management is provided for enterprises.
|
2021 | ||||
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Third party customized solution provider for alternative lending.
|
2011 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Tide
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Tide Comparisons
Competitors of Tide
Tide operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Brex, BlueVine, Qonto, Mercury and Novo, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
SaaS-driven credit card and spend management solutions platform for businesses
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| domain | founded_year | HQ Location |
Digital bank for businesses
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| domain | founded_year | HQ Location |
Subscription-based online banking is offered to SMEs and freelancers.
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| domain | founded_year | HQ Location |
Online business banking and financial workflow tools are provided.
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| domain | founded_year | HQ Location |
Casino sites are evaluated and reviewed by Novo.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Tide
Frequently Asked Questions about Tide
When was Tide founded?
Tide was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Tide located?
Tide is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Tide?
Oliver Prill is the current CEO of Tide.
Is Tide a funded company?
Tide is a funded company, having raised a total of $221.42M across 11 funding rounds to date. The company's 1st funding round was a Series C of $15.9M, raised on Jul 25, 2016.
What does Tide do?
Tide is established as a leading digital banking platform catering to small and medium-sized enterprises, freelancers, and contractors. Services are provided in the financial sector, focusing on business accounts, accounting tools, payment solutions, and business loans. Solutions are designed to streamline financial management, offering tools for invoicing, expense tracking, and payroll. Over 1.5 million users worldwide are supported, with a significant presence in the UK, serving over 10 of SMEs. Additional finance options are facilitated through partnerships, ensuring access to funding from 1,000 to 20 million.
What products or services does Tide offer?
Tide offers Business Account, Tide Accounting, Business Loans, and Tide Card Reader.
How many acquisitions has Tide made?
Tide has made 2 acquisitions, including Funding Options, and Onfolk.
Who are Tide's investors?
Tide has 25 investors. Key investors include State Bank of India, TPG, Speedinvest, Apax Partners, and Salica Investments.
What is Tide's valuation?
The valuation of Tide is $606.43M as of Mar 2023.
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