# Tidalwave

> Tidalwave is a New York-based agentic AI company building SOLO, an AI-native mortgage point-of-sale platform that automates the home loan process for lenders and borrowers. Founded in 2023 by ad-tech and mortgage-tech veterans, Tidalwave uses hallucination-free AI grounded in real loan data to handle document review, data extraction, borrower communication, verification, and underwriting support - letting borrowers complete a fully verified application in about 35 minutes, in over 30 languages. In November 2025 the company raised a $22M Series A led by Permanent Capital, with participation from homebuilder D.R. Horton.

- **Founded:** 2023
- **Headquarters:** New York, New York, United States
- **Founders:** Diane Yu (Co-Founder & CEO), Jack Deng (Co-Founder & CTO), Cheng Li (Co-Founder, Tech Ops & CISO)
- **Team size:** ~99 employees
- **Products:** SOLO, AI Document Review, Conversational Application, Instant Verification & Dual AUS, Multilingual Borrower Support
- **Notable:** Raised $22M Series A in November 2025 (led by Permanent Capital), bringing total funding to ~$24M., Secured homebuilding giant D.R. Horton as both an investor and customer., On track to power 200,000+ loans annually, ~4% of projected 2026 US mortgage originations.

## Products & services

- **SOLO** — Tidalwave's proprietary mortgage-only AI agent and agentic AI mortgage point-of-sale (POS+) platform. Provides 24/7 borrower support with regulatory-compliant, hallucination-free answers, builds persistent loan memory, and automates data entry, document review, and processing.
- **AI Document Review** — Automatic review of borrower documents that detects errors and flags discrepancies; performs bank statement analysis in about 5-6 minutes.
- **Conversational Application** — AI-guided, voice-to-application experience that transcribes phone conversations into started applications and auto-populates fields in real time; borrowers finish a fully verified application in ~35 minutes.
- **Instant Verification & Dual AUS** — Direct integrations with Fannie Mae and Freddie Mac plus Plaid, Argyle and Truv for real-time income, employment and asset verification, running dual AUS and instant pre-qualification at the point of application.
- **Multilingual Borrower Support** — Real-time language support across the entire mortgage process in 30+ languages, launched with Spanish to address language barriers in home lending.

## Achievements

- Raised $22M Series A in November 2025 (led by Permanent Capital), bringing total funding to ~$24M.
- Secured homebuilding giant D.R. Horton as both an investor and customer.
- On track to power 200,000+ loans annually, ~4% of projected 2026 US mortgage originations.
- CEO Diane Yu named a 2025 HousingWire Woman of Influence.
- Reported reducing loan processing times by up to 67% via real-time verification integrations.
- Automates ~70% of mortgage tasks with a 90%+ app-to-submission conversion rate.

## Latest updates

- **2025-11** — Closed a $22M Series A led by Permanent Capital, with participation from D.R. Horton and a follow-on from Engineering Capital; Jason Duboe joined the board.
- **2025-11** — Announced it is on track to reach 4% of the US mortgage market, powering 200,000+ loans annually.
- **2025** — Expanded multilingual borrower support to 30+ languages, launching with Spanish to address language barriers in lending.
- **2025** — Announced ICE Mortgage Technology (Encompass) integration to embed into lenders' existing origination workflows.

## Links

- Website: https://tidalwave.ai
- LinkedIn: https://www.linkedin.com/company/tidalwave-ai

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Profile page: https://yespress.io/tidalwave
Published by YesPress — https://yespress.io
Last updated: 2026-07-17