"Tidalwave said its platform uses agentic AI specialized autonomous software agents that perform end-to-end mortgage tasks such as verifications and underwriting in an effort to reduce the industry's average 43-day loan closing timeline. The platform integrates with Fannie Mae, Freddie Mac and other partners including Plaid, Argyle and Truv. The mortgage industry has long been reliant on disjointed tools and manual intervention, leading to costly delays and errors, Diane Yu, CEO and co-founder of Tidalwave, said in a statement."
"The company expects to reach roughly 4% market share in 2026, powering more than 200,000 loans annually. The Mortgage Bankers Association (MBA) projects $1.46 trillion in originations next year. Mark Winter, CEO of D.R. Horton's subsidiary DHI Mortgage, said in a statement that after working with Tidalwave in recent months, he is confident that together, we will transform lending for years to come. As part of the funding round, Jason Duboe, co-founder and managing partner at Permanent Capital, joined Tidalwave's board of directors."
Tidalwave deploys agentic AI autonomous software agents to perform end-to-end mortgage tasks such as verifications and underwriting, targeting a reduction of the industry's average 43-day loan closing timeline. The platform integrates with Fannie Mae, Freddie Mac, Plaid, Argyle and Truv to streamline data connections and workflows. The company expects to power more than 200,000 loans annually and reach roughly 4% market share in 2026 amid projected $1.46 trillion in originations next year. Recent funding accelerated AI agent development, placed Jason Duboe on the board, and supported multiple senior hires while headcount sits near 40 employees.
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