Tide Overview
- Year Founded
-
2015
- Status
-
Private
- Employees
-
1,941
- Latest Deal Type
-
Later Stage VC
- Investors
-
36
Tide General Information
Description
Provider of business banking services intended to help small business owners with their banking and admin activities. The company's platform allows business owners to open an account in minutes and offers tools to automate tasks such as invoicing and expense management and also offers integrations to accounting software, auto-categorization of transactions, payroll services, credit options, team expense cards, enabling businesses to set up a bank account, issue and send invoices and process payments in a go.
Contact Information
Website
www.tide.coCorporate Office
- 4th Floor The Featherstone Building
- 66 City Road
- London EC1Y 2AL
- England, United Kingdom
Corporate Office
- 4th Floor The Featherstone Building
- 66 City Road
- London EC1Y 2AL
- England, United Kingdom
Tide Timeline
Tide Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
11. Later Stage VC | 15-Apr-2024 | 00000 | Completed | Generating Revenue | ||
10. Secondary Transaction - Private | 01-Nov-2023 | 00000 | Completed | Generating Revenue | ||
9. Later Stage VC (Series C) | 12-Jul-2021 | 00000 | 00000 | 00000 | Completed | Generating Revenue |
8. Debt - General | 22-Feb-2021 | 00.000 | 00000 | Completed | Generating Revenue | |
7. Debt - General | 13-Nov-2020 | 00.000 | 00000 | Completed | Generating Revenue | |
6. Early Stage VC | 07-Oct-2019 | 000.00 | Cancelled | Generating Revenue | ||
5. Early Stage VC (Series B) | 06-Oct-2019 | 000.00 | 000.00 | 00000 | Completed | Generating Revenue |
4. Early Stage VC | 01-Jan-2019 | 0000 | Completed | Generating Revenue | ||
3. Early Stage VC (Series A) | 01-Dec-2018 | $8M | $24M | Completed | Generating Revenue | |
2. Early Stage VC (Series A) | 04-Jul-2017 | $14M | $16M | 000.00 | Completed | Generating Revenue |
Tide Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
B Ordinary | 000,000 | 00.000000 | 00.0 | 00.0 | 00 | 00.0 | 0.000 | |
B Ordinary | 0,000,000 | 00.000000 | 00.0 | 00.0 | 00 | 00.0 | 0.000 | |
B Ordinary | 000,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 0.000 | |
Ordinary | 00,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 0.000 | |
Ordinary | 00,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 0.000 | |
Series C Preferred | 0,000,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 0.000 | |
Series C Preferred | 0,000,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 00.000 | |
Series C Preferred | 0,000,000 | 00.000000 | 00.0 | 00.0 | 00 | 00.0 | 0.000 | |
Series B | 2,424,200 | $0.000010 | $5.94 | $5.94 | 1x | $5.94 | 5.17% | |
Series B | 252,520 | $0.000010 | $4.59 | $4.59 | 1x | $4.59 | 0.54% |
Tide Comparisons
Industry
Financing
Details
Tide Competitors (58)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Novo (Commercial Banks) | Venture Capital-Backed | Miami, FL | 000 | 00000 | 000000000000 | 00000 |
Zempler Bank | Venture Capital-Backed | London, United Kingdom | 000 | 00000 | 00000000000 | 00000 |
Varo | Venture Capital-Backed | San Francisco, CA | 000 | 00.000 | 000000 - 000 | 00.000 |
Lili (Financial Software) | Venture Capital-Backed | New York, NY | 00 | 0000 | 00000000000 | 0000 |
Qonto | Venture Capital-Backed | Paris, France | 0000 | 00000 | 00000 00000 | 00000 |
Tide Patents
Tide Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
US-20240046347-A1 | Machine-learning model to predict likelihood of events impacting a product | Pending | 03-Aug-2022 | 0 | |
US-20230316349-A1 | Machine-learning model to classify transactions and estimate liabilities | Pending | 05-Apr-2022 | 000000000 | 00 |
Tide Executive Team (10)
Name | Title | Board Seat |
---|---|---|
Oliver Prill Ph.D | Chief Executive Officer & Board Member | |
Gurjodhpal Singh | Chief Executive Officer - India | |
Ian Sutherland | Chief Financial Officer | |
Guy Duncan | Chief Technology Officer | |
Eliza Haskell | Chief Administrative Officer & General Counsel |
Tide Board Members (4)
Name | Representing | Role | Since |
---|---|---|---|
Donald Brydon | Self | Chairman | 000 0000 |
Oliver Prill Ph.D | Tide | Chief Executive Officer & Board Member | 000 0000 |
Tide Signals
Tide Investors (36)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Apax Partners | PE/Buyout | Minority | 000 0000 | 000000 0 |
Apax Digital Growth | Growth/Expansion | Minority | 000 0000 | 000000 0 |
SquareOne Capital | Venture Capital | Minority | 000 0000 | 000000 0 |
Tiny Supercomputer Investment Company | Venture Capital | Minority | 000 0000 | 000000 0 |
Tom Lesche | Angel (individual) | Minority | 000 0000 | 000000 0 |
Tide Investments & Acquisitions (2)
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
Funding Options | 28-Nov-2022 | 0000000000 | Other Financial Services | ||
Previse | 24-May-2022 | Later Stage VC | 000.00 | Financial Software |
Tide Subsidiaries (1)
Company Name | Industry | Location | Founded |
---|---|---|---|
Funding Options | Other Financial Services | London, United Kingdom | 0000 |
Tide FAQs
-
When was Tide founded?
Tide was founded in 2015.
-
Who is the founder of Tide?
George Bevis is the founder of Tide.
-
Who is the CEO of Tide?
Oliver Prill Ph.D and Gurjodhpal Singh are the CEOs of Tide.
-
Where is Tide headquartered?
Tide is headquartered in London, United Kingdom.
-
What is the size of Tide?
Tide has 1,941 total employees.
-
What industry is Tide in?
Tide’s primary industry is Other Commercial Banks.
-
Is Tide a private or public company?
Tide is a Private company.
-
What is Tide’s current revenue?
The current revenue for Tide is 00000.
-
How much funding has Tide raised over time?
Tide has raised $207M.
-
Who are Tide’s investors?
Apax Partners, Apax Digital Growth, SquareOne Capital, Tiny Supercomputer Investment Company, and Tom Lesche are 5 of 36 investors who have invested in Tide.
-
Who are Tide’s competitors?
Novo (Commercial Banks), Zempler Bank, Varo, Lili (Financial Software), and Qonto are some of the 58 competitors of Tide.
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