Tide

About

Tide is a business banking platform with a mission to save small businesses time and money on their banking and admin.

London,England,United Kingdom
251 - 500
https://www.tide.co

Highlights

Details

Last Funding Type: Convertable Note
Last Funding Money Raised: $8M
Industries: Banking,Credit,Financial Services,FinTech,Mobile Apps
Founded date: Jan 1, 2015
Number Of Employee: 251 - 500
Operating Status: Active
Legal Name: Tide Platform Ltd

Tide’s mission is to help SMEs save time (and money) in the running of their businesses. The Tide platform not only offers business accounts and related banking services, but also a comprehensive set of highly usable administrative solutions, such as full integration with accounting systems. Using advanced technology, all solutions are designed with SMEs in mind. Tide is now the emerging leader in SME challenger banking in the UK. Tide believes that truly serving SMEs well requires relentless focus on their needs. That is why Tide is SME only.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

10

$134.50M £49.10M

Tide has raised a total of $134.50M £49.10M in funding over 2 rounds. Their latest funding was raised on Jul 12, 2021 from a Series C round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Jul 12, 2021	Series C	$100M	7	Apax Digital	—	Detail
Apr 19, 2021	Non-Equity Assistant	—	1	Future Fifty	—	Detail
Dec 1, 2019	Secondary Market	—	1	—	—	Detail
Oct 6, 2019	Series B	£44.10M	7	Augmentum Fintech SBI Group	—	Detail
Jun 13, 2019	Series Unknown	£5M	1	Augmentum Fintech	—	Detail

Investments

Number of Investments

Number of Lead Investments

3

0

Tide has made 3 investments. Their most recent investment was on Jan 1, 2020, when Little Spoon raised $22M.

Date Company Name	Round	Money Raised	Industry	Lead Investor
Jan 1, 2020 Little Spoon	Series A	$22M	Baby	—
Feb 5, 2019 Little Spoon	Series Unknown	$7M	Baby	—
Sep 18, 2017 Little Spoon	Pre-seed	—	Baby	—

Investors

Number of Lead Investors

Number of Investors

12

22

Tide is funded by 22 investors. Apax Digital and Future Fifty are the most recent investors.

Investor Name	Lead Investor	Funding Round
Apax Digital	Yes	Series C
Future Fifty	Yes	Non-Equity Assistant
Goodwater Capital	Yes	Convertable Note
Speedinvest	—	Series C
Anthemis Group	—	Series C
Augmentum Fintech	—	Series C
Jigsaw	—	Series C
LocalGlobe	—	Series C
SBI Group	—	Series C
Hambro Perks Ltd.	—	Secondary Market