Tidal Financial Group Raises $32M in Growth Equity Funding







Tidal Financial Group, a Chicago-based provider of ETF investment and technology platform, has raised $32M in Growth Equity funding.

FTV Capital invested in the venture. With this investment, Mike Vostrizansky, principal at FTV Capital, joined Tidal’s board of directors.

The company intends to use the funds to expand its team, unify its current multi-brand offering, further digitize client solutions and continue to deliver services to new and existing ETF issuers.

Tidal is led by Guillermo Trias (CEO), and provides an ETF platform and technology platform to facilitate the creation, operation, growth, and expansion of ETFs for third-parties. The company works with asset and wealth managers, institutions and RIAs to develop, launch and market private label ETFs, delivering custom solutions that are cost effective. The company is currently the collaborative partner of more than 55 U.S. ETFs and has more assets than $6.5 billion.

FinSMEs

07/10/2022






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