Tidewater

Real-time treasury for global SMB operators.

Price charts and order data on a trading screen
Seed

Stage at our first check

2023

Year we invested

London

Headquarters

34 people

Team today

What they do

Founded by Yusuf Karim and Rachel Lindo.

Tidewater gives small companies that operate in more than one country a single view of cash, along with the ability to move it. Balances, currency exposure, and upcoming obligations sit in one place instead of five bank portals.

Businesses at this size have historically been served either by a bank product built for enterprises or by a spreadsheet. Tidewater is built for the operator who does the finance job on top of another job.

Why we invested
Yusuf ran finance at a company that grew across four countries in two years, and he built the first version of this for himself. We invested because the product already had eleven paying customers who had found it without any marketing.

Tomas Novak, General Partner

Timeline

How it has gone so far.

Seed round, co-led with two operator angels.

Payments licence granted in the United Kingdom.

Crosses 1,200 businesses on the platform.

Next step

Building something like Tidewater?

We write first checks at pre-seed and seed, and we answer within two business days.