Tidal Financial Group, a Chicago, IL-based provider of an ETF investment and technology platform, raised $32M in Growth Equity funding.
The investment was made by FTV Capital. 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.
Led by CEO Guillermo Trias, Tidal provides an ETF investment and technology platform facilitating the creation, operation, and growth 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. Currently, the company is the collaborative partner to more than 55 ETFs in the United States, overseeing more than $6.5 billion in assets.
FinSMEs
07/10/2022