Tide has secured a $120 million strategic investment from TPG, raising its valuation to $1.5 billion and positioning it for accelerated growth and international expansion.

Information on the Target

Tide, a leading business management platform based in the UK, has announced a strategic investment from TPG, a globally recognized alternative asset management firm. This funding round, amounting to $120 million, elevates Tide's valuation to $1.5 billion, marking a pivotal step in its growth trajectory. The capital raised will bolster Tide's efforts in international expansion, accelerate product development, and enhance its investment in agentic AI technology.

Currently, Tide serves 1.6 million members across multiple markets, including the UK, India, Germany, and France. The platform is designed to streamline business operations for small and medium-sized businesses (SMBs) by providing integrated solutions for common tasks, thereby enabling entrepreneurs to focus more on their core operations.

Industry Overview in the Target’s Specific Country

The UK fintech landscape has witnessed substantial growth over the past decade, particularly in the area of business management solutions for small and medium enterprises. The increas