Tidal Financial Group: Raises $32M in Growth Equity Funding

Tidal Financial Group Raises $32M in Growth Equity Funding

• 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
• 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