Tide Secures $120 Million to Empower Small Businesses

Tide, the all-in-one business finance platform, led by Dr. Oliver Prill, announced primary and secondary investment, totaling over $120 million, led by TPG and supported by existing investor the Apax Digital Funds. The investment raises Tide’s valuation to $1.5 billion and marks a significant milestone in the company’s growth journey. Morgan Stanley served as exclusive financial advisor and placement agent to Tide in relation to this investment. Torch Partners served as financial advisor to TPG. Yemi Lalude will join Tide’s Board.

The investment comes via The Rise Funds, TPG’s global impact investing platform. With a multi-sector strategy, the fund backs high-growth businesses that deliver both scalable positive impact and strong financial returns. To date, it has invested in 85+ mission-driven companies alongside visionary founders.

Tide’s mission is to save SMBs time and money by eliminating repetitive, time-consuming business tasks. Incumbent solutions are often complex and fragmented, while Tide offers a connected, digital-first platform that is simple, intuitive, and tailored for SMBs—making setup seamless and real-time.

Tide serves 1.6 million members across the UK, India, Germany, and France with an all-in-one business management platform. The platform simplifies company registration, accounting, payroll, expenses, payments, and access to credit, while also offering connected sales tools like acquiring and website building—helping SMBs tackle all their jobs-to-be-done in one place.

Tide CEO Oliver Prill said the TPG investment marks a major milestone, enabling the company to accelerate international expansion and product innovation. Tide aims to build on its profitable UK base, rapid growth in India, and recent entries into Germany and France, while deepening its use of AI to help 1.6 million members save time and money.