Tidal Commerce Inc.
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Tidal Commerce Inc. - overview
Established
2003
Location
Oak Brook, IL, US
Primary Industry
Software
About
Tidal Commerce Inc. is a payment processing company providing merchant services that cater to businesses across various sectors. Their solutions enhance transaction efficiency and support operational growth. Founded in 2003, Tidal Commerce Inc.
is based in Oak Brook, US, and specializes in payment processing solutions for businesses. The company was founded by Drew Sementa, who has a history of entrepreneurial ventures. Tidal Commerce has successfully raised a total amount of USD 4. 00 mn, with its most recent funding round being a Growth round completed on July 16, 2019, from Super G Capital.
The company has completed 2 deals in total. Tidal Commerce specializes in providing payment processing and merchant services designed to support businesses and organizations of all sizes. Their core offerings include a robust point of sale (POS) solution, merchant accounts, and payment gateways, all aimed at enhancing transaction efficiency and reducing costs for their clients. The company’s solutions are tailored to serve diverse industries such as retail, hospitality, banking, and nonprofit sectors, addressing the unique payment processing needs of each.
Tidal Commerce focuses on offering fair and transparent pricing, cash discount programs, and 24/7 U. S. -based technical support. Their services are primarily marketed across the United States, catering to both small startups and larger enterprises processing significant transaction volumes annually.
Tidal Commerce generates revenue through its merchant services, which include transaction processing fees, subscription plans for its POS systems, and additional charges for specialized features such as cash discount programs. The company establishes partnerships with businesses, enabling them to integrate Tidal Commerce’s payment solutions directly into their operations. Retailers may pay a fee based on the volume of transactions processed through their merchant accounts, while restaurants can benefit from a subscription model that provides access to the Waves POS system with integrated payment capabilities. The transparent pricing structure allows clients to choose from various plans based on their individual business needs, ensuring they have access to cost-effective solutions that promote growth and efficiency.
Tidal Commerce plans to leverage the USD 4. 00 mn raised in Growth funding to enhance its product offerings and expand into new geographic markets. The company is designing new products aimed at improving payment processing efficiency, although specific release dates are not disclosed. Additionally, Tidal Commerce aims to target expansion into various regions across the U.
S. to capture a larger customer base. The funding will support these initiatives, enabling Tidal Commerce to strengthen its market presence and innovate its service offerings.
Current Investors
Super G Capital
Primary Industry
Software
Sub Industries
Analytics & Performance Software, Application Integration Software, Sales & Marketing Software, Systems Management Software
Website
www.tidalcommerce.com
Verticals
Mobile Apps
Company Stage
Growth Stage/Expansion
Total Amount Raised
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