Tidemark provides enterprise performance management (EPM) software with a cloud- and mobile-first design, delivering data, analytics, real-time collaboration and visualizations to decision-makers. The company serves customers including ENGIE Group, Valspar, La Quinta Holdings, AAA, Brown University and HubSpot. Christian Gheorghe is the founder and CEO. Tidemark completed a new investment from Marlin Equity Partners to support growth. The company says the additional capital will be used to accelerate expansion into new geographies and markets. Tidemark provides a cloud financial planning platform designed to bridge finance and operations and break down organizational silos. Its product lineup has expanded to include subscription-based financial modeling to meet growing customer demand. The company says it recently experienced 4X growth, its best growth rate to date. Tidemark has been partnering with Workday and says the two have worked together since the company’s inception. Growth has enabled geographic expansion into Europe with new offices in London, Paris and Amsterdam. CEO Christian Gheorghe emphasizes the platform’s role in enabling CFO–CIO collaboration and exposing process breakdowns that Excel-based workflows cannot. Tidemark offers a cloud-based financial forecasting platform that replaces static board books with interactive, drill-down digital books. The product provides spreadsheet-style grids and graphical views, enabling users to move beyond manual Excel‑to‑PowerPoint processes. It includes mobile support and Siri command integration to facilitate access and collaboration across devices. The company ships 85 pre-defined finance playbooks that users can adopt, adapt, or extend, presented in a business-process-management style workflow for analysts and business users. CEO Christian Gheorghe describes the update as adding a social fabric for viewing, sharing and commenting on financial information. Tidemark announced a new funding round that increases its total capital raised to $80M. Tidemark offers a cloud-based, in-memory analytics platform that pulls structured and unstructured data into an elastic multi-tenant environment. The platform shapes that data into apps used for risk analysis, strategic, financial and operational planning, forecasting, and profitability modeling. Tidemark layers its analytics on top of customers' financial management systems and external sources such as Twitter and Facebook. The company emphasizes speed in generating apps and analytics as a differentiator against legacy providers. Earlier this year it launched Storylines, a SaaS infographic-style dashboard that uses real-time analytics to tell a story with ongoing financial projections. Financially, the company recently raised $13 million, bringing its total funding to more than $48 million. Tidemark offers an Enterprise Performance Management platform that delivers real-time, risk-adjusted metrics management, strategic, financial and operational planning and forecasting, and profitability modeling applications. The software monitors and analyzes business data including KPIs and key risk indicators and can produce full profit-and-loss reports by product, customer, supplier and channel to surface detailed cost drivers. Its web applications use an HTML5 user interface and include components such as processes, goals, dimensions, KPIs, calculations, risks and controls. Tidemark integrates with a range of cloud and on-premise systems to source structured and unstructured data, including PDFs, Microsoft Office documents and blogs. The company was founded by Christian Gheorghe and was formerly known as Proferi. The new funding will be used for customer acquisition, and the company has now raised more than $35 million in total.

Total raised

$98M

Funding rounds

6

Latest round

Equity

Latest activity

Jun 2015