Tidemark led a $40m Series B round in Onfly.

Tidemark, a growth equity firm, led a $40m Series B round in Onfly, a corporate travel and expense management platform, with parficipation from Endeavor Catalyst and Left Lane Capital. "Corporate travel and expense management in Latin America is a massive industry undergoing rapid digital transformation. In 2023, the sector generated nearly $50 billion in the region, according to GBTA. Most players have been around for over 40 years and operate as service-oriented businesses with minimal technology adoption. Today's workforce expects the same seamless, intuitive experience from corporate software that they get from consumer apps," Marcelo Linhares, Onfly CEO and Co-Founder.