Thentia Closes Series A With BDC to Bring Advanced Tech to Regulation
Founded in Canada with clients all-across North America, Thentia was created by technology experts with a strong alignment on the principles and values associated with public protection. Because of this alignment, Thentia has become a leader in providing B2B software-as-a-service solutions to the regulatory industry in support of this mission. Regulatory bodies, licensees, and registrants have come to rely on Thentia for its innovative software technology, its highly knowledgeable and sympathetic on-boarding and success teams, and its unrivaled ability to streamline regulatory operations for its clients in accordance with best-in-class methodologies such as Right Touch Regulation.
"Thentia has established itself as a leading provider of cloud software solutions for regulated industries," said Sean Brownlee. "We were impressed by the team's ability to develop innovative solutions which solve customer challenges while increasing productivity. Our investment will help to propel Thentia to the next level as it continues to deliver world class solutions."
The equity financing from BDC will help Thentia continue to develop Thentia Cloud, which is Thentia's software-as-a-service platform. Thentia Cloud provides a comprehensive collection of regulatory modules. These include modules to track licensing or registration issuance and renewals, continuing education, public complaints, investigation and enforcement, auditing, data analytics, governance and much more.
About Thentia:
Based in Toronto, Canada, Thentia Corporation is an industry leader in using proprietary technology to help regulatory bodies efficiently fulfill their regulatory obligations. Thentia services a wide variety of clients throughout
Canada and the United States using cutting-edge software and industry-leading expertise in regulatory standards.
About BDC:
The Business Development Bank of Canada is a Crown corporation wholly owned by the government of
Canada. Founded in 1944, BDC provides financing through complementary lending, equity, and venture capital, as well as advisory services to small and medium-sized businesses based in
Canada. BDC is committed to supporting Canadian entrepreneurs at all stages of business development.
For more information, please contact:
Julian Cardarelli
CEO, Thentia Corporation
T: (800) 961- 1549
E: [email protected]
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Thentia closed their Series A with the BDC's Industrial, Clean and Energy Venture Fund
An image of the Business Development Bank of Canada's headquarters.
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About the Industrial, Clean and Energy Technology (ICE) Venture Fund
