Thentia, a Toronto, Canada-based regulatory and compliance software provider, entered into a venture debt funding partnership with Espresso Capital.
The amount of the deal was not disclosed.
The company intends to use the funds to expand to new markets, accelerate its established presence in the regulation software segment, and further grow in markets across Canada, the United States and the United Kingdom.
Led by Julian Cardarelli, Chief Executive Officer, Thentia provides a database technology platform created specifically for regulatory bodies, licensing boards and private businesses to streamline their operations in regulation, compliance and governance.
The company has offices in the United States and the United Kingdom.