Thentia, a Toronto, Canada-based cloud regulatory software company, closed a Series A equity financing of undisclosed amount.
The Business Development Bank of Canada’s Industrial, Clean and Energy Venture Fund made the investment.
The company ill use the funds to expand its sales and marketing activities worldwide and further innovate its cloud platform.
Led by Julian Cardarelli, CEO, Thentia provides B2B software-as-a-service solutions to the regulatory industry. Thentia Cloud provides a comprehensive collection of regulatory modules, which track licensing or registration issuance and renewals, continuing education, public complaints, investigation and enforcement, auditing, data analytics, governance and much more, which has a major presence in the regulatory and licensure market with clients including Regulatory bodies, licensees, and registrants all-across North America.