Athennian, a Calgary, Canada-based developer of a cloud-based legal entity management software platform, raised $7m CAD in Series A extension funding.
The round was led by Arthur Ventures with participation from new investors Touchdown Ventures and Clio CEO, Jack Newton, Round13 Capital and other existing investors.
The company, which has raised $17m CAD in venture capital financing to date, will use the capital to increase the size of its global team, invest in product development, and expand its cloud-based services.
Led by Adrian Camara, CEO, Athennian provides a cloud-based legal entity management software platform used by legal departments and professional services firms to automate subsidiary and entity management, and improve compliance, governance, and transactional workflows.
The platform leverages data to execute reports and tax charts; generates required documents for managing new or existing entities such as share certificates, minutes, stock, and dividend transactions, and change of directors or officers; submits registrations digitally; provides reminders for annual filings; and automates workflows with document assembly, eSignature, and e-filing directly with government company registries.
Athennian offers rapid migration for customers from any legacy database including, Diligent Entities (Blueprint), GEMS, Secretariat, hCue, Effacts, Viewpoint, ALF, CorpLink, EnAct, GlobalAct, EnGlobe, FastCompany, Corporate Focus, and more.