Thentia Raises $10M in Series B Funding

Thentia, a Toronto, Canada-based GovTech Software-as-a-Service (SaaS) company, raised $10m in Series B funding.

The round was led by Spring Mountain Capital with participation from BDC Capital.

The company intends to use the funds to accelerate its go-to-market strategy and grow its position across the U.S.

Led by Julian Cardarelli, Chief Executive Officer, Thentia provides a SaaS based government technology platform, Thentia Cloud, for agencies to manage data and licensing at speed.

The company was founded in Canada with operations in Chicago, IL.