Thentia Closes an additional $10 Million in Series B1  

by Kay Aloha Villamor in April 20th, 2022

Thentia, a Toronto, Canada-based industry-leading government software-as-a-service (SaaS) provider, announced that it closed an additional $10 million Series B1 investment led by existing investors Spring Mountain Capital and BDC Capital.

This additional funding will enable the company to invest aggressively across all parts of the business, including growing and enhancing its product and engineering, while also scaling customer-facing services and support teams, to create a world-class customer experience across all markets.

Company: Thentia Corp.

Raised: $10.0M

Round: Series B1

Funding Month: April 2022

Lead Investors: Spring Mountain Capital and BDC Capital

Additional Investors:

Company Website: https://thentia.com/

Software Category: Govtech Solutions

About the Company: Thentia is a global company with teams operating in the United States of America, the United Kingdom, and Canada and is trusted by regulatory bodies and government agencies worldwide with more than 8 million active licensees across the globe using its platform. Thentia was developed by subject matter experts with a mission to transform government technology through best-in-class capabilities. Its secure, modern and elegant solution, Thentia Cloud, is revolutionizing the way regulatory bodies and government agencies manage data and licensing by bringing the entire process into the 21st century with speed, automation, ease of use, and best-in-class support. 

Source: https://www.prnewswire.com/news-releases/thentia-raises-an-additional-10m-from-existing-investors-bdc-capital-and-spring-mountain-capital-following-rapid-growth-301528442.html





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