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Thentia Raises $38M as It Eyes Licensing Tech Growth

PRIVATEJan 26, 2024

Amount Raised

$38 Million

Round Type

Funding Round

TorontoFinancial ServicesSoftwareMobile

Investors

Espresso CapitalBDC CapitalSpring Mountain CapitalFirst Ascent Ventures

Description

Thentia raised $38 million in a Series B extension round led by existing investors, including First Ascent Ventures, Spring Mountain Capital, BDC Capital, and Espresso Capital. The funding will be used to invest more in artificial intelligence, scale operations, boost hiring, and undergo geographic expansion.

Quick answer

Thentia raised $38 Million in a Funding Round round, dated January 26, 2024. Investors: Espresso Capital, BDC Capital, Spring Mountain Capital and First Ascent Ventures. Thentia is based in Toronto, Ontario, Canada.

How much did Thentia raise?
Thentia raised $38 Million in a Funding Round round on January 26, 2024.
Who invested in Thentia?
Espresso Capital, BDC Capital, Spring Mountain Capital and First Ascent Ventures are named as investors in this round.
What does Thentia do?
Thentia is driving regulatory transformation for hundreds of regulators and regulatory agencies worldwide with a platform that handles all key department functions including licensing, investigations, enforcement,..
Where is Thentia based and how big is it?
Thentia is based in Toronto, Ontario, Canada. Fundz records about 95 employees.
Who are the decision-makers at Thentia?
Fundz holds 2 contacts at Thentia. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Mobile around the same time

Companies in the same sectors as Thentia that raised within 45 days of this round, from Fundz verified event records.

  • PrizePicks raised $8.7M on March 11, 2024.
  • Bending Spoons raised $155M on March 7, 2024.
  • Carputty Inc. raised $80M (Series A) on March 6, 2024.
  • PayShepherd raised $7M (Seed) on March 6, 2024.
  • Meo raised $1.7M (Seed) on March 6, 2024.
  • Altro raised $4M (Seed) on March 6, 2024.

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Company Information

Company

Thentia

Location

Toronto, Ontario, Canada

About

Thentia is driving regulatory transformation for hundreds of regulators and regulatory agencies worldwide with a platform that handles all key department functions including licensing, investigations, enforcement, fitness to practise, quality assurance, scope of practise, continuing education, board management, data analysis, and more. Thentia Cloud empowers regulators to transcend the constraints of legacy processes, custom-built solutions, and a web of disparate applications with a single unified 360-degree platform, setting new standards in efficiency and effectiveness.

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Related People

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Thentia raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.