Thentia, a global leader in regulatory and compliance software has entered into a venture debt funding partnership with Espresso Capital.
“This partnership will allow Thentia to expand its suite of enterprise technology solutions for regulation and compliance needs,” said Julian Cardarelli, chief executive officer of Thentia. “We are pleased to be working with Espresso Capital, which has a longstanding history of supporting innovative technology companies.”
The funding will fuel Thentia’s already established presence in the regulation software segment, and will support further growth in markets across Canada, the U.S. and the U.K.
Thentia’s database technology was created specifically for regulatory bodies, licensing boards and private businesses to enable them to streamline their operations in regulation, compliance and governance. Leading regulatory agencies and hundreds of thousands of licensees rely on Thentia platforms every day.
“This partnership speaks volumes about Thentia’s leadership role in the industries it serves,” said Cardarelli. “The funding will measurably benefit existing customers through improvements in services and offerings, as well as enable Thentia’s growth in to new jurisdictions worldwide.”
