Espresso Capital provides $2.5 credit facility to Thentia
Thentia, a Toronto-based provider of regulatory and compliance software, has secured an up-sized $2.5 million debt facility. The funding came from Espresso Capital, a Canadian lender to growth-stage technology companies. It follows a non-disclosed venture debt financing provided last September. Founded in 2014 and led by CEO Julian Cardarelli, Thentia offers database technology designed for regulatory bodies, licensing boards and private businesses to help them streamline operations in regulation, compliance and governance. It will use the facility's proceeds for continued growth and entering into new markets.
9 May 2019•3 mins read
