Thentia, which is a global leader in regulatory and compliance software, announced today that it 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 subsidizing will fuel Thentia's as of now settled nearness in the direction programming fragment, and will bolster assist development in business sectors crosswise over Canada, the United States and the United Kingdom. The company intends to use the funds to expand to new markets, accelerate its established presence in the regulation software segment, and further grow in markets across Canada, the United States and the United Kingdom.
Thentia's database innovation was made particularly for administrative bodies, permitting sheets and private organizations to empower them to streamline their tasks in direction, consistence and administration. Driving administrative organizations and a huge number of licensees depend on Thentia stages each 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.”
Based in Toronto, Canada, with offices in the United States and the United Kingdom, Thentia, a leader in regulatory and compliance software, provides database technology that was created specifically for regulatory bodies and private businesses to stay on top of their regulatory compliance obligations.
About Espresso Capital
Since 2009, Espresso Capital has provided over 230 early and growth stage technology companies with founder friendly capital. The company offers lines of credit and term loans to enable entrepreneurs to grow their businesses without dilution, board seats, or personal guarantees. Espresso's mission is to keep founders in control with fast, fair, and flexible capital.
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