COMPANY PROFILE

Thentia

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Regulatory and compliance software company

Toronto, CanadaFounded 2014Legal

Valuation $100–250M Last recorded · 2024

Headcount <100 Current team size

Total funding $50–100M Disclosed equity funding

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About Thentia

Thentia is a leading provider of cloud-based software solutions designed specifically for regulatory agencies. Operating in the GovTech sector, Thentia serves a diverse range of clients, including occupational and non-occupational licensing bodies. The company's flagship product, Thentia Cloud, is an end-to-end platform that streamlines and automates the entire regulatory process—from license issuance and validation to payment processing and compliance management. By leveraging their deep industry expertise as former regulators, Thentia has built a user-friendly and secure system that addresses the unique needs of regulatory agencies. The business model is subscription-based, generating revenue through recurring fees for access to its software and additional services. Thentia's solutions are currently used by over 150 regulatory bodies across North America, managing more than 9 million active licenses. The company is committed to driving digital transformation in the regulatory space, offering tools that enhance operational efficiency, reduce manual data handling, and expedite turnaround times for licensing and renewals.

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At a glance

Status: Operational
Founded: 2014
Headquarters: Toronto, Canada
Employees: 45
Open positions: None listed
Dealroom signal: 24.6/100
Industry: Legal
Sector: Legal, Govtech and Civictech
Links: Website LinkedIn X

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Funding history

8 recorded events

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
SERIES BOther financing	Oct 2024	$10M	$190M	BDC Capital · First Ascent Ventures · Spring Mountain Capital · CayCan	↗
SERIES BOther financing	Jan 2024	$38M	$152M	Espresso Capital · First Ascent Ventures · Business Development Bank of Canada · Spring Mountain Capital	↗

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Growth signals

Thentia website traffic

Latest recorded traffic for Thentia is 2.2K monthly website visits, down 50% over the last three months. Thentia's team declined 37.5% over the past year.

Latest monthly visits2.2K 3-month web change-50% 1-year team growth-37.5%

Monthly website visitsJun 2018–Jul 2026

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