About Thentia
Thentia is a company based in Toronto (Canada) founded in 2014.. Thentia has raised $56.14 million across 6 funding rounds from investors including BDC, First Ascent Ventures and BDC. Thentia operates in a competitive market with competitors including Clariti, Open Counter, EcoInteractive, Motor Vehicle Software Corporation and GovPilot, among others.
- Headquarter Toronto, Canada
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Sectors
Government & Social Sector
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$56.14 M (USD)
in 6 rounds
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Latest Funding Round
$38 M (USD), Series B
Jan 29, 2024
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Investors
BDC
& 5 more
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Employee Count
Employee Count
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Funding Insights of Thentia
Thentia has successfully raised a total of $56.14M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $38 million completed in January 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Series B — $38.0M
- First Round First Round
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2024 | Amount | Series B - Thentia | Valuation | First Ascent Ventures , BDC | |
| Apr, 2022 | Amount | Series B - Thentia | Valuation | Spring Mountain Capital , BDC Capital Management |
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| Oct, 2021 | Amount | Debt – Conventional - Thentia | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Thentia
Thentia has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include BDC, First Ascent Ventures and BDC. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital firm focused on technology companies
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Founded Year | Domain | Location | |
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Venture debt firm
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Founded Year | Domain | Location | |
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Venture capital fund focused on multiple sectors
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Thentia
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Thentia
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Thentia Comparisons
Competitors of Thentia
Thentia operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Clariti, Open Counter, EcoInteractive, Motor Vehicle Software Corporation and GovPilot, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based permitting and licensing software is provided for government organizations.
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| domain | founded_year | HQ Location |
Business permitting and zoning clearance tools are provided to cities.
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| domain | founded_year | HQ Location |
Document management and project monitoring software solution
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| domain | founded_year | HQ Location |
Electronic vehicle registration and compliance software is provided for California.
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| domain | founded_year | HQ Location |
Offers digital tools to automate processes, manage data, and engage citizens in local governments.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Thentia
Frequently Asked Questions about Thentia
When was Thentia founded?
Thentia was founded in 2014 and raised its 1st funding round 4 years after it was founded.
Where is Thentia located?
Thentia is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Who is the current CEO of Thentia?
Brian Utley is the current CEO of Thentia.
Is Thentia a funded company?
Thentia is a funded company, having raised a total of $56.14M across 6 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $11.91M, raised on Oct 01, 2018.
What does Thentia do?
Thentia was founded in 2014 in Toronto, Canada, and operates in the software sector focused on license management. Processes for agency license registration and renewal are centralized, digitized, and automated through the platform. Personal and professional profiles are managed by licensees and companies, with features for document handling, continuing education tracking, license applications, renewals, payments, and payment history access.
Who are the top competitors of Thentia?
Thentia's top competitors include Clariti, ViewPoint Cloud and Motor Vehicle Software Corporation.
Who are Thentia's investors?
Thentia has 6 investors. Key investors include BDC, First Ascent Ventures, BDC, Espresso Capital, and Spring Mountain Capital.
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