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Athennian: Raises $33M in Series B Funding

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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

Athennian Raises $33M in Series B Funding

  • Athennian, a Calgary, Alberta, Canada-based cloud-based business entity management technology company, raised $33M in Series B funding
  • The round was led by Centana Growth Partners with participation from Arthur Ventures, and Touchdown Ventures
  • The company intends to use the funds to continue taking a proactive approach to scaling its business
  • The company provides software that powers legal, tax and finance teams to seamlessly digitize, streamline and manage business entities and company structures
  • Clients can manage and automate workflows for ownership, governance, tax, and corporate compliance
  • Over the last 24 months, the company has grown rapidly with a 500 percent increase in annual recurring revenue
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