Copenhagen’s B2B business document creation SaaS Templafy has raised $60 million in a Series D funding round led by Blue Cloud Ventures. The round also saw participation from all previous investors including Insight Partners, Seed Capital, Dawn Capital, and Damgaard Company. In addition to the capital raise, Templafy reports key hires of Cynthia Stephens as Chief Financial Officer, Robin Stimac as Chief Product Officer. To date, Templafy has raised $125 million.
“As the future of work unfolds, Templafy has a unique opportunity to redefine how enterprise organizations manage, produce and utilize business content like documents, presentations and emails,” comments CEO Jesper Theill Eriksen. “We believe the hybrid workplace needs a tech stack that’s more integrated and intuitive; one that supports employees in their efforts to contribute high-value work, whether they’re in office or remote. Content enablement is emerging as a critical element to these tech stacks, and this recent investment supports our efforts in pioneering this category.”
The $60 million arrives just 14 months after Templafy’s Series C round, and the company has seen a 121% increase in net new ARR in Q1 2021 year-over-year from 2020, and a 4x growth in its customer base since Q1 2020.
“Templafy is solving an all-too-common, yet frequently overlooked problem for organizations: disconnected content,” comments Blue Cloud Ventures’ Mir Arif. “While the term may be new, the problem itself is not. When company content isn’t integrated to the applications where employees work, organizations experience disconnected content which can cause several damaging issues including loss of compliance, a drag on efficiency and ultimately a negative impact on business performance. The ambition to solve disconnected content for all enterprises combined with a ripe market, an operationally strong team and a powerful, user-friendly platform makes Templafy an exemplary partner.”