Templafy, a Denmark-born B2B SaaS platform that does business document creation, has raised a $60 million D round of funding led by Blue Cloud Ventures. All previous investors also participated, including Insight Partners, Seed Capital, Dawn Capital, and Damgaard Company. Templafy has now raised a total of $125 million.
Founded out of Denmark in 2014, Templafy helps businesses tightly control their corporate templates, documents, fonts, email signatures, and more, ensuring that employees across departments can easily access them wherever they are. This is perhaps more important at a time when workers have been forced to embrace remote work, meaning that they may be more inclined to use an old document template they have stored on their laptop, for example.
To some extent, Templafy competes with PandaDoc. However, founder Christian Lund, said: “The platform that we’ve built is very enterprise-focused, so it is agnostic to use case. It’s really about helping employees produce pretty much any type of business document or content that they need to have, allow them to start from any application where they work. It might be Office or Google but it could also be Salesforce or teams or slack. Others are very vertically focused against particular use cases for example around sales. We are horizontally focused and helping out on a series of use cases across large enterprises.”
Mir Arif, Managing Partner at Blue Cloud Ventures said: “Templafy is solving an all-too-common, yet frequently overlooked problem for organizations: disconnected content. While the term may be new, the problem itself is not. When company content isn’t integrated into 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.”
Templafy’s Series C round of $25 million was 14 months ago.