Total amount raised
$121.4 Millions
Latest funding date
06/01/2021
Location
Templafy has successfully raised $200 million over multiple funding rounds, with its latest being a Series D. The platform specializes in automating business document creation, serving millions of users across more than 800 enterprise customers globally.
Investors backing Templafy include Insight Partners, Seed Capital, Dawn Capital, Damgaard Company, Golub Capital, and Blue Cloud Ventures. Keep reading to explore the intricacies of Templafy's fundraising journey and the investors supporting this innovative platform.
What Is Templafy?
Templafy, founded on January 1, 2014, in Copenhagen, Denmark, is an AI-powered document generation platform. The company specializes in automating business document creation, ensuring that professionals can produce accurate, compliant, and on-brand documents efficiently.
The platform was established by Christian Lund, Henrik Printzlau, Jakob Bjersing, Jan Mechtel, Jeppe Schytte-Hansen, and Morten Hald Mortensen. Templafy integrates with tools like Microsoft Office, Google Workspace, and Salesforce to streamline document workflows and eliminate the hassle and risk associated with important documents.
With a workforce of 251-500 employees, Templafy serves millions of users worldwide, helping them save significant time on repetitive tasks and enhancing their document creation processes.
How Much Funding Has Templafy Raised?
- Venture Round
- Amount Raised: $2.5M
- Date: June 2014
- Lead Investors: PSV, Seed Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support the initial development and launch of Templafy's document generation platform.
- Venture Round
- Amount Raised: €1.5M
- Date: November 2015
- Lead Investors: Preben Damgaard
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand the platform's capabilities and increase market reach.
- Venture Round
- Amount Raised: Not publicly disclosed
- Date: May 2017
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To further scale the business and enhance product features.
- Series B
- Amount Raised: €14M
- Date: February 2018
- Lead Investors: Insight Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To accelerate growth and expand into new markets.
- Series B
- Amount Raised: $15M
- Date: November 2018
- Lead Investors: Insight Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To continue scaling the platform and enhance its AI capabilities.
- Series C
- Amount Raised: $25M
- Date: April 2020
- Lead Investors: Insight Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support growth and expansion, including hiring new executives and increasing the team size.
- Series D
- Amount Raised: $60M
- Date: June 2021
- Lead Investors: Blue Cloud Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To address the "disconnected content problem" and support Templafy's efforts in pioneering the content enablement category.
Total Amount Raised: $200M. Current Valuation: Not publicly disclosed.
Key Investors
- Blue Cloud Ventures
- Details: Blue Cloud Ventures is a venture capital firm that led Templafy's $60 million Series D funding round. The firm focuses on providing growth capital to high-potential technology companies.
- Investment Focus Areas: High-growth technology companies, enterprise software, SaaS.
- Notable Investments: Not publicly disclosed.
- Insight Partners
- Details: Insight Partners is a global private equity and venture capital firm that has been a consistent backer of Templafy. The firm specializes in investing in high-growth technology and software companies.
- Investment Focus Areas: High-growth technology, software, SaaS.
- Notable Investments: Not publicly disclosed.
- Seed Capital
- Details: Seed Capital is a venture capital firm that typically invests in early-stage technology startups. The firm has been an early supporter of Templafy.
- Investment Focus Areas: Early-stage technology startups, SaaS, enterprise software.
- Notable Investments: Not publicly disclosed.
- Dawn Capital
- Details: Dawn Capital is a venture capital firm that focuses on enterprise software and fintech. The firm has participated in multiple funding rounds for Templafy.
- Investment Focus Areas: Enterprise software, fintech, SaaS.
- Notable Investments: Not publicly disclosed.
- Damgaard Company
- Details: Damgaard Company is an investment firm that has been involved in various stages of Templafy's funding. The firm is known for its strategic investments in technology companies.
- Investment Focus Areas: Technology, software, SaaS.
- Notable Investments: Not publicly disclosed.
What's Next for Templafy?
Templafy stands at the cusp of significant growth opportunities, driven by the increasing demand for integrated and intuitive tech solutions in hybrid workplaces. The company's focus on solving the "disconnected content problem" positions it well to capitalize on the rising importance of content enablement in enterprise tech stacks. With a 121% increase in net customers and a 68% growth in team size, the potential for further expansion is substantial.
Future fundraising opportunities appear promising as Templafy continues to innovate and expand its market reach. The recent $60 million Series D round, led by Blue Cloud Ventures, underscores investor confidence in the company's vision and scalability. As Templafy addresses critical needs in enterprise content management, it is likely to attract additional investment to support its growth and development.
However, Templafy may face challenges such as competition from other SaaS providers and the need to ensure seamless integration across various applications. Maintaining rapid growth while ensuring high-quality service and customer satisfaction will be crucial. Despite these challenges, Templafy's strategic focus and robust financial backing position it well for continued success in the evolving enterprise software landscape.
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