Templafy, the Copenhagen based startup providing a SaaS platform that delivers brand governance and productivity across enterprise business communications, announced it raised a €14 million ($17 million) round in its Series B. The funding will be used to accelerate Templafy’s ambitious growth plan, which includes scaling operations, expanding product and integrations offerings, and helping even more enterprises worldwide solve what Templafy calls ‘Document Anarchy’.
“Our product has proven valuable and integral to the enterprise software ecosystem and is well established internationally.” said Jesper Theill Eriksen, CEO at Templafy.
The investment round was led by New York-based venture capital firm Insight Venture Partners, who together with London-based Dawn Capital joins the cap-table. The existing investors SEED Capital, Preben Damgaard and other private investors where also part of the round.
Former Atomico partner Teddie Wardi, who now is at Insight Venture Partners, together with his colleague Jonathan Rosenbaum will join Templafy’s Board of Directors. Insight and Dawn have been welcomed by existing Templafy investors.
“As the first investor, we are delighted to see how Templafy has evolved. With their deep domain knowledge and the right team in place Templafy is now unleashing its full potential. Templafy has been validated further by winning global enterprise customers as well as attracting Insight Venture Partners and Dawn as new investors. Insight and Dawn know this space and will pave the way for accelerating their presence in the US and UK markets.” Says Lars Andersen from SEED Capital.
“We’re looking forward to partnering with the Templafy team to create further opportunity, capture more value, and ultimately scale the firm’s success to the next level.” said Jeff Horing at Insight Venture Partners.
Templafy currently works multiple big international services and law firms, as well as multinational brands who all have a large scope of documents and business documents.
”Our customers understand the importance of brand consistency, smart document creation and futureproof systems, which is why they choose Templafy. Our partnership with Insight Venture Partners and Dawn will provide significant expertise for scaling and positioning Templafy and will allow to us continue to improve our product features and integrations for our current and future customers.” said Jesper Theill Eriksen
Templafy is a niche product, but one that a lot of large corporates have problems with. Bringing together custom company templates, brand assets and content inside office application, they streamline how employees create on-brand and compliant documents, as well as presentations and emails.
“Global enterprises can now ensure local employees are using the appropriate templated contracts, disclosures, and localized content consistent with relevant rules but bound by global corporate brand guidelines. We are excited to partner with Templafy, helping the business to further fuel its international expansion.” said Joyce Liu, Principal at Dawn Capital.
Founded in Copenhagen in 2014, Templafy’s team and product has now grown to become a global market leader within its category, validated by blue chip enterprise customers on every continent.