- Templafy — a Copenhagen, Denmark-based enterprise document creation and automation company — announced it closed $25 million in Series C funding led by Insight Partners
Templafy — a Copenhagen, Denmark-based enterprise document creation and automation company — announced it closed $25 million in Series C funding led by Insight Partners to accelerate its international growth. Dawn Capital, Seed Capital, and Damgaard Company also joined the round. Including this round of funding, Templafy has raised a total of nearly $70 million.
Over the past year, Templafy more than doubled its revenue and has now sold over 2 million Templafy licenses worldwide.
And as part of its international growth strategy, Templafy recently expanded its footprint in New York City as it moved into the One World Trade Center. And the company also made its first US-based C-suite hire with the appointment of Greg Sheppard (formerly of TravelClick) to the role of chief revenue officer in order to oversee Templafy’s rapid expansion in the North American market.
Key Quotes:
“Now more than ever, we see the need of global enterprises to support their distributed workforce with solutions that ensure productivity and compliance when documents are created. We set out to establish a new market category and create a high return on investment for companies streamlining their document creation workflow through our platform.”
“With our recent investment, we can accelerate our global expansion and continue our M&A activities to further strengthen our position at the center of the document ecosystem.”
-Templafy CEO Jesper Theill Eriksen
“Templafy’s software represents a unique nexus of both end-user productivity and document compliance. This is what allows its customers to see real efficiency gains across an entire employee base. Templafy’s impressive growth is driven by its easy-to-use SaaS platform, which addresses a vast market need. We look forward to supporting Templafy as they continue scaling.”
-Jonathan Rosenbaum, vice president at Insight Partners and Templafy board member
“I’m thrilled to be joining Templafy as we prepare to drive the next phase of growth in North America, and I look forward to working with the entire team to help our business and customers succeed.”
-Greg Sheppard
