Templafy, a global leader in enterprise document creation and automation, announced the close of a $25 million Series C funding round led by global venture capital and private equity firm Insight Partners to accelerate its international growth.
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“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,” said Jesper Theill Eriksen, CEO of Templafy. “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 Insight Partners at the helm, the additional funding involved participation from Dawn Capital, Seed Capital and Damgaard Company, bringing the total external capital raised to almost $70 million.
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“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,” said Jonathan Rosenbaum, vice president at Insight Partners and Templafy board member. “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.”
In the past year alone, Templafy more than doubled its revenue and has now sold over 2 million Templafy licenses worldwide, validating the broad market need for its platform.
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