Templafy raises $60M in a Series D funding led by Blue Cloud Ventures
At a Glance
Templafy, a B2B SaaS platform, has raised $60M in its Series D funding round, taking its total funding raised to over $120M. Templafy works to solve disconnected content, a frequently occurring issue that organizations overlook, which has landed its investor attention.
Copenhagen-based Templafy, a B2B business document creation SaaS platform, has raised $60 million in its Series D funding round led by Blue Cloud Ventures. Existing investors – Insight Partners, Seed Capital, Dawn Capital, and Damgaard Company – had participated in the round, reports state.
Templafy’s total funding crosses $120 million with the latest Series D fundraise, as per Crunchbase. It’s Series C fundraise was in April last year, where it netted $25 million from Insight Partners.
Jesper Theill Eriksen, CEO of Templafy, stated that Templafy provides a unique opportunity for enterprises to redefine their management, production, and utilization of business content such as documents, presentations, and emails. Stressing that Templafy believes in the need for an integrated and intuitive tech stack, which can support employees in their efforts to contribute high-value work, Mr. Eriksen added,
Content enablement is emerging as a critical element to these tech stacks, and this recent investment supports our efforts in pioneering this category.Jesper Theill Eriksen, CEO of Templafy
Mir Arif, founder and managing partner of Blue Cloud Ventures, noted that Templafy has been solving a common, frequently overlooked problem in organizations, the issue of disconnected content. He further added that when company content is not integrated into the applications where employees work, organizations experience a disconnect in content flow that can cause damages in compliance and efficiency, leaving a negative impact on businesses.
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 partnerMir Arif, founder and managing partner of Blue Cloud Ventures
Founded in 2014, Templafy helps businesses create content such as documents, presentations, and emails quicker and better. Reports quoting the fundraise reveal that Templafy has grown 121 percent in ARR in Q1 2021 from 2020 and a fourfold growth in its customer base since Q1 2020.