Country for PR: United States
Contributor: PR Newswire New York
Monday, April 27 2020 - 20:00
AsiaNet
Templafy Raises $25M to Continue Scaling Globally
COPENHAGEN, Denmark and LONDON and NEW YORK, Apr. 27, 2020 /PRNewswire-AsiaNet/ --

-- Funding follows expanded global footprint and positions Templafy for 
continued growth, future acquisitions and new product launches

Templafy ( 
https://c212.net/c/link/?t=0&l=en&o=2785250-1&h=1632134858&u=https%3A%2F%2Ftemplafy.com%2F&a=Templafy 
), a global leader in enterprise document creation and automation, today 
announced the close of a $25 million Series C funding round led by global 
venture capital and private equity firm Insight Partners ( 
https://c212.net/c/link/?t=0&l=en&o=2785250-1&h=1853351822&u=https%3A%2F%2Fwww.insightpartners.com%2F&a=Insight+Partners 
) to accelerate its international growth. 

Logo - 
https://mma.prnewswire.com/media/730604/templafy_with_text_512px_blue_Logo.jpg 

"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. 

"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. 

"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," said Theill Eriksen.

As part of its international growth strategy, Templafy recently expanded its 
footprint in New York City, moving into the One World Trade Center, and also 
made its first U.S.-based C-suite hire with the appointment of Greg Sheppard, 
formerly of TravelClick, to the role of chief revenue officer (CRO) to oversee 
Templafy's rapid expansion in the North American market. 


"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," said Sheppard.

About Templafy
Templafy helps many of the largest companies in the world drive workforce 
alignment, reduce their liability and increase their productivity through the 
market leading document creation and document automation platform.

Founded in Copenhagen, Denmark in 2014, Templafy's team leveraged more than 15 
years of experience in template management and document automation to develop 
an enterprise cloud service solution, which is now a global market leader 
within its category, validated by blue-chip enterprise customers on every 
continent.

For more information on Templafy's product and company, visit www.templafy.com, 
or follow us on LinkedIn: /www.linkedin.com/company/templafy/ or Twitter: 
@templafy ( 
https://twitter.com/Aprimo?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor 
)

About Insight Partners
Insight Partners is a leading global venture capital and private equity firm 
investing in high-growth technology and software ScaleUp companies that are 
driving transformative change in their industries. Founded in 1995, Insight 
Partners has invested in more than 400 companies worldwide and has raised 
through a series of funds more than $30 billion in capital commitments. 
Insight's mission is to find, fund, and work successfully with visionary 
executives, providing them with practical, hands-on software expertise to 
foster long-term success. Across its people and its portfolio, Insight 
encourages a culture around a belief that ScaleUp companies and growth create 
opportunity for all. For more information on Insight and all its investments, 
visit: www.insightpartners.com or follow us on Twitter @insightpartners.

Contact: 
Lucas Strombeck 
lucas.strombeck@walkersands.com 
+1-312-561-2485

SOURCE: Templafy