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- Templafy
Templafy Funding, Investors & Competitors
Templafy has raised $121M across 6 funding rounds, most recently a $60M Series D in June 2021.
Last Templafy funding round
$60M
Series D · Jun 2021
Cumulative funding Templafy raised
$121M
across 6 funding rounds
Key investors in Templafy
Seed Capital
Insight Partners
Dawn Capital
Damgaard Company
Heartcore Capital
PSV
Blue Cloud Ventures
Jesper Theill Eriksen
About Templafy
Templafy is a Copenhagen-headquartered document automation platform that streamlines creation of branded business documents across enterprises. The software provides access to compliant templates within Microsoft Word, PowerPoint, and Salesforce for proposals, contracts, and reports. Templafy connects to DAM systems and CRM platforms to assemble personalized sales collateral dynamically. Clients such as KPMG, IKEA, and BDO use it for governance and brand consistency in global operations. Founded in 2014, the company serves organizations in Europe and North America with integrations for HR and legal workflows.
Founded
2014
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Templafy Funding History
Templafy has raised a total of $121M across 6 funding rounds.
Templafy's first fundraising round was a $3M seed round in June 2014. The most recent completed round was a $60M Series D in June 2021.
Templafy funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Jun 2021 | Series D | Blue Cloud Ventures (lead); Seed Capital; Insight Partners; Dawn Capital; Damgaard Company | $60M | Templafy is a content enablement platform founded in Denmark in 2014 that provides a SaaS solution for brand governance and productivity across enterprise business communications, including documents, presentations, and emails. The company operates globally with offices in New York, London, Copenhagen, and Sydney, supporting over 2.8 million users and more than 600 enterprise customers such as KPMG, IKEA, and BDO. On June 16, 2021, Templafy raised $60 million in a funding round led by Blue Cloud Ventures, with participation from existing investors including Insight Partners, Seed Capital, Dawn Capital, and Damgaard Company. This brought the company's total funding to $125 million and followed 14 months after its Series C round. The investment supports Templafy's mission to accelerate business results through content enablement embedded in employee workflows. Around the time of the round, Templafy reported strong traction with a 121% increase in net new ARR additions in Q1 2021 compared to Q1 2020 and a quadrupling of its customer base since Q1 2020. The company also grew its team by 68% since April 2020, with key hires including Cynthia Stephens as CFO and Robin Stimac as Chief Product Officer. |
| Apr 2020 | Series C | Insight Partners (lead); Seed Capital; Dawn Capital; Damgaard Company | $25M | Templafy, a Copenhagen-based SaaS company founded in 2014, develops an enterprise cloud platform for template management, document creation, and automation, integrating with corporate infrastructure to provide compliant content assets for global enterprises. The platform serves large organizations by streamlining document workflows, ensuring productivity and compliance, and has been used to acquire companies like SlideProof, Veodin, and iWRITER in prior years. On April 27, 2020, Templafy closed a $25 million Series C funding round led by Insight Partners, with participation from Dawn Capital, Seed Capital, and Damgaard Company, bringing total external capital raised to nearly $70 million. The round supports M&A activity, product roadmap advancement, and doubling staff from 200 to 400 employees, amid increased demand from remote work during the COVID-19 pandemic. Post-round developments included a $60 million extension in 2021 led by Blue Cloud Ventures with prior investors, reaching $125 million total funding, alongside 121% net new ARR growth in Q1 2021 versus Q1 2020 and quadrupling the customer base since Q1 2020, with team growth of 68% since April 2020. |
| Nov 2018 | Series B | Insight Partners (lead); Heartcore Capital; Seed Capital; Dawn Capital | $15M | Templafy, a Copenhagen-based SaaS company founded in 2014, provides a platform for brand governance and productivity in enterprise business communications, enabling on-brand and compliant document, presentation, and email creation. It serves Big Four professional services firms, Magic Circle law firms, and multinational brands, integrating with enterprise infrastructure to manage corporate content assets and templates. In November 2018, Templafy raised $15 million in a Series B extension round led by Insight Partners, with participation from Dawn Capital, SEED Capital, and others including Preben Damgaard; some sources report the amount as $17.2 million. This followed an earlier Series B of €14 million in February 2018, bringing total funding prior to this to over $40 million by 2020. The capital supported scaling operations, product expansion, integrations, and international growth including offices in Denmark, Spain, Hong Kong, Singapore, Australia, New Zealand, and later NYC. At the time, Templafy had 200 customers and 45 employees. The company continued raising capital, reaching a Series C of $25 million in 2020 led by Insight Partners and a total of around $200 million across rounds. |
| Feb 2018 | Series B | Insight Partners (lead); Seed Capital; Dawn Capital; Damgaard Company | $17M | Templafy is a Copenhagen, Denmark-based SaaS platform that provides brand governance and productivity solutions for enterprise business communications. The company simplifies document creation and management by centralizing business templates and ensuring compliance and brand consistency across documents, presentations, and emails created by employees. In February 2018, Templafy announced a Series B funding round of $17.2 million led by New York-based Insight Venture Partners, with participation from existing investors SEED Capital, Preben Damgaard, and other private investors. The company used the proceeds to accelerate growth, scale operations, and expand its product and integrations offering. At the time of the Series B round, Templafy had grown to serve major enterprise customers including Big Four professional services firms and Magic Circle law firms. The company had approximately 200 customers and 45 employees with offices across Denmark, Spain, Hong Kong, Singapore, Australia, and New Zealand. Prior to this round, the company had raised more than $4 million in earlier-stage capital since its founding in 2014. |
| Nov 2015 | Seed | Damgaard Company (lead); Heartcore Capital; Jesper Theill Eriksen; Seed Capital | $2M | - |
| Jun 2014 | Seed | PSV (lead); Seed Capital (lead); Heartcore Capital | $3M | Templafy raised $2.5 million in a venture round in June 2014 led by PSV and Seed Capital to support the initial development and launch of its document generation platform. The company, founded in 2014 in Copenhagen, Denmark, develops a SaaS platform for template management and document automation integrated with enterprise tools like Microsoft Office and Salesforce. This early funding marked the beginning of Templafy's growth, with Seed Capital as an ongoing supporter focused on early-stage tech startups in SaaS and enterprise software. Subsequent rounds included €1.5 million in November 2015 from Preben Damgaard, a Series B of €14 million ($17.2 million initially, extended by $15 million) in 2018 led by Insight Partners, $25 million Series C in 2020, and $60 million Series D in 2021 led by Blue Cloud Ventures with participation from Insight Partners, Seed Capital, Dawn Capital, and Damgaard Company. Total funding raised exceeded $121 million by 2021, used for product expansion, M&A such as SlideProof, Veodin, and iWRITER, market growth including offices in London and New York, and scaling staff to 400 employees. |
Who has invested in Templafy?
8 investors have backed Templafy across its funding rounds, including Seed Capital, Insight Partners, Dawn Capital, Damgaard Company, Heartcore Capital and PSV.
Lead investors include Blue Cloud Ventures, Insight Partners, Damgaard Company, PSV and Seed Capital.
Templafy Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 6 | Lead | Jun 2014 | ||
| 4 | Lead | Feb 2018 | ||
| 4 | Participant | Feb 2018 | ||
| 4 | Lead | Nov 2015 | ||
| 3 | Participant | Jun 2014 | ||
| 1 | Participant | Nov 2015 | ||
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Start Free TrialAcquisitions by Templafy
Templafy has acquired 3 companies to date.
Last acquisition by Templafy was on May 18th 2020. Templafy acquired Napp for undisclosed valuation.
Latest Acquisitions by Templafy
| Description | Napp operates a sales enablement platform integrating sales materials, product catalogs, pricing, and stock checks into a mobile app for reps. Copenhagen-based since 2016, it enables direct ordering during client meetings, segmenting content for marketing efficiency. The tool reduces admin time for teams at manufacturing and distribution firms across Denmark and Scandinavia. | iWRITER is a document management software provider supplying tools for corporate identity compliance and automated creation to over 150,000 users throughout Europe. The Netherlands-headquartered company develops solutions for template-based reporting, legal document assembly, and workflow integration used by enterprises in finance and manufacturing. | Veodin Software GmbH is a Berlin-based developer of productivity tools focused on keyboard shortcuts for Windows and Microsoft Office applications. Its core product, KeyRocket, monitors user interactions in Excel, Word, PowerPoint, and Windows Explorer to display contextual pop-up notifications suggesting over 1,700 predefined shortcuts. Compatible with Windows 7 through 10, the app learns individual habits to prioritize relevant tips, reducing mouse dependency and boosting workflow efficiency. Veodin plans expansions to macOS, targeting knowledge workers in finance and administration sectors across Europe. |
| HQ Country | |||
| HQ City | Copenhagen | Eindhoven | Berlin |
| Deal Date | 18 May 2020 | 7 May 2019 | 15 Aug 2018 |
| Valuation | undisclosed | undisclosed | undisclosed |
| EV/Revenue | |||
| EV/EBITDA | |||
This data is available for Pro users. Sign up to see all Templafy acquisitions and their M&A valuation multiples. Start Free Trial | |||
Templafy Competitors
Templafy competitors include listed companies like Wix.com and AudioEye, and private ones like Automattic, fabric, Swiftly and Rokt.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $45M | - | $7.5B | - | ||
| Publicly listed | $2B | ($13M) | $3.3B | 2.0x | ||
| Private | - | - | $1.5B | - | ||
| Publicly listed | $40M | $2M | $94M | 2.4x | ||
| Private | - | - | $1B | - | ||
| Private | $600M | - | $3.5B | 5.8x |
Templafy Public Comps
Templafy is still privately-owned, but its public comps include Shopify, Adobe, Constellation Software, SS&C Technologies, Docusign, GoDaddy, Open Text, Topicus, Wix.com and Intapp.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $12B | $1.2B | 13.9x | 11.3x | 132.9x | 61.9x | |||
| $24B | $9.3B | 4.3x | 3.9x | 10.9x | 8.2x | |||
| $12B | $2.5B | 4.0x | 3.5x | 18.5x | 12.9x | |||
| $6.3B | $2.1B | 4.2x | 3.9x | 12.4x | 10.0x | |||
| $3.2B | $415M | 3.9x | 3.7x | 30.4x | 10.6x | |||
| $5B | $1.3B | 3.1x | 2.9x | 11.7x | 8.9x | |||
| $5.2B | $1.8B | 2.1x | 2.1x | 6.1x | 5.8x | |||
| $1.8B | $393M | 3.4x | 3.0x | 15.3x | 10.6x | |||
This data is available for Pro users. Sign up to see all Templafy competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Templafy
| When was Templafy founded? | Templafy was founded in 2014. |
| Where is Templafy headquartered? | Templafy is headquartered in Copenhagen, Denmark. |
| Is Templafy publicly listed? | No, Templafy is a private, VC-backed company. |
| How much funding has Templafy raised? | Templafy has raised $121M across 6 funding rounds. |
| What was Templafy's last funding round? | Templafy's last funding round was a $60M Series D in June 2021, led by Blue Cloud Ventures. |
| Who are Templafy's investors? | Templafy's investors include Seed Capital, Insight Partners, Dawn Capital, Damgaard Company, Heartcore Capital, Jesper Theill Eriksen, PSV and Blue Cloud Ventures. |
| Which companies are comparable to Templafy? | Companies comparable to Templafy include Automattic, Wix.com, fabric, AudioEye, Swiftly and Rokt. |
| How many companies has Templafy acquired? | Templafy has acquired 3 companies, including Napp, iWRITER and Veodin. |
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