Insight Partners leads $25m series-C round for Templafy

Other investors include Dawn Capital, Seed Capital and Damgaard Company. The latest funding round brings the total funding for the company to almost $70m.

The new funding will be used to strengthen Templafy's M&A activity and scale up its global growth. It previously acquired German company Veodin from early-stage investor High-Tech Gründerfonds in August 2018, and iWriter in May 2019.

Previous funding
The business raised $17.2m in a series-B round in February 2018 from existing investors Insight and Dawn. This was followed in November 2018 by the company raising an additional $15m in a series- B round from Seed Capital, Preben Damgaard, Insight, Dawn, the company's founders and other private investors. According to the company, by this time it had raised $40.2m, having raised $8m prior to the two series-B rounds.

Company
Founded in Copenhagen in 2014, Templafy provides a template-management software-as-a-service that has a million users at 300 businesses across the world. The company employs 500 staff and its revenues have reportedly more than doubled in 2019. 

People
Templafy – Jesper Theill Eriksen (CEO); Greg Sheppard (chief revenue officer).
Insight Partners – Jonathan Rosenbaum (vice-president).

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• Topics
• Expansion
• Nordics
• Technology
• Insight Venture Partners
• Dawn Capital
• SEED Capital
• Denmark