Denmark-based document creation and automation startup Templafy ApS announced today that it has raised $25 million in a new round of funding that brings its total amount raised to almost $70 million.

Private equity firm Insight Ventures led the Series C round, with participation from Dawn Capital, Seed Capital and Damgaard Co.

Templafy offers a rather unique document creation and automation platform for large and medium-sized enterprises. Its software makes it simple for employees to create on-brand, legally compliant and personalized business documents, regardless of their location or the office platform and device they are using.

It’s a useful capability for larger organizations whose employees can create hundreds of documents each day, giving them a way to maintain control of company branding and legal compliance issues. Templafy’s platform brings custom company templates, brand assets and best practice content together inside any office application, streamlining how users create branded, compliant documents, presentations and emails.

With Templafy, businesses can safeguard their brand integrity and increase productivity through a centrally governed, secure document creation platform. That capability may prove all the more useful in light of the COVID-19 pandemic, which has forced many employees to work from home.

“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,” Jesper Theill Eriksen, Templafy’s chief executive officer, said in a statement. “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.”

Constellation Research Inc. analyst Holger Mueller told SiliconANGLE that companies need to move faster and become more agile in today’s digital economy, where documents themselves are digital. So it makes sense, he said, that the faster employees can create new, consistent and approved documents, the faster an enterprise can move.

“Templafy is a great option to achieve exactly this,” Mueller said. “CxOs should pay attention to solutions that not only help their enterprise accelerate, but also change the future of work for those who use digital documents,” Mueller said.

Templafy said it has doubled its revenue in the past year, though it didn’t reveal absolute revenue, and has sold more than 2 million licenses. That success has helped fuel its expansion, with Templafy recently opening its first overseas office in New York City.

“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,” Theill Eriksen said.

Photo: Templafy