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Denmark’s Templafy raises $60M for its B2B SaaS platform that does enterprise doc creation

Templafy, a Denmark-born B2B SaaS platform that does enterprise doc creation, has raised a $60 million D spherical of funding led by Blue Cloud Ventures. All earlier buyers additionally participated, together with Perception Companions, Seed Capital, Daybreak Capital and Damgaard Firm. Templafy has now raised a complete of $125 million.

To some extent, Templafy competes with PandaDoc. Nonetheless, founder Christian Lund, advised me: “The platform that we’ve constructed could be very enterprise targeted, so it’s agnostic to make use of case. It’s actually about serving to workers produce just about any kind of enterprise doc or content material that they should have, enable them to begin from any software the place they work. It may be Workplace or Google but it surely is also Salesforce or Groups or Slack. Others are very vertically targeted towards specific use instances, for instance round gross sales. We’re horizontally targeted and serving to out on a collection of use instances throughout giant enterprises.”

Mir Arif, managing companion at Blue Cloud Ventures stated: “Templafy is fixing an all-too-common, but often missed downside for organizations: disconnected content material. Whereas the time period could also be new, the issue itself isn’t. When firm content material isn’t built-in to the purposes the place workers work, organizations expertise disconnected content material which may trigger a number of damaging points together with lack of compliance, a drag on effectivity and in the end a damaging impression on enterprise efficiency. The ambition to unravel disconnected content material for all enterprises mixed with a ripe market, an operationally sturdy workforce and a strong, user-friendly platform makes Templafy an exemplary companion.”

Templafy’s Series C round of $25 million was 14 months in the past.

For SaaS startups, differentiation is an iterative course of