In today’s era of hybrid and remote work, employees working from home may have never even met some of their coworkers in person. Even still, they’re all expected to perform the same tasks at the same level of efficiency, but this can be tricky if people don’t have access to all the information they need to do their job. This is something Templafy is aiming to solve with its content enablement platform.
The company announced Wednesday that it raised $60 million in a funding round led by Blue Cloud Ventures. To date, Templafy has raised $125 million in capital from investors including Insight Partners, Seed Capital, Dawn Capital and Damgaard Company.
Templafy provides organizations with software that integrates into popular office applications like Microsoft and Salesforce, allows company members to store things like documents, presentations and emails across their tech stack. This way, each employee is granted secure and easy access to the content they need to complete whatever project they may be working on.
“We believe the hybrid workplace needs a tech stack that’s more integrated and intuitive; one that supports employees in their efforts to contribute high-value work, whether they’re in office or remote. Content enablement is emerging as a critical element to these tech stacks, and this recent investment supports our efforts in pioneering this category,” Jesper Theill Eriksen, Templafy’s CEO, said in a statement.
Alongside aiming to help companies create on-brand and high-performing business content, Templafy serves to address the problem of disorganized content across enterprises. This can lead to further issues like loss of compliance, a drag on efficiency and overall negative impact on business performance, according to the company.
Having seen significant growth recently, the company is hoping to continue its momentum. Templafy saw a 121 percent year-over-year increase in net new ARR additions in Q1, following its previous capital raise last year, a $25 million Series C. It also now serves more than 600 customers, as reported by Crunchbase News.
With this new funding, Templafy is planning on furthering its mission. “This investment will allow us to further build awareness about both our brand and the content enablement category,” a company spokesperson told Built In via email.
It’s also investing in its team. With its current global workforce of about 400 people, the company has seen 68 percent growth in its headcount since April of last year. Currently available roles include pre-sales engineers, implementation managers, sales enablement managers, sales development representatives and more.
“Our team is the lynchpin to company success and as such we’re always looking to invest in innovative thinkers and team players,” the spokesperson said.