Today, I am excited to share that Templafy, the leading enterprise document creation platform, has secured an additional USD 25 million in Series C funding, bringing the total to almost USD 70 million.
It's a big day for our founders, our shareholders, our partners, and now over 200 colleagues around the world. And it's a big day for our customers who trust Templafy as a core element of their document infrastructure to secure document compliance and employee productivity.
Increased end-user focus
From the outset, Templafy has focused on delivering high value for global enterprises. We're currently helping over two million employees across many of the world's biggest enterprises to build company-compliant and high performing business documents fast. With this new round of funding, we will be investing heavily in end-user productivity, the importance of which cannot be understated when you consider that over 500 billion business documents are created annually.
Even closer to all our customers
We will also use the funding to increase the speed of our current international expansion plans. We'll further expand our New York office, and we plan to open an office in APAC in the fall that will bring us closer to customers across all time-zones.
Finally, we will be actively looking into further M&A activities that can help us deliver even more value to our customers on top of our market-leading document creation platform.
For more details on this funding announcement, find our official press release here.