Slovak-based firm Definic, formerly Nordics, which develops a Vendor Intelligence platform for IT procurement, has announced its rebrand and closed a €2.5 million seed round led by J&T Ventures, with participation from Seed Starter ČS and Slovak Investment Holding (SIH), as Vestbee was informed.
- Founded in 2020 by Robert Dečman, Lukáš Řezanina, and Michal Mušinka in Košice, Slovakia, Definic builds software for IT procurement teams to structure, evaluate, and manage vendor selection for external IT services.
- The platform converts project requirements into structured RFPs, then matches them with vendors using delivery history, case data, and pricing benchmarks. It also provides comparative market insights on vendor capabilities and rates, and tracks vendor performance and project delivery after contracts are awarded.
- In practice, procurement teams use it to define requirements, identify suitable vendors beyond existing networks, compare them using standardized data, and monitor execution throughout delivery.
Details of the deal
- The aim of the €2.5 million seed round is to scale the platform internationally, accelerate product development, and expand into the DACH region, the UK, and the United States.
“Definic’s proprietary Vendor Intelligence technology creates a clear and defensible moat in a market long overdue for disruption. Having followed Robert, Lukáš and Michal for several years, we have seen firsthand the execution discipline and relentless commitment that distinguish exceptional founders. We are convinced Definic is set to redefine the standard for the industry,” explains Jan Sova, VC Associate at J&T Ventures.
