Nordics Is Now Definic and We Closed a $2.9M Seed Round
We have renamed from Nordics to Definic and closed a $2.9M seed round, marking our next phase of expansion from a regional IT marketplace into a global Vendor Intelligence platform.
Definic is a Vendor Intelligence platform that gives procurement teams full visibility into vendor fit, project requirements, and live market pricing. By using Definic, enterprises achieve faster tender cycles and up to 20% savings on external IT services.
The round was led by J&T Ventures, with participation from Seed Starter ČS (Česká spořitelna) and Slovak Investment Holding (SIH). The funding will be used to accelerate expansion across 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," says Jan Sova, J&T Ventures.
How Definic fixes IT Procurement
Enterprises face major challenges when selecting IT vendors, with the wrong vendor costing 3 to 5 times more than the original contract value. In many cases, procurement teams are flying blind as vendor decisions are often made based on reputation, hourly rates, and past relationships.
Definic fixes IT procurement by assessing vendors through thousands of data points, including delivery track records, case studies, and live market pricing. Our enterprise clients have reduced tender cycles from months to weeks and cut IT vendor spend by up to 20%.
AI is raising the ceiling on what vendors can deliver, and enterprises are finding it harder than ever to verify real expertise. For us, this shift is only accelerating demand for our Vendor Intelligence solution. Building towards this moment took time and the right partners.
"I first met Martin Kešner from J&T Ventures at Vodafone Nápad Roku back in 2023. At that time, we were still early and not yet ready for venture funding, but we stayed in touch and focused on execution. Having J&T Ventures lead this round now is a strong reflection of the trust built over time and the progress the whole team has made. Together with Seed Starter ČS and Slovak Investment Holding, this investment gives us the platform to accelerate product development and take Definic global," says Robert Dečman, Co-founder of Definic and CEO North America.
How Definic helped a leading European banking group reduce procurement timelines and save $1.3M
One of Central Europe's leading banking groups turned to Definic as part of a push to sharpen IT procurement decisions. Using our platform, their procurement team identified 90+ relevant vendors based on project requirements, significantly expanding their sourcing options. This increased visibility translated into tender cycles dropping from 6 weeks to just 2 weeks, and $1.3M in cost savings on $6.2M of IT vendor spend in the first 5 months of 2026.
"Vendor selection today is largely a social process built on relationships, referrals, and reputation. That worked when projects were slower, and the stakes were lower. It doesn't work anymore," adds Lukáš Řezanina, CEO of Definic. "Definic is the name that reflects what we are building: a definitive layer of intelligence between enterprises and the vendors they trust with their most critical projects."
"The IT procurement market is large, complex, and undergoing rapid transformation. Definic helps organizations make better-informed technology decisions through greater transparency and data-driven insights. We see strong potential not only for the company's continued growth, but also for the practical application of its solution across our financial group, where efficient adoption of new technologies is increasingly important," says Tomáš Milota, CEO of Seed Starter.
The Best Is Yet to Come
Both the rename and the seed round mark a monumental moment in our journey. The results we have achieved for our clients have further strengthened our conviction that Definic will become the default solution for enterprise IT procurement.
We now have the investment, the partners, and the proof points to take our platform global.
The best is yet to come.