Definic Raises $2.7M to Fix IT Vendor Selection

Jan de Vries · 2026-06-12

A Slovakian startup formerly known as Nordics just pulled off a big rebrand and raised $2.7 million to help enterprises stop guessing when they pick IT vendors. The company, now called Definic, is moving from a regional IT marketplace to a global vendor intelligence platform, and it's already saving big companies millions. ### The Rebrand and the Raise Definic (formerly Nordics) announced it closed a $2.7 million Seed round. The funding was led by J&T Ventures, with participation from Seed Starter CS (Ceska sporitelna) and Slovak Investment Holding (SIH). The cash will fuel expansion into the DACH region, the UK, and the United States. "Vendor selection today is largely a social process built on relationships, referrals, and reputation," said Lukas Rezanina, CEO of Definic. "That worked when projects were slower, and the stakes were lower. It doesn't work anymore." Rezanina explained the new name reflects what the company is building: a definitive layer of intelligence between enterprises and the vendors they trust with their most critical projects. ### The Problem with IT Procurement Founded in 2020, Definic helps enterprises improve IT vendor selection using delivery track records, case studies, and live market pricing. The company says picking the wrong vendor can cost three to five times the original contract amount. In many cases, procurement teams lack clear insight because decisions are based on reputation, hourly rates, and past relationships. Definic fixes this by assessing vendors through thousands of data points. Enterprise clients using the platform have shortened tender cycles from months to weeks and cut IT vendor expenses by as much as 20 percent. ### Real Results from a Major Bank A major banking group in Central Europe used Definic to improve its IT procurement. The procurement team identified more than 90 relevant vendors aligned with project requirements, significantly expanding its sourcing options. This improved visibility reduced tender cycles from six weeks to two weeks, resulting in $1.3 million in cost savings on $5.8 million spent on IT vendors during the first five months of 2026. "I first met Martin Kesner from J&T Ventures at Vodafone Napad Roku back in 2023," said Robert Decman, co-founder of Definic and CEO of North America. "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." ### Why Investors Are Betting on Definic Jan Sova from J&T Ventures emphasized the company's unique technology. "Definic's proprietary Vendor Intelligence technology creates a clear and defensible moat in a market long overdue for disruption," he said. "Having followed Robert, Lukas, and Michal for several years, we have seen firsthand the execution discipline and relentless commitment that distinguish exceptional founders." ### Key Takeaways for IT Leaders - **Faster decisions**: Tender cycles drop from weeks to days with better data. - **Lower costs**: Enterprises save up to 20 percent on IT vendor expenses. - **Better outcomes**: Data-driven selection reduces the risk of costly mistakes. Definic is now targeting the U.S. market, where enterprise IT spending continues to grow. If the platform delivers similar results for American companies, it could become a go-to tool for procurement teams everywhere.