Slovakia’s Nordics rebrands as Definic, raises €2.5 million to scale its vendor intelligence platform

Košice-based Nordics today announced that it has rebranded to Definic and closed a €2.5 million Seed round as it expands from a regional IT marketplace into a global vendor intelligence platform.

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.

“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. 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,”  Lukáš Řezanina, CEO of Definic. 

Founded in 2020, Definic is a vendor intelligence platform helping enterprises improve IT vendor selection through delivery track records, case studies, and live market pricing. 

The company states that enterprises encounter significant challenges in choosing IT vendors, and selecting the wrong one can cost 3 to 5 times the original contract amount. In many situations, procurement teams lack clear insight, as vendor decisions are often made based on reputation, hourly rates, and past relationships.

Definic claims to fix IT procurement by assessing vendors through thousands of data points, including delivery track records, case studies, and live market pricing. It highlights that enterprise clients using Definic have shortened tender cycles from months to weeks and decreased IT vendor expenses by as much as 20%.

“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 of North America.

The company noted that a major banking group in Central Europe engaged Definic to improve its IT procurement decisions. Using Definic, the group’s procurement team identified 90+ relevant vendors aligned with project requirements, significantly expanding its sourcing options.

Definic reported that this improved visibility reduced tender cycles from 6 weeks to 2 weeks, resulting in €1.2 million in cost savings on €5.4 million spent on IT vendors during the first five months of 2026.

“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,” said Jan Sova, J&T Ventures.

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