Definic

Based in Slovakia, Definic is a vendor intelligence platform that enhances IT procurement processes, helping enterprises to select software vendors effectively and make data-driven decisions. Definic, founded in 2020, operates from Kosice, Slovakia, focusing on vendor intelligence for IT procurement. The company has raised a total of USD 2. 9 mn through 3 deals, with its latest funding round, a Seed round of USD 2.

9 mn led by J&T Ventures, closing on June 12, 2026. The founder has a background in technology and entrepreneurship, which has significantly influenced the company's strategic direction. Definic provides a comprehensive platform designed to enhance vendor intelligence for IT procurement, enabling enterprises to make informed decisions when selecting software vendors. The core offering includes features that transform vague project ideas into structured, actionable RFPs, utilize data-driven analysis to match clients with vendors that have proven experience, and benchmark vendor capabilities against market standards.

This suite of tools addresses common pain points in procurement, such as unclear project requirements and inefficient vendor selection processes, primarily serving enterprises across various sectors in the Nordics and potentially in larger European markets, emphasizing clients who require improved control and visibility in their vendor relationships. Definic operates on a subscription-based revenue model, offering service packages tailored to individual enterprises. Clients pay for access to various features of the platform, including benchmarking tools, performance tracking, and vendor selection assistance. The structure allows organizations to adopt the platform on a trial basis, with a complimentary 30-day period for new users, followed by multiple pricing plans to cater to varying organizational sizes and procurement needs.

In June 2026, Definic raised USD 2. 9 mn in Seed funding led by J&T Ventures, which will be utilized to accelerate expansion into the DACH region, the UK, and the United States. The company is planning to introduce new products designed to further enhance vendor selection and procurement efficiency, although specific release dates have yet to be announced.