DJUST Raises €12M to Simplify B2B Commerce
Paris-based B2B commerce platform DJUST raises €12 million in a Series A growth funding round to accelerate market expansion. The funding round was led by New Enterprise Associates, Inc. (NEA), with additional participation from ELAIA Partners.
Founded in 2020, the platform enables professional buyers and sellers to have a frictionless buying experience, achieve greater productivity and accelerate growth. The platform supports all B2B scenarios: online catalogs, B2B eCommerce, eProcurement, and Marketplace connectors.
With the €12M raised, the company plans to expand into markets across Europe, the UK, and the US and invest more in developing solutions for its core product.
“We want to free all businesses of the hassle of building, launching, and running B2B commerce. That will happen when companies stop making small adjustments to outdated systems and instead embrace an integrated, modular and powerful platform. In turn, that future-proofs new growth opportunities and excellent customer service,” said Arnaud Rihiant, Founder and CEO of DJUST.
“DJUST’s simple yet powerful technology is an ideal match for the needs of today’s B2B businesses, whether they’re building their own eCommerce platform, working with suppliers, simplifying their procurement processes, or increasing the effectiveness of their sales operation,” said Philip Chopin, Managing Director, NEA UK. “The company’s rapid growth and ability to quickly demonstrate value for customers across different industries like retail, construction, fashion, and pharmaceuticals give us confidence that they can scale sustainably over the long term.”