Djust Raises €12M in Series A Funding

DJUST

Djust, a Paris, France-based provider of a B2B eCommerce SaaS platform, raised €12M in Series A funding.

The round was led by New Enterprise Associates, with additional participation from Elaia Partners.

The company intends to use the funds to expand into markets across Europe, the UK and the US and invest in developing solutions for its core product.

Founded in 2020 and by Arnaud Rihiant, CEO, Alexis Delplanque (Co-founder and Head of Sales) and Eric Gaudin (Co-founder and Head of Technology), Djust provides a B2B Commerce platform that enables professional buyers and sellers to improve the buying experience, and accelerate growth. The solution, purpose-built for B2B needs, supports all B2B scenarios: online catalogs, B2B eCommerce, eProcurement, and Marketplace connectors. The platform offers customization on the front-end, with drag-and-drop functionalities and data syncing of old and new channels, enabling shifts and adaptations for new markets and buyers.

Over the past year, DJUST has doubled its headcount from 20 to 40+ employees and more than doubled annual recurring revenue through more than 15 new deals with leading distributors and manufacturers across Europe. It empowers industries such as Distributors, Franchising, Wholesalers and Manufacturers.

FinSMEs

12/06/2023