Paris-based DJUST, a B2B e-commerce SaaS platform, announced on Monday, June 12, that it has raised €12M in a Series A funding round led by New Enterprise Associates, Inc. (NEA), with additional participation from Elaia Partners.
With the latest capital injection, DJUST says it plans to expand into markets across Europe, the UK, and the US. It will also invest more aggressively in developing solutions for its core product.
“The B2B eCommerce journey has been upended over the past decade. Behaviours and expectations on both the buyer and seller end have significantly changed the way B2B companies need to acquire, convert, retain, and expand customers. Yet many B2B companies are left to deal with these shifts on their own, supported only by outdated solutions that don’t fit their current needs,” says Arnaud Rihiant, Founder and CEO, DJUST.
“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 That will happen when companies stop making small adjustments to outdated systems and instead embrace an integrated, modular and powerful platform.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,” says Rihiant.