Introducing Djust, the dynamic French startup poised to revolutionize the world of e-commerce! With a laser focus on business-to-business activities, Djust is set to shake up the industry in an unprecedented way, just like Mirakl.
Fresh off their impressive $13 million (€12 million) funding round, led by the visionary team at NEA and supported by the trailblazers at Elaia Partners, Djust is ready to take the world by storm. This latest investment builds upon the success of their earlier $4 million seed round, spearheaded by none other than Elaia Partners themselves back in 2020.
Djust’s innovative approach to B2B e-commerce is set to disrupt traditional business practices and empower companies with seamless and efficient transactions.
By catering exclusively to B2B activities, Djust is bringing a breath of fresh air to the e-commerce landscape, offering tailored solutions and unrivaled convenience to businesses around the globe.
With its impressive funding backing them, Djust is now equipped to forge ahead with its ambitious vision, transforming the way businesses connect, collaborate, and thrive.
As they set their sights on the horizon, Djust is poised to redefine what it means to engage in B2B commerce, revolutionizing industries and empowering enterprises to reach unprecedented heights of success.
The reason behind comparing Djust and Mirakl is that Djust’s co-founder and CEO, Arnaud Rihiant, was previously a member of Mirakl’s founding team and worked for the company for over ten years.
Mirakl is currently one of the most highly valued French startups and is in competition with Adobe Commerce, Salesforce Commerce, and Shopify.
Mirakl initially began as a platform to facilitate the launch of a B2C marketplace, allowing e-commerce websites to incorporate third-party sellers. However, as time passed, Mirakl recognized the potential of marketplaces for B2B clients as well.
Rihiant expressed his astonishment at the level of complexity involved in every B2B project with Mirakl. Upon further investigation, he concluded that the complexity was not a result of any fault on Mirakl’s part. Instead, he realized that the marketplace industry was originally designed with a focus on B2C operations.
Rihiant recognizes the potential of B2B commerce platforms as an intriguing opportunity, given that this market has been neglected for a significant period of time. Despite the prevalence of ERP systems in many companies, they continue to rely on outdated methods such as phone orders, email communication, and Excel spreadsheets. This approach proves to be inefficient and lacks scalability.
In terms of fundamental functionalities, Djust effectively closes the divide between legacy systems and its contemporary platform. By seamlessly integrating with ERP systems, it transforms raw data into actionable insights, facilitating streamlined processes and improved decision-making.
Djust provides comprehensive capabilities for managing catalogs, clients, and orders. This startup goes beyond basic functionalities and offers advanced features in each of these categories.
Users can effectively organize and maintain their product catalogs, efficiently manage client relationships, and seamlessly process orders with the help of Djust’s innovative tools and functionalities.
As an example, in terms of catalog management, Djust provides the capability to segment catalogs, ensuring that each client has access to relevant products. Additionally, the platform allows for the customization of prices based on the agreements made in the original contract, accommodating variations in client pricing.
When it comes to ordering, Djust offers a range of options tailored to specific industries. This includes enabling a bidding process for competitive procurement, facilitating streamlined re-orders for clients focused on restocking their stores and configuring diverse payment options to suit different preferences and requirements.
Djust ensures flexibility and efficiency in the ordering process to meet the unique needs of each business.
The company has successfully established partnerships with notable clients in the construction industry, including Bouygues and Eiffage. These companies have recognized the value of Djust’s platform in streamlining their order management processes.
Additionally, Djust has also catered to the needs of retailers seeking a robust platform to handle orders with their franchise stores. Prominent retailers such as Monoprix, Franprix, and Naturalia have chosen Djust as their preferred solution for efficient order management across their franchise networks.
This demonstrates the platform’s versatility and effectiveness in addressing the specific requirements of diverse industries, making it a trusted choice for both construction companies and retailers alike.
Djust is developing a versatile B2B commerce platform designed to cater to various industries. This generic platform offers adaptability, making it suitable for different sectors.
For instance, restaurant chains can leverage Djust as an efficient procurement system, while fashion brands that primarily sell through partner stores can seamlessly connect with their retail partners using Djust’s powerful platform.
The product provides the flexibility of being utilized as a headless platform, allowing users to integrate their own frontend framework. Alternatively, Djust offers a customizable front end that can be tailored to meet specific requirements.
The platform seamlessly supports different sales channels, enabling clients to continue accepting phone or email orders without mandating all existing clients to transition to a new website. Djust empowers businesses to enhance their B2B operations without disrupting existing workflows or customer relationships.
Djust currently boasts a team of 45 dedicated professionals. With the recent successful funding round, the startup has ambitious plans for expansion.
The additional funding will be utilized to bolster the team, allowing for increased expertise and resources.
Moreover, Djust aims to continuously iterate on its product, refining and enhancing its features based on user feedback and market demands.
Fueled by recent funding, Djust is poised to accelerate growth, refine its product, and forge new partnerships as it revolutionizes B2B commerce across Europe!