Funding Round attributes
Najar, a Paris-based AI-driven procurement solutions provider, has raised €15 million in a funding round led by 13books Capital, Portage, and TOMCAT. Formerly known as Welii, Najar offers tools that help businesses streamline financial operations and optimize expenses, focusing on procurement management and financial control. The company aims to use this fresh capital to expand its platform’s capabilities, develop new features, and enhance customer experience. Additionally, Najar’s rebranding from Welii reflects its broader mission of creating agile financial infrastructures for its growing customer base.
The investment will further support Najar’s goal of helping businesses gain better control over procurement and financial management, enhancing the efficiency of their operations. The company’s AI-driven platform is designed to address the needs of organizations looking to optimize procurement processes and improve cost transparency.
The lead investors expressed confidence in Najar’s ability to innovate and disrupt the procurement industry, highlighting the company's rapid growth and strong market potential. By leveraging this new funding, Najar plans to expand its presence across Europe and solidify its position as a leader in procurement technology.
This funding round marks an important milestone for Najar as it continues to scale and improve its AI-powered solutions for financial and procurement management.
