# Najar

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/najar

- Industry: Software
- Headquarters: Paris, France
- Website: www.najar.ai
- Total disclosed funding: $16M
- Latest round: Series A (Jul 5, 2024)
- Investors on record: 3

## About

Established in 2021 by Jean-Guillaume Buret, Killian Buffard, and Vincent Coste, and based in Paris, France, Welii Company SAS, doing business as Najar is a software development company that provides AI-driven procurement solutions to enhance visibility and control over purchasing decisions. In July 2024, Najar raised EUR 15 million in Series A funding from 13books Capital, Portage Ventures, and Tomcast Invest.

The platform helps organizations streamline procurement workflows, improve compliance, and optimize spending. Key features include smart purchase requests, vendor sourcing, contract management, and financial insights, all designed to simplify financial operations. By integrating with existing tools, Najar enables businesses to manage procurement efficiently while ensuring cost savings, with clients typically realizing significant returns on investment. The platform is tailored to the needs of finance, accounting, and IT teams, empowering them to make data-driven decisions and manage expenses effectively.

 Najar intends to use the July 2024 funding to enhance its platform by developing new tools for improved control over procurement and financial operations.

## Funding rounds

- Series A, Jul 5, 2024, $16M — Portage Ventures, 13books Capital, Tomcat Invest

## Investors

- Portage Ventures (https://capitalatlas.ai/funds/portage-ventures) — Series A
- 13books Capital (https://capitalatlas.ai/funds/13books-capital) — Series A
- Tomcat Invest (https://capitalatlas.ai/funds/tomcat-invest) — Series A