Compri secures €3.2M to build AI-powered procurement teams

Compri, a Milan-based startup developing
AI-powered procurement software for industrial companies, has raised €3.2
million in a seed funding round led by Picus Capital, bringing its total
funding to more than €5 million. The round also included participation from
Shapers, Italian Founders Fund, DFF Ventures, and a group of private investors.

Procurement remains one of the least
digitised functions in industry, with many companies still relying on email,
spreadsheets, and disconnected systems to manage suppliers, purchasing
processes, and operational workflows. The lack of integration often leads to
inefficiencies, limited visibility over spending, and increased operational
costs.

While the challenge is particularly pronounced among Europe’s
manufacturing sector, the opportunity extends across thousands of industrial
businesses that continue to operate with largely manual procurement processes.

Founded in Milan in 2024 by Edoardo Arbizzi
and Edoardo Gava, Compri aims to address this challenge through an AI-powered
platform designed to operate as a digital workforce within procurement and
supply chain teams. The company’s technology centralises data from ERP systems,
emails, spreadsheets, PDFs, and external databases, enabling AI agents to
automate tasks such as supplier follow-ups, document collection, compliance
monitoring, and order confirmation checks.

The platform combines large language models
with procurement-specific training data to improve performance and accuracy
over time. By automating repetitive administrative work and consolidating
fragmented information, Compri enables teams to focus on higher-value
activities such as supplier negotiations, strategic sourcing, and cost
optimisation.

The company says its platform is already used
by more than 40 customers, helping procurement teams reduce operational
workloads while improving visibility and control over spending.

The new funding will support further product
development, team growth, and expansion into key industrial markets across
Europe and beyond.