Procurement plays a critical role in the success of industrial businesses, yet it remains one of the most overlooked areas when it comes to digital transformation. Across manufacturing and industrial sectors, procurement teams are still burdened by manual workflows, fragmented data sources, supplier communication challenges, and administrative processes that consume significant time and resources. As companies face increasing pressure to improve efficiency, reduce costs, and strengthen supply chain resilience, demand is growing for technologies that can modernise procurement operations. Milan based startup Compri is addressing this challenge through artificial intelligence, and the company has now secured fresh funding to accelerate its growth.
Compri has raised €3.2 million in a seed funding round led by Picus Capital. The investment also attracted participation from Shapers, Italian Founders Fund, DFF Ventures, and a group of private investors.
The new funding brings the company’s total capital raised to more than €5 million and will support product development, team expansion, and international growth.
Tackling One of Industry’s Most Manual Functions
Despite advances in enterprise software, procurement remains heavily dependent on manual processes in many organisations.
Teams often manage suppliers through email exchanges, spreadsheets, PDF documents, and disconnected enterprise systems.
This fragmented approach creates operational inefficiencies, limits visibility into purchasing activities, and makes it difficult to maintain consistent control over spending and supplier relationships.
The challenge is particularly significant across Europe’s manufacturing sector, where procurement departments frequently handle large supplier networks and complex sourcing requirements.
Compri believes these limitations create a substantial opportunity for intelligent automation.
Building an AI Powered Procurement Workforce
Founded in Milan in 2024 by Edoardo Arbizzi and Edoardo Gava, Compri has developed a platform designed to function as a digital workforce for procurement and supply chain teams.
Rather than simply providing another software tool, the company uses artificial intelligence to automate many of the repetitive operational activities that consume procurement professionals’ time.
The platform consolidates information from multiple sources, including enterprise resource planning systems, emails, spreadsheets, PDF files, and external databases.
By bringing this information together into a single environment, the system creates a comprehensive operational view that can be used to support procurement workflows more effectively.
Automating Everyday Procurement Tasks
A key feature of the platform is its use of AI agents trained specifically for procurement operations.
These agents can perform a variety of administrative and operational tasks that traditionally require manual intervention.
Examples include supplier follow ups, document collection, compliance monitoring, purchase order verification, and order confirmation management.
By automating these repetitive activities, procurement teams can significantly reduce administrative workloads and focus their attention on more strategic responsibilities.
The company believes procurement professionals should spend less time chasing information and more time negotiating supplier agreements, identifying sourcing opportunities, managing risk, and improving overall procurement performance.
Combining AI With Procurement Expertise
Compri’s platform combines large language models with procurement specific training data.
This specialised approach enables the system to understand procurement terminology, workflows, supplier interactions, and operational requirements more effectively than general purpose AI solutions.
As the platform processes more procurement activities, it continuously improves its ability to support users and automate increasingly complex workflows.
The company’s goal is to create an intelligent procurement environment that delivers both operational efficiency and better decision making.
By reducing information silos and increasing visibility across procurement processes, organisations can gain greater control over spending and supplier management activities.
Expanding Across Industrial Markets
Compri has already gained traction among industrial customers.
According to the company, more than 40 businesses currently use the platform to support procurement operations and improve efficiency.
These customers are leveraging the technology to streamline workflows, reduce manual effort, and strengthen oversight of purchasing activities.
The newly secured funding will enable Compri to accelerate development of its platform, expand its workforce, and strengthen its presence across key industrial markets.
As artificial intelligence becomes increasingly integrated into enterprise operations, procurement is emerging as a major area for transformation. With fresh capital, growing customer adoption, and a platform designed specifically for industrial environments, Compri is positioning itself to help redefine how procurement teams operate in the modern manufacturing economy. By combining AI driven automation with procurement expertise, the company aims to create a smarter, faster, and more efficient future for industrial purchasing and supply chain management.
