Italian AI startup Compri has secured a €3.2 million investment round led by Picus Capital to accelerate its international expansion and advance its AI-powered procurement and industrial supply chain platform. The latest financing brings the Milan-based company's total funding to more than €5 million, including previous equity rounds and additional financing, while reinforcing its position in one of the fastest-growing segments of enterprise AI. Founded in 2024 by Edoardo Arbizzi and Edoardo Gava, Compri has rapidly expanded its operations across Italy and seven international markets in under two years.
Expanding Global Presence
The funding round attracted participation from Picus Capital alongside Shapers, Italian Founders Fund, DFF Ventures, and a group of private investors, reflecting growing international confidence in AI solutions for enterprise procurement. Shapers was established by former founding partners of Hedosophia, while Picus Capital has previously backed companies including Jet HR, Casavo, and Miscusi. The investment follows Compri's €1.6 million pre-seed round, which was supported by Italian Founders Fund, DFF Ventures, and several experienced angel investors from the technology and industrial sectors.
Addressing Procurement Challenges
Compri operates in a market where procurement remains one of the least digitized business functions despite its direct influence on profitability, operational efficiency, and supply chain resilience. Many manufacturers continue to rely on fragmented workflows involving emails, spreadsheets, and disconnected enterprise systems, creating delays, hidden costs, and limited visibility across purchasing operations. According to Accenture, global supply chain disruptions generate more than $1.6 trillion in lost revenue annually, highlighting the need for more intelligent procurement technologies.
AI Agents for Enterprise Procurement
The company's AI-native platform is designed around a Procurement Intelligence module that coordinates purchasing requests, supplier onboarding, compliance management, purchase order automation, and approval workflows. Rather than simply offering analytics, Compri's AI agents function as digital collaborators capable of consolidating information from ERP systems, emails, PDFs, spreadsheets, and external databases while automating repetitive procurement tasks. This enables procurement teams to shift their attention from administrative work toward supplier negotiations, strategic sourcing, and broader cost optimization initiatives.
Delivering Measurable Results
Compri says its platform can reduce operational procurement workloads by as much as 80%, generate savings exceeding 10% on managed spending, and deliver returns on investment above ten times implementation costs. One customer, industrial engineering specialist Movinter, reportedly achieved approximately €360,000 in procurement savings while eliminating more than 2,000 hours of manual work annually after deploying the platform. The company currently serves customers across industries including automotive, energy, machinery, transportation, packaging, food and beverage, and aerospace and defense.
Technology and Future Growth
The platform incorporates five specialized AI agent teams that support procurement activities ranging from supplier follow-ups and compliance documentation to savings identification and order confirmation management. It also features an AI Procurement Assistant capable of answering natural-language queries about supplier performance, purchasing risks, market benchmarks, and order status using company-specific data. Compri employs a multi-LLM strategy built on models from OpenAI, Anthropic, and Gemini, while maintaining enterprise-grade security standards aligned with ISO 27001, NIS 2, and the European AI Act through its European cloud infrastructure.
The new investment will support continued product development, international market expansion, and recruitment as Compri seeks to strengthen its presence in strategic manufacturing markets worldwide. The founders believe procurement represents one of the most valuable yet under-digitized business functions, creating significant opportunities for AI-powered automation to improve competitiveness and operational performance. Backed by an expanding international investor base and growing enterprise adoption, Compri aims to establish itself as a leading provider of AI-driven procurement and supply chain solutions for industrial organizations.