Compri announced it has raised €3.2 million in seed funding to expand its AI-powered procurement automation platform for industrial companies. The funding round was led by Picus Capital, with participation from Shapers, Italian Founders Fund, and DFF Ventures.
Founded in Milan, Compri is building autonomous AI agents designed to work directly inside procurement and supply chain workflows. The company’s platform handles the operational procurement cycle end-to-end, helping industrial businesses reduce manual work across processes that have historically relied on spreadsheets, phone calls, and email chains.
Compri already manages more than €10 billion in spend across eight markets. The company’s AI agents are designed to help procurement teams automate repetitive workflows, improve supplier intelligence, support negotiations, and create measurable cost savings.
According to Picus Capital, Compri customers have reduced the time spent on operational procurement tasks by 80%, saving more than 2,000 hours per year. Customers also achieve more than 10% savings on direct spend through improved negotiations and supplier intelligence, equal to about €360,000 in annual savings on average.
Picus Capital said Compri’s defensibility comes from its proprietary data, which is aggregated across sources and channels. This data enables workflow automation that improves over time as the platform becomes more deeply embedded across corporate functions and stakeholders.
The investment reflects Picus Capital’s view that procurement is one of the largest and most overlooked opportunities for AI-driven transformation in the industrial economy. By eliminating repetitive operational work rather than adding another software layer, Compri is positioning itself as a broader automation platform for industrial procurement and supply chain teams.
