Bolzano-based Soource raises €3 million to help procurement evolve from “copilot” to “autopilot” model

Soource, a Bolzano-based startup offering procurement solutions focused on sourcing and supplier selection, has announced the close of a €3 million Seed funding round to consolidate its position in Italy’s procurement intelligence market and support its European expansion. 

The round was led by Vertis through the “Vertis Venture 5 Scaleup” fund and included participation from Swiss venture capital operator Tenity, 360 Capital (which, through the 360 Digitaly fund, had led the previous round, closed in January 2025), and Club degli Investitori. With this round, Soource’s total funding raised since 2025 has surpassed €5 million.

“This round represents a fundamental step in Soource’s growth journey. One year after go-to-market, we are working with leading enterprises across every category and industry. The new resources will allow us to accelerate the development of our data-driven platform, strengthen the team and consolidate our leadership in Italy, with the goal of bringing Soource to the main European markets as well,” commented Maicol Verzotto, CEO and co-founder of Soource. 

The company was founded in 2024 in Bolzano by Olympian and European diving champion Maicol Verzotto, together with Nazareno Mario Ciccarello, Silvia Chiarot, Serena Galli and Luca Taddeo. 

Soource is a technology platform that, built on a solid proprietary data infrastructure, uses artificial intelligence to help companies improve the effectiveness and efficiency of procurement processes, leaving higher-value activities in the hands of operators.

According to the company, AI is powerful, but it delivers reliable results only when fed clean, complete data. In procurement, supplier data is often fragmented, incomplete or unverified. This is the challenge the Italian startup aims to solve. 

Soource claims that it brings order to this data and builds automation on top of it. It offers a single platform to search, enrich, automate and monitor every piece of supplier information. 

The startup notes that at its core is a proprietary international database containing verified and certified data. On top of this foundation, an AI system composed of multiple specialised agents operates, each dedicated to a different procurement-office process: finding suppliers (discovery), qualifying them, comparing them, contacting them (outreach) and completing their data (enrichment).

Source highlights that this results in procurement evolving from a “copilot” model, in which AI supports operators, to an “autopilot” model, in which numerous activities are executed automatically while keeping reliable, verified data at the centre of the decision-making process.

The platform is compatible with major ERP and procurement software like SAP Ariba, Jaggaer and other enterprise systems. It can be integrated for bidirectional data exchange or used as a plug-and-play solution, without the need for integration.

Explaining data security and protection, the company mentioned that all corporate, personal and supplier data is processed according to GDPR and European regulations. Generic data is anonymised to improve platform and Soource community performance. 

The platform’s artificial intelligence is compliant with the European Union’s new AI Act, falling into the zero-risk category, as it only supports internal activities and does not automate outward processes or critical decisions.

Alessandro Pontari, Partner of the “Vertis Venture 5 Scaleup” fund managed by Vertis SGR, said, “Artificial intelligence is transforming procurement, but the real competitive advantage lies in the quality and structuring of the data on which algorithms operate. Soource has developed a proprietary infrastructure that enables companies to make supplier management more efficient and strategic, automating high-operational-intensity activities and supporting increasingly data-driven decision-making processes. 

“In just over a year, the team has demonstrated remarkable execution capabilities, winning top-tier clients and developing a platform with strong international scalability potential. We are excited to support Maicol, Nazareno and the entire team in this new phase of growth.”

The platform is already used by leading organisations across the utilities, pharmaceutical, energy, insurance, food, industrial and construction sectors. The startup, with a 17-person team located at its headquarters in NOI Techpark, Bolzano, plans to double its staff by the end of 2027. 

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