Bolzano's procurement-tech startup Soource, which is developing a B2B search engine, has raised €1.5 million in a pre-seed funding round led by 360 Capital, with support from Vento by Exor Ventures.
- Founded in 2024 by Maicol Verzotto, Nazareno Mario Ciccarello, Silvia Chiarot, Serena Galli, and Luca Taddeo, Soource uses AI to streamline the supplier research and selection process.
- The platform provides access to a vast global database of companies and automates the collection of supplier information using mass email exchanges, reducing the time, risk, and costs associated with procurement.
Details of the deal
- The pre-seed funding round was led by 360 Capital, a venture capital firm specializing in early-stage, innovative deep tech and digital enterprises across Europe. The firm has offices in Milan and Paris and has raised €30 million for the first closing of its early-stage fund, 360 Digitaly.
"Soource is already making a mark with leading European companies. With ambitious plans to scale and refine their technology, they’re just getting started. Proud to support their vision of building the world’s smartest B2B search engine," 360 Capital's team, commented on LinkedIn.
- The round also saw participation from Vento by Exor Ventures, Club degli Investitori, B Heroes, and a list of notable business angels.
- The startup will use the €1.5 million raised to accelerate the development of its AI-powered procurement platform, refine its technology, and scale its operations.
