Empowering procurement managers to automate repetitive tasks and focus on highly strategic decisions

About us

Soource is a procurement solution that focuses on sourcing and supplier selection, thus streamlining the initial part of the procurement process with the introduction of AI.

Through our innovative solutions, we aspire to make a significant contribution to the field of procurement, empowering organizations to optimize resources, drive growth, and achieve sustainable success in an ever-evolving global marketplace.

Soource was founded thanks to the experience of the founding team in another company operating in the procurement field. By harnessing the power of technology, we aim to streamline operations, enhance efficiency, and liberate valuable time for procurement managers for strategic thinking.

Our founders

Maicol Verzotto

CEO & Co-Founder

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Maicol Verzotto is the CEO and co-founder of Soource. Before taking on this role, he co-founded and led Functional, a company specializing in a wide range of procurement services. Under his leadership, Functional grew exponentially, starting from scratch and generating over €9 million in just three years while raising more than €2 million in capital.

Nazareno Mario Ciccarello

COO & Co-Founder

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Nazareno Mario Ciccarello is a co-founder of Soource and currently serves as its COO. He holds a four-year degree from Luiss Guido Carli University and an MBA from IE Business School. Nazareno also holds the position of Visiting Associate Professor in the Department of Entrepreneurship at both IE Business School in Madrid and Luiss Business School in Rome.

Our team

Competences and Scaleup Execution Experience: A Winning Combination

Board Members

Lucrezia Lucotti

Lucrezia Lucotti is a Partner at 360 Capital, with over four years of experience in venture capital and strategic management. At 360 Capital, she has held roles such as Investment Director and Associate, focusing on deal flow in Italy and Southern Europe across B2B and B2C software, deeptech, and climate tech sectors, while managing portfolios for the 360 Deeptech, Climate Tech, and Series A funds.

Previously, she worked as a Business Analyst at Roland Berger and promoted female entrepreneurship as an Ambassador for Female Founders. She graduated with honors in Economics and Management of Innovation and Technology from Bocconi University, with a Double Degree from WU Vienna.

Francesca Fiore

After a career at McKinsey & Co., Francesca Fiore spent 18 years with the Vodafone Group, holding managerial roles in Italy and abroad, and overseeing product launches, offers, and supply chain management. From 2015 to 2018, she was a member of the investment committee at Invitalia Ventures SGR and has been an independent director in various companies since 2012. Since 2019, she has been a member of the Club degli Investitori and the Board of Directors of Monte Titoli S.p.A., and in 2023, she was appointed an independent director at Deltatre. She has received the Bellisario Award and recognition as one of the InspiringFifty 2021, where she now serves as an Ambassador.

Francesca holds an MBA from Harvard Business School, in addition to a degree in Business Administration, a degree and a master's in Developmental Psychology, and a master’s in Marine Sciences.

Investors

Soource is backed by leading Italian and European investment funds. This demonstrates the significant interest in Soource from entities that are highly knowledgeable about current technological innovations in the market.

Award & Industry Recognition

A technology recognized by the procurement industry.

The Procurement Italia

In 2024, Soource was included for the second year in the Techmap by The Procurement Italia, under the 'Sourcing Technology' category. This guide, created with the contribution of five experts in the digital procurement sector, aims to help CPOs who are members of The Procurement Italia community to identify the most advanced solutions available on the Italian and international markets.

Plug & Play Supply Chain

Soource has been selected as one of the top technologies in the Procurement section of Plug and Play Supply Chain, the world's largest Open Innovation platform. This selection allows Soource to participate in Open Innovation projects with Plug & Play partners, including multinational companies such as Walmart, Colgate-Palmolive, Schneider Electric, Shell, Maersk, and Mitsubishi Electric.

Advisory Board

A prestigious network of top-level experts in procurement contributes to the growing value creation at Soource. These professionals bring extensive experience and specialized skills, significantly driving the company's development and innovation.

Francesco Rubinacci

Over 20 years of international experience as a Consultant, CIO, and CPO in multinational companies.

Nader Sabbaghian

Partner at 360 Capital and former CEO of BravoSolution (exit with Jaggaer in 2017). Adjunct Professor in the Department of Management and Technology at Bocconi University.

Alfredo Provenza

Business Angel and Database Advisor. Former Regional Director for Southern Europe at Bureau van Dijk (acquired by Moody's Analytics in 2017), the owner of Orbis, one of the world's most robust databases of private companies.

Giuseppe Cavallaro

Business Angel and Advisor for Product and GTM strategy. Former McKinsey consultant, Head of Operations at Joivy and CEO at Alpha Test.

Our Values

We're fueled by our passion for our work. Innovation and progress are at the heart of our growth. Our team is the sum of exceptional individuals.

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What they say about us

THE PROCUREMENT MAGAZINE

“The Procurement has chosen to include SOURCE in the TP Techmap, a map of high-tech solutions divided into 10 Application Areas, developed with the contribution of 15 expert professionals in the field of digital procurement, under the Benchmarking and Spend Management section. We appreciated how this Italian startup is revolutionizing traditional sourcing by automating supplier discovery and traditional email negotiations. By leveraging artificial intelligence, it enables scouting and negotiations with suppliers across Italy, helping companies find the best processes worldwide. The solution was particularly well-received by our community of CPOs and Supply Chain Managers during the Italian Digital Procurement Summit 2023.”

The Procurement Team

Are you ready to learn more?

Book a demo now or speak with a sourcing expert.