Functional
Functional Srl is a strategic partner specializing in comprehensive management of indirect purchasing processes, leveraging artificial intelligence technology applied to supply chain and large volume management across multiple sectors. The company offers a complete and reliable solution from product research and validation to door-to-door logistics, enabling clients to focus on priorities and goals. Functional operates globally with a network of validated international suppliers, ensuring quality control, certifications, and efficient logistics with tailor-made deliveries within 48 to 72 hours. Serving diverse key sectors such as healthcare, pharmaceutical, cleaning and hygiene, large-scale retail, food industry, Ho.Re.Ca, and collective catering, Functional guarantees savings, quality, and efficiency through innovative AI-driven procurement and economies of scale, positioning itself as a reference point for procurement offices in challenging economic environments.
Functional
Functional Srl is a strategic partner specializing in comprehensive management of indirect purchasing processes, leveraging artificial intelligence technology applied to supply chain and large volume management across multiple sectors. The company offers a complete and reliable solution from product research and validation to door-to-door logistics, enabling clients to focus on priorities and goals. Functional operates globally with a network of validated international suppliers, ensuring quality control, certifications, and efficient logistics with tailor-made deliveries within 48 to 72 hours. Serving diverse key sectors such as healthcare, pharmaceutical, cleaning and hygiene, large-scale retail, food industry, Ho.Re.Ca, and collective catering, Functional guarantees savings, quality, and efficiency through innovative AI-driven procurement and economies of scale, positioning itself as a reference point for procurement offices in challenging economic environments.
TL;DR
Core offering: AI-driven platform plus end-to-end indirect procurement and logistics services
Headquarters: Bolzano (NOI Techpark), Italy
Founders / leadership: Co-founders Maicol Verzotto and Nazareno Ciccarello; CEO Emanuele Sacchetti; CTO Matteo Biasi
Employees: 35
Total funding (reported): 1,600,000 USD (last noted 2022-06-01)
Company Overview
Problem Domain
Indirect procurement and high-volume sourcing for sectors such as healthcare, pharmaceutical, cleaning and hygiene, retail, food, Ho.Re.Ca, and collective catering.
Industry
B2B procurement technology and services
Funding Track Record
1600000.00
Last funding date and total funding amount reported