L
Lio
AI-powered workforce automating enterprise procurement processes
About Lio
Lio (formerly askLio) is an enterprise procurement AI company founded in 2023 by Vladimir Keil, Lukas Heinzmann and Till Wagner that builds a multi-agent virtual procurement workforce executing purchase requests end-to-end—vendor research, negotiation, approvals, onboarding and delivery tracking—across ERPs, P2P systems, inboxes and the open web, integrating with SAP, Coupa and Ariba and surfaces such as Microsoft Teams. Customers include Munich Re, Brose, Novozymes and other Global 2000 / Fortune 500 buyers; the company cites large reductions in manual procurement work and incremental savings versus outsourced BPO models, with European Azure hosting and GDPR focus. In March 2026 Lio raised a $30 million Series A led by Andreessen Horowitz (a16z), with SV Angels, Harry Stebbings and Y Combinator, bringing total funding to about $33 million to accelerate product development and US expansion. Sources: Lio / PR Newswire 5 Mar 2026; TechCrunch.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2023
- Headquarters
- New York City, United States
- Employees
- 131
- Open positions
- None listed
- Dealroom signal
- 91.8/100
- Industry
- Enterprise Software
- Sector
- AI, Core AI, Spinout, AI Tools, AI Applications, YC S23
- Technology
- Artificial Intelligence
- Business model
- SaaS
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES A✓Equity / VC | Mar 2026 | $30M | $120M | Harry Stebbings · Andreessen Horowitz · SV Angel · Y Combinator | ↗ |
| SEED✓Equity / VC | Nov 2023 | $125K | $500K | Y Combinator | — |
Growth signals
Latest recorded traffic for Lio is 42K monthly website visits, down 4.5% over the last three months. Lio's team grew 178.7% over the past year.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed3 investors entered at this stage
Tom Blomfield
Wally Wang
Y Combinator
Series A3 investors entered at this stage
Andreessen Horowitz
Harry Stebbings
SV Angel
Other known investors6 additional known investors
Technical University Munich
Collective Ventures
Heliad
Klaus von Sayn-Wittgenstein
Maiora Ventures
Pioneer Fund
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Lio on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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