When was Lio founded?

Lio was founded in 2023 and raised its 1st funding round 3 years after it was founded.

Where is Lio located?

Lio is headquartered in Munich, Germany.

How many employees does Lio have?

As of Jan 31, 2026, the latest employee count at Lio is 59.

Is Lio a funded company?

Lio is a funded company, having raised a total of $***** in its 1st and only funding round, a Series A round on Mar 05, 2026.

When was the latest funding round of Lio?

Lio's latest funding was a $***** Series A round on Mar 05, 2026, with participation from 4 investors.

Where does Lio rank among its competitors?

Lio ranks 61st amongst 455 active competitors, of which 61 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Lio, which secured $30M in Mar, 2026.

Who are the top competitors of Lio?

Lio's top competitors include Omnea, Stotles and Arkestro. Among them, Lio secured the most recent funding round in March, 2026.

Lio - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of an AI multi-agent system for enterprise procurement processes. It offers specialized agents that manage purchase requests by researching vendors and negotiating terms. The system manages approvals and tracks deliveries simultaneously. It integrates with existing systems to streamline procurement operations.

Website: lio.ai
Email ID: *****@asklio.ai
Phone Number: +49 **********

Key Metrics

Founded Year

2023

Location

Munich, Germany

Stage

Series A

Total Funding

$33M in 1 round

Latest Funding Round

Series A, Mar 05, 2026, $*****

Investors

Andreessen Horowitz & 3 more

Ranked

61^st among 455 active competitors

Employee Count

59 as on Jan 31, 2026

Similar Companies

Omnea & 573 more

View Lio's full profile

Lio has raised a total funding of $33M over 1 round. Its latest funding round was a Series A round on Mar 05, 2026 for $*****. 4 investors participated in its latest round. Lio has 3 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Lio:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 05, 2026	7005878	Series A	5930522	6921496	8488309	2176168

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View details of Lio's funding rounds and investors

The founders of Lio are Till Wagner, Vladimir Keil and Lukas Heinzmann. Vladimir Keil is the CEO of Lio.

Here are the details of Lio's key team members:

Till Wagner: Co-Founder & COO of Lio and founder of 1 other company.
Contact Info: 1 email address
Vladimir Keil: Co-Founder & CEO of Lio.
Lukas Heinzmann: Co-Founder & CTO (Managing Director) of Lio.

View details of Lio's Founder profiles and Board Members

Lio's employee count trend

Lio has 59 employees as of Jan 26. Here is Lio's employee count trend over the years:

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Top competitors of Lio include Omnea, Stotles and Arkestro. Here is the list of Top 10 competitors of Lio, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Omnea 2021, London (United Kingdom), Series B	Provider of web-enabled procurement orchestration solutions for the supply chain	$138M	Khosla Ventures, Insight Partners & 16 others	63/100
2nd	Stotles 2019, London (United Kingdom), Series A	Cloud-based platform for procurement management	$21.6M	Headline, Speedinvest & 14 others	60/100
3rd	Arkestro 2017, San Francisco (United States), Series A	AI-powered procurement platform to optimize buying decisions for enterprises	$78M	New Enterprise Associates, Aramco Ventures ... & 20 others	58/100
4th	PayEm 2019, San Francisco (United States), Series A	SaaS-based expense management solutions for corporate organisations	$47M	NFX, Pitango & 6 others	56/100
5th	CobbleStone Software 1995, Princeton (United States), Unfunded	Provider of contract lifecycle management, vendor management, and e-procurement software	-	-	54/100
6th	BirchStreet Systems 2002, Newport Beach (United States), Series B	Developer of cloud-based procure-to-pay software for hospitality and food service	$2.04M	Nadavon Capital Partners, Parthenon Capital ... & 1 others	54/100
7th	Fintary 2021, San Francisco (United States), Series A	Automated payout solutions for revenue operations	$10M	Sierra Ventures, Harlem Capital & 1 others	52/100
8th	Periscope Holdings 2001, Austin (United States), Acquired	Offers web-based e-Procurement solutions	$4.5M	Tritonfinancial, Parthenon Capital	52/100
9th	Aerchain 2016, Bengaluru (India), Seed	AI and cloud-enabled end-to-end procurement management solutions	$3.99M	Telama Investments, IndiaMART & 8 others	50/100
10th	BuyerQuest 2011, Cleveland (United States), Acquired	Provider of procure-to-pay software	$15.4M	Argentum Group, Western Alliance Bank & 1 others	50/100
61st	Lio 2023, Munich (Germany), Series A	Provider of an AI multi-agent system for enterprise procurement processes	$33M	Andreessen Horowitz, SV Angel & 2 others	40/100