Lio - About the company
Lio is a series A company based in Munich (Germany), founded in 2023 by Vladimir Keil, Lukas Heinzmann and Till Wagner. It operates as a Provider of an AI multi-agent system for enterprise procurement processes. Lio has raised $33M in funding from Andreessen Horowitz. The company has 526 active competitors, including 83 funded and 46 that have exited. Its top competitors include companies like Taulia, Zip and PayEm.
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 2 rounds
Latest Funding Round
Investors
Ranked
37th among 526 active competitors
Employee Count
141 as on Jul 31, 2026
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Lio's funding and investors
Lio has raised a total funding of $33M over 2 rounds. Its first funding round was on 2025. Its latest funding round was a Series A round on Mar 05, 2026 for $*****. 4 investors participated in its latest round. Lio has 4 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 | 6756898 | Series A | 6118604 | 9732876 | 9512520 | 4311015 |
2025 | 1352 | Seed | 4613 | 2571 | 6763 |
View details of Lio's funding rounds and investors
Lio's founders and board of directors
Founder? Claim ProfileThe founders of Lio are Vladimir Keil, Lukas Heinzmann and Till Wagner. Vladimir Keil is the CEO of Lio.
Here are the details of Lio's key team members:
- Vladimir Keil: Co-Founder & CEO of Lio. Contact Info: 1 email address
- Lukas Heinzmann: Co-Founder, Managing Director & CTO of Lio. Contact Info: 1 email address
- Till Wagner: Co-Founder & COO of Lio and founder of 1 other company. Contact Info: 1 email address
Lio's Board of Directors
Lio's board has 2 active members. Lukas Heinzmann and Vladimir Keil are part of team.Here is the list of Lio's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 3y 0m | |
Team | - | Current | 3y 0m |
View details of Lio's Founder profiles and Board Members
Lio's employee count trend
Lio has 141 employees as of Jul 26. Here is Lio's employee count trend over the years:
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Lio's Competitors and alternates
Top competitors of Lio include Taulia, Zip and PayEm. Here is the list of Top 10 competitors of Lio, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Taulia 2009, San Francisco (United States), Acquired | AI-based electronic invoicing and supply chain management solution for businesses | $220M | 73/100 | |
2nd | Zip 2020, San Francisco (United States), Series D | Provider of a platform for procurement orchestration, intake, and spend management | $358M | 65/100 | |
3rd | PayEm 2019, San Francisco (United States), Series A | SaaS-based expense management solutions for corporate organisations | $47M | 64/100 | |
4th | Omnea 2021, London (United Kingdom), Series B | Provider of web-enabled procurement orchestration solutions for the supply chain | $138M | 63/100 | |
5th | AI and cloud-enabled end-to-end procurement management solutions | $17M | 61/100 | ||
6th | Provider of working capital solutions and supply chain finance programs | $49.2M | 59/100 | ||
7th | Mynd Fintech 2002, Gurugram (India), Series A | Online marketplace for supply chain financing | $16.3M | 59/100 | |
8th | Stampli 2014, Mountain View (United States), Series D | Provider of software for procure to pay and finance automation | $148M | 58/100 | |
9th | Procol 2018, New York (United States), Series A | Provider of AI procurement software for enterprise procurement management solutions | $11.2M | 58/100 | |
10th | Arkestro 2017, San Francisco (United States), Series A | AI-powered procurement platform to optimize buying decisions for enterprises | $78M | 58/100 | |
37th | Provider of an AI multi-agent system for enterprise procurement processes | $33M | 47/100 |
Looking for more details on Lio's competitors? Click here to see the top ones
Lio's Investments and acquisitions
Lio has made no investments or acquisitions yet.
Reports related to Lio
Here is the latest report on Lio's sector:
News related to Lio
Media has covered Lio for a total of 5 events in the last 1 year, 2 of them have been about company updates and 1 about partnerships.
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Volta Secures $10B Partnership and $300M Raise at $2.4B ValuationCryptocurrency•Aug 04, 2026•Volta Labs, Andreessen Horowitz, Altimeter Capital, and 10 others
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Tech Lio Secures $30M From Andreessen Horowitz To Revolutionize Enterprise Procurement With AI AgentsBitcoin Ethereum News•Mar 05, 2026•Andreessen Horowitz, Techlio, Lio, XYZ Venture Capital and 17 others
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