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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
Ranked
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
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Lio's founders and board of directors

Founder? Claim Profile
The 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:

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

Lio's employee count trend

Lio has 141 employees as of Jul 26. Here is Lio's employee count trend over the years:
Employee count trend for Lio
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Taulia
Taulia
2009, San Francisco (United States), Acquired
AI-based electronic invoicing and supply chain management solution for businesses
$220M
73/100
2nd
Logo for Zip
Zip
2020, San Francisco (United States), Series D
Provider of a platform for procurement orchestration, intake, and spend management
$358M
65/100
3rd
Logo for PayEm
PayEm
2019, San Francisco (United States), Series A
SaaS-based expense management solutions for corporate organisations
$47M
64/100
4th
Logo for Omnea
Omnea
2021, London (United Kingdom), Series B
Provider of web-enabled procurement orchestration solutions for the supply chain
$138M
63/100
5th
Logo for Aerchain
Aerchain
2016, Bengaluru (India), Series A
AI and cloud-enabled end-to-end procurement management solutions
$17M
61/100
6th
Logo for CredAble
CredAble
2017, Mumbai (India), Series B
Provider of working capital solutions and supply chain finance programs
$49.2M
59/100
7th
Logo for Mynd Fintech
Mynd Fintech
2002, Gurugram (India), Series A
Online marketplace for supply chain financing
$16.3M
59/100
8th
Logo for Stampli
Stampli
2014, Mountain View (United States), Series D
Provider of software for procure to pay and finance automation
$148M
58/100
9th
Logo for Procol
Procol
2018, New York (United States), Series A
Provider of AI procurement software for enterprise procurement management solutions
$11.2M
58/100
10th
Logo for Arkestro
Arkestro
2017, San Francisco (United States), Series A
AI-powered procurement platform to optimize buying decisions for enterprises
$78M
58/100
37th
Logo for Lio
Lio
2023, Munich (Germany), Series A
Provider of an AI multi-agent system for enterprise procurement processes
$33M
47/100
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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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FAQs about Lio

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