What is Lio?
Founded by CEO Vlad Keil, Lio (formerly known as askLio) provides an agentic AI platform that functions as a comprehensive, automated procurement workforce. The platform is engineered to handle complex enterprise tasks, including request triage, supplier comparison, vendor onboarding, and end-to-end purchasing. By integrating directly with existing enterprise systems, Lio enables organizations to automate high-volume, repetitive procurement workflows, thereby reducing operational overhead and improving decision-making speed. Since its inception in 2023, the company has established a robust market presence, serving major industry players such as Munich Re, Brose, and Novozymes. Its core value proposition lies in its ability to act as an autonomous agent, effectively replacing manual procurement processes with scalable, AI-driven intelligence.
How much funding has Lio raised?
Lio has raised a total of $30M across 1 funding round:
Series A
$30M
Series A (2026): $30M with participation from SV Angel, Andreessen Horowitz, and Y Combinator
Key Investors in Lio
SV Angel
SV Angel is a long-term investment firm dedicated to supporting founders in creating impactful businesses through strategic insights and a vast network.
Andreessen Horowitz
A prominent private American venture capital firm that invests in both early-stage start-ups and established growth companies across the technology sector.
Y Combinator
A premier startup accelerator and seed funding provider based in Mountain View, known for fostering high-growth technology companies.
What's next for Lio?
With this major enterprise-level funding, Lio is well-positioned to deepen its penetration into the global enterprise market. The strategic roadmap likely involves enhancing the platform's negotiation capabilities and expanding its integration ecosystem to support more complex, cross-functional enterprise workflows. As the demand for autonomous business operations grows, Lio is expected to focus on scaling its infrastructure to accommodate larger datasets and more intricate supply chain requirements. The company's ability to maintain its momentum will depend on its capacity to deliver measurable ROI to its Fortune 500 client base while navigating the competitive landscape of enterprise AI. Future growth will likely be characterized by aggressive talent acquisition and the continuous refinement of its agentic models to ensure superior performance in diverse procurement environments.
See full Lio company page
