Lio

Lio (legal name Lio Technologies) provides a multi-agent system for direct and indirect procurement. Its agents handle operative procurement work end to end, including matching, chasing and exception handling, and support tasks such as should-cost models, negotiation preparation and contract and supplier lifecycle management. The product is delivered as Lio OS, described as an operating layer that connects agents and enterprises and works with existing procurement systems.

The customers are large enterprises. The website states that Lio is trusted by 150+ enterprises across industries, names tesa, BASF Coatings, Novonesis, Schaeffler and Bilfinger among them, and lists sectors including chemicals, airlines, public sector, energy, manufacturing, retail, telecommunications and banking. The website does not describe its pricing or revenue model; it presents enterprise deployments and demo requests.

Lio's headquarters is listed at 524 Broadway, New York, and the company also lists a Munich office. The website states 135 people and a $30M Series A led by Andreessen Horowitz. The company has 19 open roles, mainly in engineering, forward deployed implementation and go-to-market functions, split between New York and Munich.

Product: Lio OS, a multi-agent system that runs direct and indirect procurement operations for enterprise procurement teams.