Brand Intelligence Graph
Company Overview
About Lio
Lio (formerly askLio) is an agentic AI platform founded in 2023 to automate enterprise procurement workflows. A Y Combinator alumnus, the company was built on the insight that procurement — spanning supplier discovery, RFQ management, contract negotiation, and purchase order execution — is one of the most document-heavy, repetitive, and underautomated functions in large organizations. Lio's AI agents handle end-to-end procurement tasks that previously required large teams of specialists.
Business Model & Competitive Advantage
The Lio platform deploys autonomous agents that can navigate supplier portals, parse contracts, generate RFQs, compare bids, and flag compliance issues without human intervention at each step. It integrates with existing ERP and procurement systems, making it deployable without replacing core infrastructure. Target customers are Fortune 500 procurement and supply chain teams looking to reduce cycle times and headcount dependency while maintaining compliance and auditability.
Competitive Landscape 2025–2026
Lio raised $33M including a $30M Series A led by Andreessen Horowitz in March 2026 — one of the largest early-stage procurement AI rounds to date. The a16z backing and Fortune 500 client traction validate Lio's position at the intersection of two powerful trends: agentic AI maturing beyond chatbots into autonomous workflow execution, and enterprise procurement digitization accelerating as supply chain resilience becomes a board-level priority.
Recent Activity
View all →Foreign Filing filed 2026-10-16
Foreign Filing filed 2026-10-13
Foreign Filing filed 2026-10-01
Foreign Filing filed 2026-09-28
Foreign Filing filed 2026-09-21
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Foreign Filing filed 2026-09-01
Foreign Filing filed 2026-08-26
Foreign Filing filed 2026-08-24
Foreign Filing filed 2026-08-17
Key Differentiators
Emerging Innovator
Lio is an emerging player bringing innovative solutions to the Enterprise Software market.
Frequently Asked Questions
Estimated Visibility Trend (Beta)
Simulated 8-week rolling score
Based on estimated brand signals. Historical tracking coming soon.
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