Lio has raised $30 million in a Series A round led by Andreessen Horowitz, with participation from SV Angels, Harry Stebbings and Y Combinator. The company has now raised $33 million in total funding. Founded in 2023 by Vladimir Keil, Lukas Heinzman and Till Wagner, Lio deploys AI agents to automate enterprise procurement processes. The platform handles tasks including supplier evaluation, contract negotiation and transaction completion across enterprise systems, replacing manual workflows that previously required large internal teams or outsourcing. The startup is already managing billions in enterprise spending. One global manufacturer automated 75% of its previously outsourced procurement operations within six months. Lio competes with legacy procurement software vendors like SAP Ariba and Oracle, as well as business process outsourcing providers. The funding will expand Lio's US operations and enhance its AI agent capabilities.