Lio provides an enterprise procurement AI platform that runs a multi-agent virtual procurement workforce to manage purchase requests end-to-end. It researches vendors, negotiates terms, routes approvals, onboarding, and tracks delivery across ERP and P2P systems, inboxes, and the open web, with integrations to SAP, Coupa, Ariba, and Teams. Its architecture connects to buyers’ systems to automate end-to-end purchasing while maintaining GDPR compliance and European Azure hosting. Its goal is to speed up procurement, reduce manual work, and deliver savings for large buyers, with expansion in the US.
Company Size
51-200
Company Stage
Series A
Total Funding
$30.1M
Headquarters
New York City, New York
Founded
2023
See people who can refer or advise you
Help us improve and share your feedback! Did you find this helpful?