
About
Lio is a startup that provides an AI-native platform with agentic infrastructure to automate the entire enterprise procurement process. Their AI agents handle tasks such as reading documents, evaluating suppliers, negotiating terms, and completing transactions, aiming to significantly reduce the time and cost associated with procurement.
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Frequently Asked Questions
What does Lio do?
Lio is a startup that provides an AI-native platform with agentic infrastructure to automate the entire enterprise procurement process. Their AI agents handle tasks such as reading documents, evaluating suppliers, negotiating terms, and completing transactions, aiming to significantly reduce the time and cost associated with procurement.
How much funding has Lio raised?
Lio has raised a total of $30M in funding. The most recent round on record is Series A.
When was Lio founded?
Lio was founded in 2023.
What industry does Lio operate in?
Lio operates in Enterprise Software, Artificial Intelligence, Procurement, SaaS, Agentic AI.