Startup profile for Lio: what they do, why they are interesting, stage (series a), industries, and links to our funding articles. Part of the Venture Capital Tracker startup directory.

Startup profile · funding coverage

Lio

Agentic AI platform automating enterprise procurement workflows end-to-end.

Stage

series a

Status

private

Coverage

full

Why Lio is interesting

Lio (formerly askLio) deploys AI agents as a virtual procurement workforce — a16z-led $30M Series A (Mar 2026) as enterprises look to cut the $180B+ spent on procurement headcount vs. software.

Key facts

  • Series A (Mar 2026): $30M led by a16z; SV Angel, Harry Stebbings, Y Combinator named (PR Newswire/TechCrunch)
  • Co-investors: YC and SV Angel not in VCT directory — no additional institutional investors disclosed in public sources reviewed 2026-07-24

Investors in our directory

Funds linked from Lio's profile — open a fund page for stage focus and related deal articles.

Industries

Enterprise SaaS AI & Machine Learning

Industry hub pages are rolling out from our fund-derived baseline taxonomy.

Related funding articles

Venture Capital Tracker pieces that cover Lio's financing or category context.

Last updated: 2026-07-24