{"id":117802,"date":"2026-03-10T18:00:00","date_gmt":"2026-03-10T17:00:00","guid":{"rendered":"https:\/\/cms.munich-startup.net\/?p=117802"},"modified":"2026-03-09T14:50:51","modified_gmt":"2026-03-09T13:50:51","slug":"lio-raises-25-million-euros","status":"publish","type":"post","link":"https:\/\/cms.munich-startup.net\/en\/117802\/lio-raises-25-million-euros\/","title":{"rendered":"Lio raises 25.7 million euros"},"content":{"rendered":"<div class=\"entry-content\">\n<p>Munich-based startup Lio has secured \u20ac25.7 million ($30 million) in Series A funding, led by venture capital investor Andreessen Horowitz. SV Angels, investor Harry Stebbings, and Y Combinator also participated. The capital will be used to further develop the platform and expand into the US.<\/p>\n\n\n\n<p>Lio develops software for so-called agentic AI in corporate procurement. The platform is designed to automate purchasing processes that are currently manual in many companies. These include, for example, comparing offers, analyzing suppliers, negotiating, and placing orders.<\/p>\n\n\n\n<p><strong>Vlad Keil<\/strong>, Co-Founder and CEO of Lio, predicts:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&quot;The purchasing organization of the future will fundamentally change. Teams will no longer grow through additional employees or new tools, but through AI agents that perform tasks completely.&quot;<\/p>\n<\/blockquote>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>AI agents take over purchasing processes<\/strong><\/h2>\n\n\n\n<p>The platform works with specialized partners. <a href=\"\/en\/day\/artificial-intelligence-2\/\">AI<\/a>-Agents who work on procurement processes in parallel. They analyze suppliers, compare offers, coordinate approvals, and trigger orders. The systems access existing company software such as ERP systems, email inboxes, contract data, or web sources.<\/p>\n\n\n\n<p>Lio refers to this approach as &quot;Agent Operating Procedures.&quot; The underlying idea is that AI systems can independently execute standardized purchasing processes.<\/p>\n\n\n\n<p>According to the startup, its AI agents now manage procurement volumes in the billions. Since the platform&#039;s launch in 2023, several large industrial companies have been using the technology. Customers include the reinsurer Munich Re, the automotive supplier Brose, and the biotechnology company Novozymes.<\/p>\n\n\n\n<p><strong>Jared Petras<\/strong>, Senior Director of Global Procurement Digital Transformation at Walmart, confirms from a user perspective:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&quot;Agent AI systems will be crucial in determining how companies structure their purchasing organization in the future.&quot;<\/p>\n<\/blockquote>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Boost for Munich&#039;s startup ecosystem&nbsp;<\/strong><\/h2>\n\n\n\n<p>Procurement is considered particularly complex, especially in large industrial companies. These companies spend large sums annually on personnel in procurement, while software has so far only automated a small part of these processes.<\/p>\n\n\n\n<p>This development is also relevant for Munich&#039;s startup ecosystem because several large industrial companies from the surrounding region are among the users of the technology. Munich Re and Brose are among the companies that, according to <a href=\"https:\/\/lio.ai\/\" target=\"_blank\" rel=\"noreferrer noopener\">Lio<\/a> already working with the platform.<\/p>\n\n\n\n<p>This reveals a typical pattern in the B2B software market: Young technology companies develop specialized AI applications, which large industrial companies test as early testers.<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>With the Series A funding, Lio is scaling its platform for automated purchasing processes. Its customers include companies from the Munich industrial sector, such as Munich Re and Brose.<\/p>","protected":false},"author":52,"featured_media":117803,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[5633,5638,1,4483],"tags":[52,3117,5567],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Lio sammelt 25,7 Millionen Euro ein - Munich Startup<\/title>\n<meta name=\"description\" content=\"Lio erh\u00e4lt 25,7 Mio. Euro Series-A-Finanzierung und skaliert seine KI-gest\u00fctzte Automatisierungsplattform f\u00fcr Beschaffungsprozesse.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cms.munich-startup.net\/en\/117802\/lio-raises-25-million-euros\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lio sammelt 25,7 Millionen Euro ein - Munich Startup\" \/>\n<meta property=\"og:description\" content=\"Lio erh\u00e4lt 25,7 Mio. Euro Series-A-Finanzierung und skaliert seine KI-gest\u00fctzte Automatisierungsplattform f\u00fcr Beschaffungsprozesse.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cms.munich-startup.net\/en\/117802\/lio-raises-25-million-euros\/\" \/>\n<meta property=\"og:site_name\" content=\"Munich Startup\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/munichstartup\/\" \/>\n<meta property=\"article:published_time\" content=\"2026-03-10T17:00:00+00:00\" \/>\n<meta name=\"author\" content=\"Saskia M\u00fcller\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@munich_startup\" \/>\n<meta name=\"twitter:site\" content=\"@munich_startup\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Saskia M\u00fcller\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cms.munich-startup.net\/117802\/lio-sammelt-25-millionen-euro-ein\/\",\"url\":\"https:\/\/cms.munich-startup.net\/117802\/lio-sammelt-25-millionen-euro-ein\/\",\"name\":\"Lio sammelt 25,7 Millionen Euro ein - Munich Startup\",\"isPartOf\":{\"@id\":\"https:\/\/cms.munich-startup.net\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cms.munich-startup.net\/117802\/lio-sammelt-25-millionen-euro-ein\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cms.munich-startup.net\/117802\/lio-sammelt-25-millionen-euro-ein\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2026\/03\/All-Founders-e1773053615359.jpg\",\"datePublished\":\"2026-03-10T17:00:00+00:00\",\"author\":{\"@id\":\"https:\/\/cms.munich-startup.net\/#\/schema\/person\/92292a8824488b08512ecfe3d1043986\"},\"description\":\"Lio erh\u00e4lt 25,7 Mio. Euro Series-A-Finanzierung und skaliert seine KI-gest\u00fctzte Automatisierungsplattform f\u00fcr Beschaffungsprozesse.\",\"breadcrumb\":{\"@id\":\"https:\/\/cms.munich-startup.net\/117802\/lio-sammelt-25-millionen-euro-ein\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cms.munich-startup.net\/117802\/lio-sammelt-25-millionen-euro-ein\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cms.munich-startup.net\/117802\/lio-sammelt-25-millionen-euro-ein\/#primaryimage\",\"url\":\"https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2026\/03\/All-Founders-e1773053615359.jpg\",\"contentUrl\":\"https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2026\/03\/All-Founders-e1773053615359.jpg\",\"width\":2400,\"height\":1200,\"caption\":\"Lio-Gr\u00fcnderteam (v.l.n.r.): Till Wagner, Vlad Keil, Lukas Heinzmann\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cms.munich-startup.net\/117802\/lio-sammelt-25-millionen-euro-ein\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cms.munich-startup.net\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Lio sammelt 25,7 Millionen Euro ein\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cms.munich-startup.net\/#website\",\"url\":\"https:\/\/cms.munich-startup.net\/\",\"name\":\"Munich Startup\",\"description\":\"Das offizielle Startup-Portal f\u00fcr M\u00fcnchen\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/cms.munich-startup.net\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/cms.munich-startup.net\/#\/schema\/person\/92292a8824488b08512ecfe3d1043986\",\"name\":\"Saskia M\u00fcller\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cms.munich-startup.net\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/f298b4143ed3898153ac7cd9e2ca8425?s=96&d=blank&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/f298b4143ed3898153ac7cd9e2ca8425?s=96&d=blank&r=g\",\"caption\":\"Saskia M\u00fcller\"},\"description\":\"Nach zwei erfolgreichen eigenen Gr\u00fcndungen und einer langj\u00e4hrigen T\u00e4tigkeit in der Presse- und Medienlandschaft verst\u00e4rkt Saskia nun die Redaktion von Munich Startup.\",\"url\":\"https:\/\/cms.munich-startup.net\/en\/author\/smueller\/\"}]}<\/script>\n<meta property=\"og:image\" content=\"https:\/\/cms.munich-startup.net\/en\/wp-content\/uploads\/2026\/03\/All-Founders-e1773053615359.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2400\" \/>\n\t<meta property=\"og:image:height\" content=\"1200\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Lio raises \u20ac25.7 million - Munich Startup","description":"Lio receives \u20ac25.7 million in Series A funding and scales its AI-powered automation platform for procurement processes.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cms.munich-startup.net\/en\/117802\/lio-raises-25-million-euros\/","og_locale":"en_US","og_type":"article","og_title":"Lio sammelt 25,7 Millionen Euro ein - Munich Startup","og_description":"Lio erh\u00e4lt 25,7 Mio. Euro Series-A-Finanzierung und skaliert seine KI-gest\u00fctzte Automatisierungsplattform f\u00fcr Beschaffungsprozesse.","og_url":"https:\/\/cms.munich-startup.net\/en\/117802\/lio-raises-25-million-euros\/","og_site_name":"Munich Startup","article_publisher":"https:\/\/www.facebook.com\/munichstartup\/","article_published_time":"2026-03-10T17:00:00+00:00","author":"Saskia M\u00fcller","twitter_card":"summary_large_image","twitter_creator":"@munich_startup","twitter_site":"@munich_startup","twitter_misc":{"Written by":"Saskia M\u00fcller","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/cms.munich-startup.net\/117802\/lio-sammelt-25-millionen-euro-ein\/","url":"https:\/\/cms.munich-startup.net\/117802\/lio-sammelt-25-millionen-euro-ein\/","name":"Lio raises \u20ac25.7 million - Munich Startup","isPartOf":{"@id":"https:\/\/cms.munich-startup.net\/#website"},"primaryImageOfPage":{"@id":"https:\/\/cms.munich-startup.net\/117802\/lio-sammelt-25-millionen-euro-ein\/#primaryimage"},"image":{"@id":"https:\/\/cms.munich-startup.net\/117802\/lio-sammelt-25-millionen-euro-ein\/#primaryimage"},"thumbnailUrl":"https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2026\/03\/All-Founders-e1773053615359.jpg","datePublished":"2026-03-10T17:00:00+00:00","author":{"@id":"https:\/\/cms.munich-startup.net\/#\/schema\/person\/92292a8824488b08512ecfe3d1043986"},"description":"Lio receives \u20ac25.7 million in Series A funding and scales its AI-powered automation platform for procurement processes.","breadcrumb":{"@id":"https:\/\/cms.munich-startup.net\/117802\/lio-sammelt-25-millionen-euro-ein\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cms.munich-startup.net\/117802\/lio-sammelt-25-millionen-euro-ein\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cms.munich-startup.net\/117802\/lio-sammelt-25-millionen-euro-ein\/#primaryimage","url":"https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2026\/03\/All-Founders-e1773053615359.jpg","contentUrl":"https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2026\/03\/All-Founders-e1773053615359.jpg","width":2400,"height":1200,"caption":"Lio-Gr\u00fcnderteam (v.l.n.r.): Till Wagner, Vlad Keil, Lukas Heinzmann"},{"@type":"BreadcrumbList","@id":"https:\/\/cms.munich-startup.net\/117802\/lio-sammelt-25-millionen-euro-ein\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cms.munich-startup.net\/"},{"@type":"ListItem","position":2,"name":"Lio sammelt 25,7 Millionen Euro ein"}]},{"@type":"WebSite","@id":"https:\/\/cms.munich-startup.net\/#website","url":"https:\/\/cms.munich-startup.net\/","name":"Munich Startup","description":"The official startup portal for Munich","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/cms.munich-startup.net\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/cms.munich-startup.net\/#\/schema\/person\/92292a8824488b08512ecfe3d1043986","name":"Saskia M\u00fcller","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cms.munich-startup.net\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/f298b4143ed3898153ac7cd9e2ca8425?s=96&d=blank&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/f298b4143ed3898153ac7cd9e2ca8425?s=96&d=blank&r=g","caption":"Saskia M\u00fcller"},"description":"After two successful startups of her own and many years of experience in the press and media landscape, Saskia is now joining the editorial team at Munich Startup.","url":"https:\/\/cms.munich-startup.net\/en\/author\/smueller\/"}]},"og_image":[{"width":2400,"height":1200,"url":"https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2026\/03\/All-Founders-e1773053615359.jpg","type":"image\/jpeg"}]},"_showyear":"","_inactive":"","_show_financing":"","_hide_on_map":"","_edit_lock":"1773390422:50","_edit_last":"25","_yoast_wpseo_focuskw":"Lio Series A","_yoast_wpseo_metadesc":"Lio erh\u00e4lt 25,7 Mio. Euro Series-A-Finanzierung und skaliert seine KI-gest\u00fctzte Automatisierungsplattform f\u00fcr Beschaffungsprozesse.","_yoast_wpseo_linkdex":"75","_thumbnail_id":"117803","wbounce_status":"default","_yoast_wpseo_primary_category":"5633","_yoast_wpseo_focuskw_text_input":"","_yoast_wpseo_content_score":"90","ms_image_format":"contentwidth","_ms_image_format":"field_5cb8587572c8b","ms_dachzeile":"","_ms_dachzeile":"field_5cd9b7f365df5","ms_bump_post_date":"","_ms_bump_post_date":"field_5d1341edcf42a","guest_author_name":"","_guest_author_name":"field_5cee78a6016f9","guest_author_image":"","_guest_author_image":"field_5cee7914016fb","guest_author_description":"","_guest_author_description":"field_5cee78dd016fa","ms_post_image_caption":"","_ms_post_image_caption":"field_5f735b0735284","ms_post_image_credit":"","_ms_post_image_credit":"field_5f735b1435285","suppress_startupbox":"0","_suppress_startupbox":"field_60a64b0b6efc6","_yoast_wpseo_estimated-reading-time-minutes":"2","_wp_old_date":"","_yoast_wpseo_title":"","_yoast_wpseo_wordproof_timestamp":"","footnotes":"","easy_language_simplification_original_id":"","easy_language_source_language":"","easy_language_simplification_language":"","easy_language_api":"","easy_language_prevent_automatic_mode":"","_wp_old_slug":"","_wp_trash_meta_status":"","_wp_trash_meta_time":"","easy_language_simplification_state_changed_from":"","easy_language_de_EL_changed":"","ms_competition_deadline":"","_ms_competition_deadline":"","_wpbitly":"","enclosure":"","_yoast_wpseo_meta-robots-noindex":"","_yoast_wpseo_meta-robots-nofollow":"","wbounce_template":"","wbounce_title":"","wbounce_text":"","wbounce_cta":"","wbounce_url":"","wbounce_override":"","_yoast_wpseo_opengraph-title":"","_yoast_wpseo_opengraph-description":"","_oembed_7131efca3705e16bd9da2c41df237660":"","_oembed_time_7131efca3705e16bd9da2c41df237660":"","_pprredirect_type":"","_pprredirect_url":"","_yoast_wpseo_opengraph-image":"","_yoast_wpseo_opengraph-image-id":"","_newsletterglue":"","easy_language_text_language":"","_wp_desired_post_slug":"","_relevanssi_noindex_reason":"","_links":{"self":[{"href":"https:\/\/cms.munich-startup.net\/en\/wp-json\/wp\/v2\/posts\/117802"}],"collection":[{"href":"https:\/\/cms.munich-startup.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cms.munich-startup.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cms.munich-startup.net\/en\/wp-json\/wp\/v2\/users\/52"}],"replies":[{"embeddable":true,"href":"https:\/\/cms.munich-startup.net\/en\/wp-json\/wp\/v2\/comments?post=117802"}],"version-history":[{"count":5,"href":"https:\/\/cms.munich-startup.net\/en\/wp-json\/wp\/v2\/posts\/117802\/revisions"}],"predecessor-version":[{"id":117829,"href":"https:\/\/cms.munich-startup.net\/en\/wp-json\/wp\/v2\/posts\/117802\/revisions\/117829"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cms.munich-startup.net\/en\/wp-json\/wp\/v2\/media\/117803"}],"wp:attachment":[{"href":"https:\/\/cms.munich-startup.net\/en\/wp-json\/wp\/v2\/media?parent=117802"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cms.munich-startup.net\/en\/wp-json\/wp\/v2\/categories?post=117802"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cms.munich-startup.net\/en\/wp-json\/wp\/v2\/tags?post=117802"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}