WorkAI.TV · Jul 2026
Discusses Lio X and TÜV SÜD's use of internal organizational knowledge and procurement material as an AI knowledge source.
AI-Copilot for procurement teams at large enterprises
Company research
Public company, workplace, funding, and market signals
Updated Jul 28, 2026
Overview
Lio Technologies GmbH, formerly askLio, is a Munich-based enterprise software company building an AI procurement workforce. Its coordinated multi-agent system handles purchase requests end-to-end—understanding natural-language requests, researching suppliers, analyzing quotes, negotiating, routing approvals, onboarding vendors, and tracking deliveries across enterprise systems.
Primary product
Lio, an agentic multi-agent procurement platform / AI procurement workforce for enterprise companies.
Founded
2023
Headquarters
Munich, Germany
Team size
100-150 (company site says 120+; third-party company data reports 107 or 100-150)
Industry
Software Development / Enterprise Software
Sub-industry
Artificial intelligence for procurement and source-to-pay automation
Offices
Munich, Germany
New York City, United States
San Francisco, United States
Business model
Enterprise B2B software
Subscription or platform licensing
Enterprise procurement automation
Demo-led sales
Funding
Stage
Series A
Total raised
$33M
Latest round
Series A · Mar 2026
Latest amount
$30M
Mar 2026 · Andreessen Horowitz
Nov 2023
Jul 2023
Jan 2023
People & investors
Leadership
Founder and CEO
Co-Founder and CTO (Managing Director)
Till Wagner
Co-Founder and COO
Jared Petras
Head of US Growth
VP Sales
Vincent Nusmeier
Head of Growth
Timo Bunk
Head of Product
Jill Staebe
Head of Marketing
Work & culture
The company describes its culture through the values Outlier, Stay Hungry, Emotional Intelligence, Get Shit Done, and Zero Bullshit. Its public hiring and team materials emphasize high ownership, speed, technical ambition, customer impact, and a distributed Germany/US presence; a formal remote or hybrid policy was not found.
Compensation
Employee stock options are publicly listed. No reliable public salary bands or confirmed visa-sponsorship policy were found.
Benefits
Employee stock options (SOP)
EGYM Wellpass
Breakfast, dinner, shakes and snacks
Apple equipment
Mobility allowance
Product & market
Pricing
Enterprise pricing appears to be sales/demo-led; Lio directs prospects to request a demo. A third-party listing claims pricing from $49/month, but this is not corroborated by Lio and should not be treated as an enterprise quote.
Differentiators
- —Coordinated multi-agent workforce rather than a single copilot
- —Agents execute procurement workflows in parallel across the full purchase lifecycle
- —Natural-language intake that converts free-text requests into structured, compliant procurement actions
- —Works on top of existing ERPs, P2P systems, inboxes, contracts and systems of record
- —Agent Operating Procedures allow organizations to build and manage specialized procurement agents
- —Company-reported metrics include 85% less manual work, 10% incremental savings, over 95% adoption and 100% customer retention
Technology
Multi-agent AI systems
Large language models
Natural-language processing
Agent Operating Procedures (AOPs)
ERP and P2P integrations
Microsoft Azure Europe
Microsoft Teams integrations
Email, contracts, systems-of-record and open-web integrations
GDPR-compliant infrastructure
ISO 27001-certified operations
Customers
Munich Re
Brose
Novozymes
Schaeffler
TÜV SÜD
Global 2000 and Fortune 500 enterprises across manufacturing, chemicals, postal services, retail, transportation, medtech and pharmaceuticals
Competitors
SAP Ariba
Oracle procurement products
BPO procurement providers
Procurement consulting firms
Omnea
Scale & contact
Latest news
Procurement Magazine · Jul 2026
Profiles Lio's multi-agent procurement approach, reports company-reported adoption, workload reduction, savings and retention metrics, and describes expansion across Global 2000 and Fortune 500 customers.
Lio newsroom · Apr 2026
Important expansion milestone: Lio hired Jared Petras, formerly at Walmart, to lead U.S. growth following the Series A.
Lio newsroom · Mar 2026
Founder story/strategy piece explaining Lio's mission, product thesis, and early customer outcomes such as reduced manual work.
Andreessen Horowitz · Mar 2026
a16z explains its investment thesis and highlights Lio's technical founding team and agents operating across ERPs, records, inboxes, contracts and the open web.
Jobs and careers at askLio
20 jobs at askLio
Talent Acquisition Intern (all genders)
On-site
Business Operations
Munich Office; Munich, Bavaria, Germany
1w ago
On-site
Full-time
People Foundations Intern (all genders)
On-site
Business Operations
Munich Office; Munich, Bavaria, Germany
3w ago
On-site
Internship
Site Reliability Engineer (SRE) (m/w/d)
On-site
Engineering
Munich Office; Munich, Bavaria, Germany
1mo ago
On-site
Full-time
Python Web Crawler & PunchOut Integration Engineer (m/w/d)
Remote
Implementation
Munich Office; Munich, Bavaria, Germany
1mo ago
Remote
Full-time
Founders Associate – COO Office (Product Communication & Change Management)
On-site
Implementation
Munich Office
1mo ago
On-site
Full-time
Solution Architect (all genders)
On-site
Engineering
Munich Office
2mo ago
On-site
Full-time
Founders Associate - CEO Office (all genders)
On-site
Go-To-Market
Munich Office
5mo ago
On-site
Internship
People & Culture Manager (all genders)
On-site
Business Operations
Munich Office
5mo ago
On-site
Full-time
Account Executive (all genders)
On-site
Go-To-Market
New York Office
6mo ago
On-site
Full-time
Sales Engineer (all genders)
On-site
Go-To-Market
Munich Office
6mo ago
On-site
Internship
Forward Deployed Engineer (all genders)
On-site
Delivery
Munich Office
6mo ago
On-site
Internship
Sales Development Representative (all genders)
On-site
Go-To-Market
Munich Office
6mo ago
On-site
Internship
Sales Development Representative (all genders)
On-site
Go-To-Market
New York Office
6mo ago
On-site
Full-time
Sales Engineer (all genders)
On-site
Go-To-Market
Munich Office
6mo ago
On-site
Full-time
IT Administration & Automation Manager (all genders)
On-site
Business Enablement
Munich Office
6mo ago
On-site
Full-time
Founders Associate - COO Office (all genders)
On-site
Delivery
Munich Office
6mo ago
On-site
Internship
Forward Deployed Engineer (all genders)
On-site
Delivery
Munich Office
6mo ago
On-site
Full-time
Core Engineer (all genders)
On-site
Engineering
Munich Office
6mo ago
On-site
Full-time
AI Implementation Manager (all genders)
On-site
Delivery
Munich Office
6mo ago
On-site
Full-time
Account Executive (all genders)
On-site
Go-To-Market
Munich Office
9mo ago
On-site
Full-time