Lio (formerly askLio): The World's First Multi-Agent System for Procurement
Lio builds the world's most advanced AI procurement workforce for enterprise companies. Every purchase request is managed by specialized agents working in parallel—researching vendors, negotiating terms, managing approvals, and tracking deliveries simultaneously. What once consumed your team's hours is now executed by a coordinated network of AI Agents. Fortune 500 and Global 2000 companies are already using Lio.
The Problem
Employees at large enterprises struggle to understand and follow procurement rules when making purchases, leading to thousands of manual requests to procurement teams. Since many requests come in as plain text, they cannot be processed automatically.
Procurement teams spend hours of manual work to:
- Understand employee requirements
- Direct spend to existing contracts, vendors, and catalogs
- Identify and fix incorrect or missing information
- Conduct spend analysis, which is nearly impossible for text requests
This turns procurement into a costly, week-long process.
The Solution
Lio's AI-Copilot, integrated into MS Teams or P2P systems, automatically processes free-text requests. The AI:
- Refines specifications
- Takes advantage of existing contracts
- Structures purchase requirements with enriched data like purchase category
- Enables spend analysis and category management within seconds
Employees can state their request in natural language and immediately see available catalog solutions or existing vendor contracts.
Our Mission
After experiencing procurement challenges firsthand at enterprises like SAP and consulting major firms on procurement, we're leading the initiative to address operational excellence, talent shortage, and effective demand management. We're making the greatest impact on cost and risk throughout the whole procurement process.
Founders
Vlad Keil, Founder & CEO
Vlad had a profitable startup by age 22. He co-founded the AI startup Gabriel in 2021, which partnered with the German FBI. In his last position he consulted enterprises on procurement. He's now on a mission to make procurement managers superhuman.
Lukas Heinzmann, Founder
Lukas is an AI Engineer with a Master's from TUM in AI/ML. He joined one of the first employees of a startup acquired by Audi to bring AI/ML into mobile apps. As technical lead for the myAudi app, he tripled its user base and improved its star rating. He co-founded Gabriel AI to prevent telephone fraud using advanced AI algorithms and is now starting his second venture with Lio.
Till Wagner, Co-founder & COO
Till gained experience in web and app design and product-building at various AI startups, including one based in San Francisco. He has operational and analytic experience from projects at Deloitte's largest German client. While working at SAP, he struggled with their procurement software, which inspired him to create solutions that people can actually comprehend.
Latest News
Lio raises $30M from Andreessen Horowitz and others to automate enterprise procurement (TechCrunch)
