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Lio (formerly askLio) (YC S23) — The World's first Multi-Agent system for procurement

Lio (formerly known as askLio) builds the world's most advanced AI procurement workforce for enterprise companies worldwide. Every purchase request is managed by specialized agents working in parallel - researching vendors, negotiating terms, managing approvals, and tracking deliveries simultaneously.

Lio (formerly askLio) is a Y Combinator company in the Summer 2023 batch. Its directory entry describes it as: The World's First Multi-Agent System for Procurement. The founders listed are Vlad Keil (Founder), Lukas Heinzmann (Founder), Till Wagner (Founder) (Y Combinator directory entry, July 23, 2023).

6 more companies from YC Summer 2023 ↓

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Lio (formerly askLio)

New accelerator entry · 2023-07-23 · the record

Summer 2023
batch
80
people
Growth
stage
Germany
region
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What the record says

BatchSummer 2023
Announced2023-07-23
StageGrowth
StatusActive
Team size80
IndustryB2B
Sub-industryB2B
RegionsGermany, Europe
BasedGermany
HiringNo
Sitehttps://www.lio.ai
Founded2023
YC group partnerTom Blomfield
Previously known asTrado, ask Lio, askLio

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Also in YC Summer 2023

Same batch, B2B first.

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In their words

Lio (formerly known as askLio) builds the world's most advanced AI procurement workforce for enterprise companies worldwide. 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. The most renowned Fortune 500 and Global 2000 companies in the world are already using Lio.

Want the whole picture on Lio (formerly askLio)?

Example from a real report (our sample on Target): “The Q2 2026 earnings report, published August 19, 2026, showed adjusted EPS of $2.46 against an expected $2.33” Source: CNBC

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  4. Who Runs It, And How To Reach Them

  5. The Money: Funding, Valuation, Runway

  6. Who Pays Them, And Who They Are Up Against

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  8. Sources

    1 cited source found

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Sourced from the company's Y Combinator directory entry.

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Lio (formerly askLio): Accepted into Y Combinator Summer 2023
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Permanent URL: https://mentionfox.com/funding/yc-lio
Last updated 2026-11-01
Primary record: Y Combinator directory entry
Lio (formerly askLio) (YC S23) — The World's first Multi-Agent system for procurement. MentionFox, 2026-11-01. https://mentionfox.com/funding/yc-lio