Tech Company Financing Transactions
Lio Technologies Funding Round
Andreessen Horowitz, private investors and SV Angel participated in a $30 million Series A venture round for Lio Technologies. The round was announced on 3/5/2026.
Transaction Overview
Company Name
Announced On
3/5/2026
Transaction Type
Venture Equity
Amount
$30,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to accelerate product development and support its expansion into the U.S.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
524 Broadway
New York, NY 10012
USA
New York, NY 10012
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Lio (formerly askLio) is an AI-native platform designed to automate the entire enterprise procurement cycle using an autonomous multi-agent workforce. Founded in 2023, the company enables businesses to reduce manual procurement work by up to 85% and achieve 10% incremental savings through automated negotiations and vendor evaluation.
Management Team
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Where The Data Comes From
We do our best to report on all VC transactions involving tech companies. All VC database entries on this site are sourced from a variety of public sources. The information is sourced from VentureDeal.com, an affiliated venture.
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