Lio (formerly askLio) YC Application

Summer 2023Active

Lio (formerly askLio) went through Y Combinator in the Summer 2023 batch as a B2B company. Below: what the company does, who founded it, and its application to YC, reconstructed question by question in the real YC form.

YC batch: Summer 2023
Industry: B2B
Team size: 80
Status: Active
Launched: 2023

Founders

Vlad KeilFounder
Lukas HeinzmannFounder
Till WagnerFounder

What Lio (formerly askLio) does

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.

Lio (formerly askLio)'s YC application, reconstructed

Y Combinator application

Lio (formerly askLio), Summer 2023 batch. The real form questions, answered from public data.

Founders2
Company7
Progress7
Idea4
Equity3
Curious2
Batch Preference1

Company

Company name

Lio (formerly askLio)

Describe what your company does in 50 characters or less.

The World's First Multi-Agent System for Procurement

What is your company going to make? Please describe your product and what it does or will do.

We built an AI procurement workforce that handles purchase requests for enterprise companies. Our system runs multiple specialized AI agents in parallel to research vendors, negotiate terms, manage approvals, and track deliveries all at once. This replaces the hours human teams used to spend, letting companies coordinate procurement through a network of AI agents instead of manual effort.

Where do you live now, and where would the company be based after YC?

We live in New York, NY, and plan to keep the company based there after YC.

Explain your decision regarding location.

New York is where our team is based and where we can best access customers and talent for enterprise B2B software, so it makes sense to stay here after YC.

21 more answers in the full application

Founders, Progress, Idea, Equity, Curious, Batch Preference are in the full version. Create a free account to open it in YC Insights, next to every other YC batch.

See full application

Frequently Asked Questions

Is this the real Lio (formerly askLio) YC application?

No. Y Combinator keeps submitted applications private. This is a reconstruction: the real YC form questions, answered from Lio (formerly askLio)'s public data (launch notes, founder backgrounds, product description). It shows how a company like Lio (formerly askLio) would present itself to YC, not the text they submitted.