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1496

Till Wagner

Logo
Till Wagner
CEO & Co-Founder of
Lio (2023)
About

Till Wagner is Co-Founder and COO of Lio (formerly askLio), an AI-powered procurement platform that automates enterprise purchasing workflows using agentic AI. The company is Y Combinator S23 backed and based in New York.

Before founding

Till holds a Master's degree in Management and Digital Technologies from Ludwig-Maximilians University Munich and was a recipient of the prestigious German National Academic Foundation scholarship. He previously worked at SAP, Deloitte, and AI startups including Mindpalace and loyee.io.

Founder Insights

Till's inspiration for Lio came from his frustrating experience at SAP trying to buy equipment for his successor, which led him to create procurement solutions that people can actually understand. He gained operational and analytical experience working on projects for Deloitte's biggest German client.

Experience

Lio raised $30 million in Series A funding led by Andreessen Horowitz in March 2026, bringing total funding to $33 million. The company serves dozens of Fortune 500 and Global 2000 companies including Munich Re, Brose, and Novozymes.

Scale & Impact

Lio's AI agents have managed billions of dollars in enterprise spend and helped customers automate 75% of previously outsourced procurement work within six months. The platform has grown to 80 employees and operates across New York and international markets.

1496

Till Wagner

Lio
Co-Founder
Logo
Till Wagner

Company(s)

Lio

Industry

SaaS

Year Founded

2023

Stage/Funding

Series A • $33M

Company Location

us

Connect

About

Till Wagner is Co-Founder and COO of Lio (formerly askLio), an AI-powered procurement platform that automates enterprise purchasing workflows using agentic AI. The company is Y Combinator S23 backed and based in New York.

Before founding

Till holds a Master's degree in Management and Digital Technologies from Ludwig-Maximilians University Munich and was a recipient of the prestigious German National Academic Foundation scholarship. He previously worked at SAP, Deloitte, and AI startups including Mindpalace and loyee.io.

Founder Insights

Till's inspiration for Lio came from his frustrating experience at SAP trying to buy equipment for his successor, which led him to create procurement solutions that people can actually understand. He gained operational and analytical experience working on projects for Deloitte's biggest German client.

Experience

Lio raised $30 million in Series A funding led by Andreessen Horowitz in March 2026, bringing total funding to $33 million. The company serves dozens of Fortune 500 and Global 2000 companies including Munich Re, Brose, and Novozymes.

Scale & Impact

Lio's AI agents have managed billions of dollars in enterprise spend and helped customers automate 75% of previously outsourced procurement work within six months. The platform has grown to 80 employees and operates across New York and international markets.

About

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