askLio
askLio, previously known as Trado, is a B2B company based in San Francisco, CA, and Munich, Germany, that provides AI copilots to enhance procurement processes, reducing manual work by 80% and saving enterprises $2.6M annually.
Company History
askLio, formerly known as Trado and ask Lio, has undergone a series of rebrands in its history. The company specializes in providing AI-based solutions for procurement teams in enterprises. They participated in the S23 batch of Y Combinator, showcasing their innovative offerings to a broader audience.
Locations and Regional Operations
askLio operates from two key locations: San Francisco, CA, USA, and Munich, BY, Germany. Their services are extended to multiple regions, including the United States of America, Germany, America/Canada, and Europe. The company's global reach is indicative of its commitment to serving renowned companies worldwide.
Product Offering
askLio offers AI copilots designed to assist procurement teams in large enterprises, significantly reducing manual work by 80% and saving an average of $2.6 million annually. Their product leverages ChatGPT to automate free-text requests, streamlining procurement processes. A demo request option is available on their website, and there is a waitlist for new customers.
Technological Utilization
The company utilizes a suite of technology tools to enhance user engagement and operational efficiency. They use Typeform and Google Forms for form creation and data collection, Calendly for appointment scheduling, and conduct online conferences via Microsoft Teams. Website analytics and user behavior are tracked using Google Analytics and Hotjar, while Meta Pixel is employed for conversion rate measurement and advertising. They disseminate newsletters through Mailchimp and embed multimedia content using YouTube and Vimeo.
Industry Focus
Operating in the B2B sector, askLio focuses on enterprise software solutions for procurement. By employing artificial intelligence and generative AI technologies, the company aims to simplify and enhance the efficiency of procurement processes for large enterprises. Their industry-specific solutions are a testament to their expertise and commitment to innovation in this field.