Conlio raises €6.4 million for AI freight financial automation
Piton Capital led the round, with strategic logistics investors joining as the Berlin company expands across Europe.
Conlio has raised €6.4 million in a funding round led by Piton Capital. Haufe Group Ventures, WaVe-X and F-LOG participated, alongside existing investors System.One, Puzzle Ventures, Booom and Yellow.
The company checks freight documents against shipment details and agreed rates before an invoice moves to payment. It connects with transport management and accounting systems, allowing finance teams to concentrate on exceptions.
The financing will support product development, hiring and European expansion. WaVe-X and F-LOG bring connections to the WALTER Group and FIEGE respectively, linking the startup with established logistics businesses.
Use of funds
Product development
Hiring
European expansion