Lio raised $30 million in a Series A round led by Andreessen Horowitz to deploy AI agents across enterprise procurement operations. The funding brings the company’s total capital to $33 million as it scales from fragmented manual processes to autonomous workflow execution.

Enterprise procurement remains a critical bottleneck where companies spend significant resources on unstructured, repetitive tasks. Each purchase order requires navigating ERP systems, contract management platforms, supplier databases, compliance checks, and budget reconciliation—processes that can take weeks even with modern eProcurement software. This manual overhead forces companies to build large internal teams or outsource operations, creating delays and inflated costs across enterprise spending.

95% of AI agent deployments fail in the transition from pilot to production, according to enterprise adoption data. Unlike traditional software that follows predictable code paths, agents built on large language models introduce unprecedented variance that breaks conventional testing approaches.

LangWatch has open-sourced a comprehensive evaluation platform designed to solve this infrastructure bottleneck. The platform provides systematic testing, tracing, and simulation capabilities that move agent engineering away from anecdotal validation toward data-driven development lifecycle management.

Enterprise AI adoption has hit a governance wall. 93% of executives report challenges implementing AI governance and security guardrails, according to new research, creating a trust crisis that’s blocking the transition from pilot programs to production systems at scale.

JetStream, founded by CrowdStrike’s former Chief Product Officer Raj Rajamani and other cybersecurity veterans, has raised $34 million in seed funding to tackle what the company calls “the trust problem with AI.” The Redpoint Ventures-led round includes backing from CrowdStrike CEO George Kurtz, Wiz CEO Assaf Rappaport, and Okta co-founder Frederic Kerrest.