Conlio raises €6.4M seed to automate the financial back-office of European road freight

Conlio (Berlin) has raised €6.4 million in a seed round led by Piton Capital, with participation from WaVe-X, Haufe Group Ventures, and F-LOG Ventures as new investors, alongside existing backers System.One, Puzzle Ventures, BOOOM Ventures, and Yellow.

The company was founded by Claudio Consul, who previously worked as an investor before joining sennder — the Berlin digital freight forwarder — and then building Conlio to address the financial process gap he observed inside the industry. The round follows an earlier seed of approximately €2.2 million.

What Conlio automates

European road freight runs on a dense layer of financial documentation: delivery notes confirming cargo received, carrier invoices billing for completed services, credit notes adjusting disputes, and payment processing across multiple currencies and national formats. For a mid-sized freight forwarder handling thousands of shipments a week, manually checking this document flow is a significant operational cost.

Conlio's AI platform verifies delivery notes against carrier invoices, flags discrepancies, and reconciles the full financial trail with minimal human review. The company reports that its platform automates more than 90% of document checks for its customers — mid-sized and large road freight forwarders currently operating in Germany, the UK, Spain, and Denmark.

The €6.4M and what it funds

The seed finances platform development and market expansion. Haufe Group Ventures brings more than financial capital: Haufe Group is an established software and content provider to mid-sized German businesses, including many of the logistics firms in Conlio's target market. That relationship translates into warm introductions that cold-outreach enterprise sales cannot replicate efficiently.

F-LOG Ventures, a logistics-focused fund, provides domain expertise and an investor network inside the European freight community — meaningful for a company whose value proposition depends on accurate industry-specific document processing.

The commercial logic is straightforward: road freight financial operations scale linearly with shipment volume, while Conlio's platform cost scales sub-linearly once trained. The more shipments a customer moves, the larger the gap between manual processing cost and automated processing cost. The seed funds Conlio's ability to reach the customer density at which that gap becomes a category-defining ROI argument. Document accuracy at scale — and across the full range of European carrier formats — is the technical risk.