Conlio Raises €6.4M to Automate Freight Document Checks

Berlin-based Conlio has secured €6.4 million in funding to automate one of the most manual processes in road freight: verification of CMR consignment notes, delivery proofs, and carrier invoices before forwarders pay carriers or invoice customers. The round was led by Piton Capital and includes backing from logistics groups WaVe-X (WALTER GROUP's venture arm) and F-LOG Ventures (FIEGE's venture fund), signaling strong industry confidence in using AI to address a critical working capital bottleneck. Conlio's software addresses a structural pain point in European road freight operations. Forwarders currently must manually verify documents in multiple formats and languages, handle handwritten annotations, and apply context-specific rules that vary by customer, route, and geography.

According to Conlio, the software can automate more than 90% of these checks and potentially increase EBIT by up to 30% for forwarders with €100 million in annual revenue. The company operates across Germany, the UK, Spain, and Denmark in a €440 billion market. The timing reflects broader industry tailwinds for logistics automation technology. Industry giants like Trimble have acknowledged weakening European freight markets, making operational efficiency gains more valuable.

Conlio founder and CEO Claudio Consul brings credibility: he previously served as SVP of product at sennder, a Berlin-based digital freight forwarder valued over $1 billion. The company plans to expand its technology team and geographic footprint across Europe, positioning document automation as a gateway to broader supply chain finance innovation.