Berlin Startup Conlio Raises EUR 6.4 Million for Freight Document Verification AI
The round was backed by forwarder-linked investors WALTER GROUP's WaVe-X and FIEGE's F-LOG Ventures, alongside Piton Capital and Haufe Group Ventures.
Conlio, a Berlin-based technology startup, has raised EUR 6.4 million to develop artificial intelligence for verifying freight documentation. The round was led by Piton Capital, with participation from Haufe Group Ventures, WaVe-X, the venture arm of Austrian logistics group WALTER GROUP, and F-LOG Ventures, the investment fund of FIEGE. The funding was announced on 3 November 2026, with follow-up sector coverage published on 5-6 November.
The company's software reads CMR consignment notes, proofs of delivery and carrier invoices, checks them against transport orders, and passes validated data to downstream invoicing and payment processes. Vendor claims state that more than 90 percent of document checks can be automated and that forwarder EBIT could rise by up to 30 percent; these figures are vendor-reported and not independently verified.
The investor lineup drew attention in sector media because two major forwarding groups opted to buy the capability rather than build it in-house. In the same week, CO3 acquired Kinver, an Oslo-based freight invoice and contract audit software firm, extending the consolidation around document verification.