Clouds are one of the major uncertainties of the climate system. The study of cloud processes requires information on cloud physical properties, in particular liquid water path (LWP). This parameter is commonly retrieved from satellite data using look-up table approaches. However, existing LWP retrievals come with uncertainties related to assumptions inherent in physical retrievals. Here, we present a new retrieval technique for cloud LWP based on a statistical machine learning model. The approach utilizes spectral information from geostationary satellite channels of Meteosat Spinning-Enhanced Visible and Infrared Imager (SEVIRI), as well as satellite viewing geometry. As ground truth, data from CloudNet stations were used to train the model. We found that LWP predicted by the machine-learning model agrees substantially better with CloudNet observations than a current physics-based product, the Climate Monitoring Satellite Application Facility (CM SAF) CLoud property dAtAset using SEVIRI, edition 2 (CLAAS-2), highlighting the potential of such approaches for future retrieval developments.