Sievo Announces $44 Million Growth Investment From Susquehanna Growth Equity
Sep 19, 2022•about 3 years ago
Amount Raised
$44 Million
Description
Sievo (the “Company”), a leading procurement analytics SaaS provider for data-driven enterprises, today announced it has raised $44 million in growth investment from Susquehanna Growth Equity (“SGE”), an entrepreneur-centric growth equity firm exclusively focused on software and information services. This partnership marks Sievo’s first institutional investment since its founding in 2003. In conjunction with the transaction, Ben Weinberg and Aneesha Raghunathan from SGE will join the Company’s Board of Directors.
Funding Insights
Based on industry dataTech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech