logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

Sievo Announces $44 Million Growth Investment From Susquehanna Growth Equity

Sep 19, 2022about 3 years ago

Amount Raised

$44 Million

HelsinkiSaasAgriculture and FarmingSoftwareAnalytics

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.

Company Information

Company

Sievo

Location

Mikonkatu

Helsinki, Uusimaa, Finland

About

Sievo is a leading procurement analytics solution for data-driven enterprises. Sievo gives procurement, finance, sustainability and leadership teams a single source of truth and radical transparency to all sourcing decisions from choosing the right suppliers and delivering savings, to enabling a sustainable, diverse and resilient supply base. Sievo masters the art of extracting, classifying, enriching and visualizing procurement data into actionable insights. As a member of the Harvest Together program, all employees across Sievo are part owners in the company. More information is available at Sievo.com.

Related People

3 contacts

Sign in to view contact details

Sign in to view contact details

Sign in to view contact details

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech