Fundz

Sievo Announces $44 Million Growth Investment From Susquehanna Growth Equity

PRIVATESep 19, 2022

Amount Raised

$44 Million

Round Type

Private Equity

HelsinkiAgriculture and FarmingSoftwareAnalyticsSaaS

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.

Quick answer

Sievo raised $44 Million in a Private Equity round, dated September 19, 2022. Sievo is based in Helsinki, Uusimaa, Finland.

How much did Sievo raise?
Sievo raised $44 Million in a Private Equity round on September 19, 2022.
What does Sievo do?
Sievo is a leading procurement analytics solution for data-driven enterprises.
Where is Sievo based and how big is it?
Sievo is based in Helsinki, Uusimaa, Finland.

Source: Fundz verified event record.

Who else raised in Agriculture and Farming and Analytics around the same time

Companies in the same sectors as Sievo that raised within 45 days of this round, from Fundz verified event records.

  • CoLabs QOF raised $2.3M (Seed) on November 1, 2022.
  • QualSights raised $7.7M on October 28, 2022.
  • Cinchy raised $15M (Series B) on October 27, 2022.
  • Unito raised $20M (Funding Round) on October 26, 2022.
  • Tellius raised $16M (Funding Round) on October 20, 2022.
  • Velotix raised $10M (Seed) on October 20, 2022.

Who to call at Sievo, and when

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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.

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Sievo raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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