Sievo is a procurement analytics SaaS provider offering Spend Analysis, Savings Lifecycle Management, Materials Forecasting, and ESG Analytics to create a procurement information hub for large enterprises. Its platform extracts, classifies, enriches, and visualizes internal and external procurement data to inform purchasing decisions and procurement operations. It recently announced a $44 million growth investment from Susquehanna Growth Equity, marking its first institutional investment since its founding in 2003. Through the partnership with SGE, Sievo plans to expand its U.S. presence from its Chicago office, scale its team and client base in the U.S., and continue strengthening its position in Europe. The company will also scale its product portfolio and roll out new services to ensure clients have faster and more reliable procurement data covering spending, savings, risk, and sustainability. As a member of the Harvest Together program, all employees at Sievo are part owners in the company.

Total raised

$44M

Funding rounds

1

Latest round

Equity

Latest activity

Sep 2022