References/20 Sep 2022

Borenius advised Sievo on a USD 44 million growth investment

We advised Sievo Oy and its founders on the company’s Series A round of financing in which Susquehanna Growth Equity invested USD 44 million in Sievo.

Headquartered in Helsinki, Finland, Sievo is a leading procurement analytics SaaS provider for data-driven enterprises. Sievo’s mission is to help leading businesses navigate real-world supply chain events and events with economic and environmental aspects while promoting business value through best-of-breed spend management software and world-class services.

Sievo’s SaaS procurement analytics solutions, which include Spend Analysis, Savings Lifecycle Management, Materials Forecasting, and ESG Analytics, enable large enterprises to create and maintain a procurement information hub that efficiently analyses complex, often disparate external and internal data sets to promote better-informed purchasing decisions and overall procurement operations.

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Service areas

Team

Samuli Simojoki

Partner

Helsinki

Henrik Uoti

Associate

Helsinki

Jon Jokelin

Associate

Helsinki

Heikki Wahlroos

Partner

Helsinki

Mikko Vesikivi

Associate

Helsinki