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.