Draft:Sievo

Sievo is a Finnish software as a service (SaaS) company that specializes in procurement analytics.

History

Sievo was founded in 2003 by Sammeli Sammalkorpi and Matti Sillanpää in Helsinki. In 2017, a subsidiary corporation, Sievo Inc., was established in Chicago, Illinois, USA, and in 2022, a second subsidiary named Sievo Procurement Analytics S.R.L. was founded in Bucharest, Romania. In 2022, Sievo announced $44 Million growth investment from Susquehanna Growth Equity. Technology

Sievo software provides procurement analytics solutions for spend analysis, contract management, CO2 analytics, spend forecasting and benchmarking. Sievo has been listed in the Spend Matters Almanac’s 50 procurement providers to know for 2023 and has received the Procurement Technology Award from the World Procurement Awards, organized in association with Ivalua.