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Susquehanna Growth Equity led a $44m round in Sievo.

Synopsis

Susquehanna Growth Equity, a growth equity firm, led a $44m round in Sievo, a procurement analytics SaaS provider. “In just the last few years, there have been substantial supply chain shocks emerging from several events such as Covid 19, the conflict in Ukraine, an increasing focus on ESG-centric business practices, and the recent rise of inflation. Companies cannot predict every event – but the companies that are quickest and most strategic to react and make the right decisions will have the competitive advantage against slower-moving peers. The dire need among enterprises for faster and deeper data and analytics could not be more apparent amid the current environment,” Sammeli Sammalkorpi, Sievo CEO and Co-Founder.

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