About Sievo
Sievo is a company based in Helsinki (Finland) founded in 2003.. Sievo has raised $44 million across 1 funding round from investors including Susquehanna Growth Equity. Sievo operates in a competitive market with competitors including Coupa, Sage Group, Tipalti, Emburse and Airbase, among others.
- Headquarter Helsinki, Finland
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$44 M (USD)
in 1 rounds
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Latest Funding Round
$44 M (USD), Series C
Sep 19, 2022
- Investors
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Employee Count
Employee Count
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Data Analysis and Operations Team
24 people
Sales and Marketing
17 people
Software Development Team
16 people
Product Management Team
11 people
Leadership Team
8 people
Creative and Marketing Team
5 people
Head Team
4 people
Project Team
4 people
Unlock access to complete
Funding Insights of Sievo
Sievo has successfully raised a total of $44M through 1 strategic funding round. The most recent funding activity was a Series C round of $44 million completed in September 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series C — $44.0M
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First Round
First Round
(19 Sep 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2022 | Amount | Series C - Sievo | Valuation | Susquehanna Growth Equity |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Sievo
Sievo has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Susquehanna Growth Equity. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Private equity firm
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Sievo
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Sievo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Sievo Comparisons
Competitors of Sievo
Sievo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Coupa, Sage Group, Tipalti, Emburse and Airbase, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based end-to-end spend management software is delivered for businesses.
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| domain | founded_year | HQ Location |
Cloud-based accounting and payroll solutions for small and medium businesses
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| domain | founded_year | HQ Location |
Cloud-based procurement and invoice management solutions are offered to businesses.
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| domain | founded_year | HQ Location |
Corporate cards and expense management are offered to businesses.
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| domain | founded_year | HQ Location |
Procure-to-pay management software is offered for business operations.
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| domain | founded_year | HQ Location |
Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Sievo
Frequently Asked Questions about Sievo
When was Sievo founded?
Sievo was founded in 2003 and raised its 1st funding round 19 years after it was founded.
Where is Sievo located?
Sievo is headquartered in Helsinki, Finland.
Is Sievo a funded company?
Sievo is a funded company, having raised a total of $44M across 1 funding round to date. The company's 1st funding round was a Series C of $44M, raised on Sep 19, 2022.
What does Sievo do?
Sievo was founded in 2003 in Helsinki, Finland, and operates in the procurement software sector. SaaS modular tools are offered for analyzing past purchases, predicting future spending, and managing savings from concept to cash realization. Services include procurement controlling, spend analysis, savings program oversight, and budgeting with forecasting capabilities, all delivered via cloud-based platforms.
Who are the top competitors of Sievo?
Sievo's top competitors include Coupa, Sage Group and Airbase.
Who are Sievo's investors?
Sievo has 1 investor. Key investors include Susquehanna Growth Equity.