Sievo, a Finnish procurement analytics SaaS provider, secured $44 million in growth equity from Susquehanna Growth Equity, the investor tells Axios.
Why it's the BFD: Sievo says the sale of the minority stake is the first time in the company's 18-year history that it has raised money. It is timed to the urgent demand for analytics as retailers and CPG brands try to better understand their supply chains given recent inventory issues.
