{
  "license": {
    "name": "CC BY 4.0",
    "url": "https://creativecommons.org/licenses/by/4.0/"
  },
  "cite_as": "Newsprint, \"Sievo: what it sells, price and AI features\", https://www.newsprint.com/companies/sievo/, updated 2026-11-11",
  "updated_at": "2026-11-11",
  "url": "https://www.newsprint.com/companies/sievo/",
  "markdown_url": "https://www.newsprint.com/companies/sievo.md",
  "title": "Sievo: what it sells, price and AI features",
  "opening_answer": "Sievo is on the AI procurement software map. We record 3 dated launches and events for it. The latest is dated Jan. 28, 2026.",
  "period": "May 15, 2025 to Jan. 28, 2026",
  "methodology_url": "https://www.newsprint.com/updates/pr-software/#methodology",
  "company": {
    "id": "CVWQQ5T",
    "slug": "sievo",
    "name": "Sievo",
    "aliases": [],
    "site": "https://sievo.com/",
    "summary": "Procurement analytics for large enterprises: \"Sievo provides actionable procurement analytics based on data you can trust.\" Procurement, finance, IT and sustainability teams use it for spend analysis, savings tracking, forecasting and ESG. Sievo AI classifies spend, normalizes suppliers and harmonizes materials, adds a self-service GenAI assistant, and turns insights into one-click actions.",
    "founded": 2003,
    "categories": [
      "spend"
    ],
    "status": "active",
    "price_note": null,
    "update_channels": [],
    "updated_at": "2026-11-11",
    "off_map": null,
    "merged_into": null,
    "category_names": [
      "Spend analytics"
    ]
  },
  "confirmed_product_launches": 0,
  "dated_product_launches": 0,
  "undated_launches": 0,
  "launches_data_url": "https://www.newsprint.com/data/launches.json",
  "count": 0,
  "launches": [],
  "launch_list": false,
  "indexed": true,
  "summary": {
    "text": "Procurement analytics for large enterprises: \"Sievo provides actionable procurement analytics based on data you can trust.\" Procurement, finance, IT and sustainability teams use it for spend analysis, savings tracking, forecasting and ESG. Sievo AI classifies spend, normalizes suppliers and harmonizes materials, adds a self-service GenAI assistant, and turns insights into one-click actions.",
    "source": {
      "name": "sievo.com",
      "url": "https://sievo.com/"
    },
    "from": "record"
  },
  "maps": [
    {
      "map": "procurement-software",
      "title": "The AI procurement software map",
      "url": "https://www.newsprint.com/research/procurement-software/#co-sievo",
      "section": "companies",
      "name": "Sievo",
      "site": "https://sievo.com/",
      "category": "Spend analytics",
      "what": "Procurement analytics for large enterprises: \"Sievo provides actionable procurement analytics based on data you can trust.\" Procurement, finance, IT and sustainability teams use it for spend analysis, savings tracking, forecasting and ESG. Sievo AI classifies spend, normalizes suppliers and harmonizes materials, adds a self-service GenAI assistant, and turns insights into one-click actions.",
      "what_source": {
        "name": "sievo.com",
        "url": "https://sievo.com/"
      },
      "price": "not published; sales-led (demo request)",
      "price_published": false,
      "capabilities": {
        "label": "AI capabilities",
        "items": [
          "Assistant",
          "Price benchmarks",
          "Spend classification"
        ]
      },
      "scale_tier": 2,
      "scale": "Established: a public parent, or a disclosed customer base ($44M growth investment in 2022; processes spend equal to more than 2% of global GDP a year; sells to large enterprises with $1B+ revenue)",
      "founded": "2003",
      "founded_source": null,
      "fate": null,
      "sources": [
        {
          "name": "sievo.com",
          "url": "https://sievo.com/"
        },
        {
          "name": "sievo.com",
          "url": "https://sievo.com/products/procurement-ai"
        },
        {
          "name": "sievo.com",
          "url": "https://sievo.com/company/about-sievo"
        },
        {
          "name": "sievo.com",
          "url": "https://sievo.com/news"
        },
        {
          "name": "sievo.com",
          "url": "https://sievo.com/news/press-release-growth-investment"
        },
        {
          "name": "sievo.com",
          "url": "https://sievo.com/news/sievo-launches-community-data-redefining-supplier-negotiation-with-peer-benchmarks-and-unmatched-insights"
        }
      ],
      "more_sources": 2,
      "cross_listed": false
    }
  ],
  "off_map_url": null,
  "timeline": [
    {
      "id": "event-1",
      "url": "https://www.newsprint.com/companies/sievo/#event-1",
      "on": "2026-01-28",
      "date_precision": "day",
      "title": "Sievo acquires Provalido",
      "summary": "Sievo announced the acquisition of Provalido Ltd, a UK procurement performance management company founded in 2013. Sievo's Initiative Management product continues, and Sievo plans a permanent UK office.",
      "kind": "Acquisition",
      "from": {
        "name": "The AI procurement software map",
        "url": "https://www.newsprint.com/research/procurement-software/#co-sievo"
      },
      "source": {
        "name": "Vendor release",
        "url": "https://sievo.com/news/sievo-acquires-provalido"
      }
    },
    {
      "id": "event-2",
      "url": "https://www.newsprint.com/companies/sievo/#event-2",
      "on": "2025-10-27",
      "date_precision": "day",
      "title": "Sievo publishes first State of Spend report",
      "summary": "Sievo released its first State of Spend report, an industry benchmark built on aggregated transactional data from customers who gave contractual consent rather than on surveys.",
      "kind": "Research",
      "from": {
        "name": "The AI procurement software map",
        "url": "https://www.newsprint.com/research/procurement-software/#co-sievo"
      },
      "source": {
        "name": "Vendor release",
        "url": "https://sievo.com/news/sievo-releases-first-ever-state-of-spend-using-real-enterprise-spend-data"
      }
    },
    {
      "id": "event-3",
      "url": "https://www.newsprint.com/companies/sievo/#event-3",
      "on": "2025-05-15",
      "date_precision": "day",
      "title": "Sievo launches Community Data peer benchmarks",
      "summary": "Sievo launched Community Data, built on anonymized cross-customer spend data. It offers payment term benchmarks and supplier-specific payment term recommendations with \"AI-powered insights\" on working capital. Price indexes were listed as coming in 2025.",
      "kind": "Launch",
      "from": {
        "name": "The AI procurement software map",
        "url": "https://www.newsprint.com/research/procurement-software/#co-sievo"
      },
      "source": {
        "name": "Vendor release",
        "url": "https://sievo.com/news/sievo-launches-community-data-redefining-supplier-negotiation-with-peer-benchmarks-and-unmatched-insights"
      }
    }
  ]
}