Software companies we track

Sievo: what it sells, price and AI features

Sievo is on the AI procurement software map. We record 3 dated launches and events for it. The latest is dated Jan. 28, 2026.

Updated . Launches and events from May 15, 2025 to Jan. 28, 2026.

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: sievo.com.

Site
sievo.com
Founded
2003
Category
Spend analytics
Status
Active

On the research maps

  • The AI procurement software map

    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: sievo.com.

    Category
    Spend analytics
    Price
    not published; sales-led (demo request)
    AI capabilities
    Assistant, Price benchmarks and Spend classification
    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

    Sources: sievo.com, sievo.com, sievo.com, sievo.com, sievo.com, sievo.com and 2 more on the map.

    Sievo on the AI procurement software map

Launches and dated events, newest first

  1. Sievo acquires Provalido

    Acquisition, . 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.

    Source: Vendor release. From the AI procurement software map.

  2. Sievo publishes first State of Spend report

    Research, . 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.

    Source: Vendor release. From the AI procurement software map.

  3. Sievo launches Community Data peer benchmarks

    Launch, . 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.

    Source: Vendor release. From the AI procurement software map.

Methodology and corrections: what counts as a launch, how each one is checked, and how to report an error.

License: CC BY 4.0. Reuse it with credit to Newsprint.

Cite as: Newsprint, "Sievo: what it sells, price and AI features", https://www.newsprint.com/companies/sievo/, updated 2026-11-11

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