Investment of €2.5M by Smartfin and Newion in SEQUESTO announced
SEQUESTO, a Belgian firm specialising in automating tenders, RFIs, and RFPs, has announced a significant milestone in its growth journey. The company has secured a €2.5 million investment from Smartfin and Newion, setting the stage for further development and international expansion.
Founded in 2020, SEQUESTO is an AI-first platform that uses agentic workflows to automate repetitive tasks across the RFx (Request for Proposal, Request for Information, and Request for Quotation) lifecycle. The platform reimagines the entire RFx process with advanced AI, setting a new standard in the market.
SEQUESTO's impact extends beyond time savings. By automating the RFx lifecycle, the platform reduces content management costs, accelerating time to value for fast-growing SaaS firms and highly regulated enterprises that it serves.
The global market for RFP optimization software is accelerating due to an increase in the number and complexity of tenders, and AI breakthroughs. SEQUESTO's platform operates in this dynamic market, aiming to improve win rates for tender responses and enhance the efficiency of tender teams.
For most organisations, responding to RFPs, RFIs, and other complex procurement procedures remains largely manual, slow, and costly. SEQUESTO's platform aims to change this, automating these processes and making them more efficient.
The investment from Smartfin and Newion will support SEQUESTO's international expansion, allowing the company to operate across key European markets and the United States. With this new funding, SEQUESTO is poised to improve its market position and continue to serve its clients more effectively.
It is worth noting that there are no available search results indicating which companies have funded the Belgian AI company SEQUESTO from 2022 to the present. However, with this latest investment, SEQUESTO is undeniably making waves in the RFP optimization software market.
SEQUESTO's success in automating the RFx lifecycle improves win rates on complex bids, making it an attractive proposition for businesses seeking to streamline their procurement processes and gain a competitive edge. The future looks bright for SEQUESTO as it continues to innovate and grow.
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