Smartfin and Newion have invested €2.5 million in Belgian scale-up SEQUESTO, which leverages AI technology to automate and enhance the efficiency of tender responses.

Information on the Target

SEQUESTO is a Belgian technology scale-up that provides innovative solutions designed to enhance the efficiency of companies responding to tenders, Requests for Information (RFIs), and Requests for Proposals (RFPs). Utilizing an AI-first approach paired with agentic workflows, SEQUESTO automates numerous repetitive, time-consuming, and error-prone tasks throughout the entire RFx cycle. This transformative model not only boosts the efficiency of tender teams but also significantly enhances their win rates.

Founded in 2020 by Patrick Dalvinck (CEO) and Evrard t’Serstevens (CTO), SEQUESTO has swiftly progressed from a fledgling start-up into a recognized international growth company. Currently, SEQUESTO serves a wide array of customers across multiple European markets and the United States, including well-established organizations such as ISS Facility Services, ooDrive, and Barona. The company has a dedicated team of sixteen professionals, with plans for further growth.

Industry Overview in Belgium

The global market for RFP optimization software is experiencing rapid expansion, spurred by the rising complexity and frequency of tenders alongside advancements in AI technology. Many or