Vymo raises $22 million in funding led by Bertelsmann India Investments

Vymo

Sales acceleration startup, Vymo raised $22 million in Series C led by Bertelsmann India Investments (BII) where existing investors like Emergence Capital and Sequoia Capital also participated.

Vymo collects data on sales activities, learns from them, and contextually recommends the best next steps. As part of the financing, BII's Rohit Sood will join the company's board of directors. Vymo has grown quickly as a result of major enterprise client wins in Asia, Japan, and North America, as well as partnerships with world-class companies such as Microsoft, Salesforce, Softbank, Lineworks, and EY. Vymo is based in San Francisco, with offices in Singapore, Bengaluru, and Tokyo.

Executive Opinion

“2021 was a momentous year for us with more than 20% quarterly growth, 142% NRR, zero logo churn, entry into the US with wins like Berkshire Hathaway, and onboarding some of the largest Insurers in Japan. Sales tech is a more than $10 billion opportunity in just these two countries and this fundraise will help us accelerate our growth plans for these markets,” said Yamini Bhat, Co-founder and CEO.

“Vymo is building the next generation of intelligent sales automation tools driving huge and direct impact on its clients’ toplines across the globe. The engagement on the product is something we have never seen before in any product in any field. Yamini and Venkat’s market understanding and execution focus is exceptional and we are delighted to partner with them”, said Rohit Sood, Partner at BII.

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Startups

Vymo raises $22 million in funding led by Bertelsmann India Investments

Tags : Vymo funding,Vymo latest funding,Vymo news

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