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

Bengaluru: Vymo, an intelligent sales engagement platform for financial institutions, has raised $22 million in Series C funding round led by Bertelsmann India Investments with existing investors Emergence Capital and Sequoia Capital participating, a company statement said.

As part of the financing, BII's Rohit Sood, will be joining the company’s board, the statement added.

“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.

Vymo was founded in 2013 by Yamini Bhat, a McKinsey alumnus, and Venkat Malladi, a Google alumnus.