Vymo, an AI-powered assistant for enterprise sales teams, raised $18M in Series B funding.
The round was led by Emergence Capital with participation from Sequoia India. In conjunction with the funding, Jake Saper, Partner with Emergence Capital, joined Vymo’s board.
The company intends to use the funds to launch in the US with headquarters in New York and continue to grow in global markets.
Led by Yamini Bhat, Co-Founder and CEO, Vymo provides a mobile-first Personal Sales Assistant to automate data capture, leverage contextual insights, and drive sales productivity increases.
Over 75% of its registered users log in and take actions in the product every day. By automatically capturing engagement data, the platform empowers sales teams to focus on high-value activities with prospects and customers. The company uses this rich contextual data to learn what the best salespeople in the organization are doing, and translates this into next best actions for the entire team.
It is used by 100,000 salespeople at over 50 global financial and insurance enterprises including AXA, Allianz, AIA, Generali, and Sumitomo.
The company has offices in Singapore, Japan, Australia and India.