Vymo Raises $18M Series B
Vymo , a personal assistant app for enterprise sales, announced it has raised $18m in Series B funding from Emergence Capital. Existing investor Sequoia India also participated in the round.
The investment will fuel Vymo’s official US launch with headquarters in New York. It will also drive continued growth in global markets, where Vymo works with some of the largest insurance and financial companies in the world—such as AXA, Allianz, AIA, Generali, and Sumitomo—as well as some of the largest banks in Asia Pacific.
As Vymo has expanded its customer base, it has seen particular growth among major financial institutions. Over 80% of its customers are in the financial services sector, and over 90% of these represent large enterprises. This includes companies like AIA and AXA, where Vymo has been deployed in multiple countries to run both direct and agency sales. “At AXA Thailand GI we are leveraging Vymo to help our sales teams have adequate and timely customer engagement, leading to deeper relationships and trust.” – Claude Seigne, CEO of AXA General Insurance Thailand.