# Vymo Solutions Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/vymo-solutions-private

- Industry: Software
- Headquarters: Bangalore, India
- Website: www.vymo.com
- Total disclosed funding: $44M
- Latest round: Series C (Feb 22, 2022)
- Investors on record: 4

## About

Vymo Solutions Private Limited, based in India, specializes in AI-driven insurance distribution management solutions, enhancing sales productivity and streamlining operations for insurance companies.Founded in 2013 in Bangalore, India, Vymo Solutions Private Limited operates in the insurance technology sector, providing an AI-powered platform that supports insurance agents and brokers. The company received its latest funding of USD 22.00 mn in Series C on February 22, 2022, led by Bertelsmann India Investments. Noteworthy investors include Emergence Capital Partners and Sequoia Capital. The founders, Venkata Malladi and Yamini Natti, have experience that strengthens the company's vision and operations.Vymo Solutions Private Limited offers an AI-powered insurance distribution management platform that enhances sales productivity and streamlines operations for its clients. The platform includes core functionalities such as lead and pipeline management, automated task reminders, and customer relationship management tools tailored specifically for insurance agents, brokers, and financial advisors. Vymo serves a diverse customer base, including insurance providers and financial institutions across North America, Europe, and parts of Asia, addressing the growing demand for improved processes in insurance sales.For the year 2022, Vymo reported a revenue of USD 0 mn and an EBITDA of USD -13,122.2.Following the Series C funding secured in February 2022, Vymo Solutions Private Limited plans to utilize the USD 22.00 mn raised to accelerate growth in two key markets: the U.S. and Japan. The company is focused on expanding its presence in these regions by developing new products designed to enhance its offerings further. Specific details regarding the timeline for new product launches have not been disclosed.

## Funding rounds

- Series C, Feb 22, 2022, $22M — Hong Shan, Emergence Capital, Bertelsmann India Investments, Gaingels
- Series B, Jul 30, 2019, $18M — Hong Shan, Emergence Capital
- Series A, Dec 10, 2016, $4.2M — Hong Shan

## Investors

- Hong Shan — Series A, Series B, Series C
- Emergence Capital (https://capitalatlas.ai/funds/emergence-capital) — Series B, Series C
- Bertelsmann India Investments (https://capitalatlas.ai/funds/bertelsmann-india-investments) — Series C
- Gaingels (https://capitalatlas.ai/funds/gaingels) — Series C