Vymo

AI-powered distribution management for insurance salesforces

Distribution & Sales Growth Series C (USD 45.1M total raised)

Overview

Vymo is an insurance distribution management platform for insurers, MGAs, FMOs, IMOs, and insurance distributors. The platform combines AI-driven sales engagement with mobile-first agent tooling to help financial institutions manage their distribution channels -- tracking producer activity, automating workflows, and surfacing performance analytics in real time.

The core product suite covers the full agent lifecycle: sales engagement through EngageIQ, recruiting and licensing compliance through OnboardIQ, and broader distribution management across agency and partner networks. The system connects with core insurance platforms including Duck Creek and Salesforce, and is certified SOC 2 Type II. As of mid-2025, the platform expanded into debt collections with the CollectIQ product aimed at banks and NBFCs.

Vymo reports over 350,000 salespeople across 70+ enterprise deployments globally, including carriers and financial institutions such as Berkshire Hathaway Homestate Companies, AIA, AXA, Generali, Sun Life, BNP Paribas, and HDFC Bank. The company raised USD 22M in a 2022 Series C led by Bertelsmann India Investments, bringing total funding to USD 45.1M. Offices are maintained in San Francisco, Bengaluru, Singapore, and Tokyo.

Products & Services

EngageIQ

Sales engagement and performance management platform for insurance producers and sales leaders. EngageIQ delivers AI-driven next-best-action recommendations, real-time performance coaching, and automated pipeline workflows through a mobile-first interface.

Key Features

AI nudges and next-best-action prompts based on producer activity patterns
Real-time dashboards and coaching tools for sales leaders
Automated follow-up workflows and lead management
Agency 360-degree views with prescriptive performance intelligence
Mobile-first access to book-of-business data with 75%+ reported daily active usage

Target Users: Insurance producers, sales managers, agency leaders

OnboardIQ

AI/ML-driven solution for insurance agent recruiting, onboarding, and multi-state licensing compliance. Launched in August 2024.

Key Features

Smart agent profiling to match recruits to appropriate distribution roles
Multi-state compliance tracking and NIPR licensing management
Mobile-first onboarding experience for distributed agent networks
Automated workflows replacing manual recruiting and licensing processes

Target Users: Distribution managers, compliance teams, carrier recruiting departments

CollectIQ

Debt collections platform for banks and NBFCs, launched in May 2025 as an expansion beyond insurance distribution.

Key Features

AI-driven collection prioritization and workflow automation
Integrated agent enablement tools for collections teams
Analytics and performance reporting for collections operations

Target Users: Banks, NBFCs, financial institutions with collections operations

Distribution Management Suite

Broader platform components supporting agent lifecycle management and partner network coordination.

Key Features

AgentIQ -- agent performance and lifecycle management
PartnerIQ -- partner and agency relationship management
Activity tracking and sales enablement playbook library
Integration connectors for core insurance systems and CRMs

Target Users: Distribution heads, agency managers, insurer operations teams

At a Glance

Founded: 2013
Headquarters: San Francisco, CA, USA
Employees: 501-1000
Funding: Series C (USD 45.1M total raised)

Category & Focus

Category: Distribution & Sales
Subcategories: Agency Management Sales Engagement Producer Onboarding Compliance Automation Performance Analytics
Insurance Verticals: Life & Annuity P&C Commercial P&C Personal Group Benefits
Target Customers: Carriers, Agents/Agencies, Brokers, MGAs/MGUs