The funding will drive AI product development, sales, and customer success as more organizations trust AI to scale their security systems
Coram AI, the AI-native physical security platform, has raised $35 million in Series B funding, bringing its total capital raised to $66 million. The round was co-led by Ansa Capital and Battery Ventures, with participation from UP.Partners, 8VC, and Mosaic Ventures.
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“Coram AI protects the places people live and work: catch risks earlier, and keep schools, hospitals, and workplaces safer instead of just documenting what went wrong.” – Ashesh Jain, co-founder and CEO of Coram AI
Coram’s AI technology helps organizations monitor their sites for safety and quickly investigate potential security incidents. Since raising its $13.8 million Series A last year, the company has grown rapidly, with a 4x revenue jump and a tripling of its customer base.
Today, more than 1,500 sites across the U.S. and Canada, including Fortune 500s, 1-800-GOT-JUNK?, Hershey’s Ice Cream, World YMCA, Lakepointe Church, large school districts, healthcare providers, manufacturers, and municipalities, rely on Coram to modernize security operations on the infrastructure they already own. With demand outpacing the team, Coram will use the new round to significantly grow its sales capacity, alongside continued investment in AI product development and customer success.
Modern physical security teams face increased threats, fewer staff, and more systems to keep track of. Most software is siloed and requires on-site monitoring to be effective. Video, access control, visitor logs, and emergency response sit in separate tools, so investigating one incident means stitching them together by hand. Coram centralizes those workflows in a single AI platform, without requiring teams to replace the cameras and infrastructure they already own.
Coram AI was co-founded by Ashesh Jain, former head of autonomy for Lyft’s self-driving division and an engineering leader at Zoox, and Peter Ondruska, head of AI research at Lyft and then Toyota’s Woven division after Toyota acquired Lyft’s self-driving technology in 2021. After years of building AI systems that help vehicles understand the physical world and prevent accidents before they happen, they saw an opportunity to apply the same technology to the places people rely on every day, important hubs that have been using outdated security technology for decades. Coram was built to bring modern AI to physical security and help organizations identify risks earlier, investigate faster, and respond before incidents escalate.
“Most security systems just record what happened. Only later, after a manual search, might you find the incident,” said Ashesh Jain, co-founder and CEO of Coram AI. “We spent years building AI that helps cars read a scene and act before someone gets hurt. The same approach protects the places people live and work: catch risks earlier, and keep schools, hospitals, and workplaces safer instead of just documenting what went wrong.”
“Physical security is one of the largest industries yet to be transformed by modern AI,” said Allan Jean-Baptiste, co-founder and managing partner at Ansa Capital and Coram board member. “Coram’s founders bring a rare combination of frontier AI expertise and deep conviction about where the market is headed. Their rapid growth demonstrates that organizations are looking for more than cameras and monitoring tools. They want intelligence that helps them operate more safely, efficiently, and proactively.”
“Coram AI’s hardware-enabled software anchors intelligence in first-party data to deliver capabilities far beyond what traditional security systems can offer,” said Marcus Ryu, general partner at Battery Ventures and a board member at Coram. “We’re enthusiastic to deepen our partnership with the Coram team with this Series B investment.”
Strong customer adoption is validating Coram’s vision. Hershey’s Ice Cream uses Coram across its facilities, which produce millions of gallons annually for nationwide distribution. “Coram’s AI capabilities mean there is no live person required to watch footage all day. The system works in the background, so our staff can focus on their actual jobs,” said IT director Stephen Hoffer. “It’s one of the best investments we’ve made in food safety and employee safety across our properties,” added Zach Waite, the company’s VP of production development.
Lakepointe Church, a multilingual church with 8 campuses in Dallas, Texas, uses Coram to create a safe and welcoming environment for its over 30,000 congregants, and the 150 families that patronize its food pantry on a weekly basis. “I would recommend Coram because we have seen great benefits in the features of AI with their system, also the ease of deployment, as well as just the overall gain and efficiency from a technology standpoint,” said director of information technology Bill Crowsey.
As part of its continued investment in AI-powered security operations, Coram is introducing Deep Investigation. The capability moves from text-based video search to autonomous security agents. It analyzes video, access events, and visitor activity across cameras, locations, and time, answering complex security and operational questions with evidence attached. AI coding agents have already reshaped software engineering, and Coram is bringing the same shift to physical security. Investigations that took hours or weeks now take minutes, so one security professional can investigate more, respond faster, and protect more people without adding staff.
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