Coram AI raises $35M Series B to bring AI to security cameras
What's the deal? Coram AI, a Bay Area startup that uses AI to make existing security cameras smarter, has raised $35M in Series B funding. The round was co-led by Ansa CapitalDealroom has a profile for this one. Try Dealroom → and Battery Ventures, with participation from UP.PartnersDealroom has a profile for this one. Try Dealroom →, 8VC, and Mosaic VenturesDealroom has a profile for this one. Try Dealroom →. Total capital raised now stands at $66M.
Founded in 2022 by Ashesh Jain and Peter Ondruska — both veterans of Lyft's self-driving division and other autonomous vehicle programmes — Coram connects cameras, badge readers, visitor logs, and emergency systems, then layers AI on top to help security teams spot and respond to incidents faster.
Why now? Coram is riding the surge in physical AI, applying autonomous-vehicle expertise to the broader physical security market.
The startup says its revenue has grown fourfold and its customer base has tripled since its $13.8M Series A in January 2025. More than 1,500 sites across the US and Canada now use the platform, including Hershey's Ice Cream, Lakepointe Church in Dallas, and 1-800-GOT-JUNK?.
Coram has found particular traction with school districts. Jain said the platform can detect a firearm, automatically alert 911, and help trigger a campus lockdown.
The company is also rolling out a product called Deep Investigation, which lets customers query their security data in natural language — through tools like ChatGPT or Claude. A school could ask Coram to find every fight on campus over the past month, identify patterns, pull clips with faces blurred, and generate a report. A warehouse could ask how long trucks sit at loading docks.
What could go wrong? Coram is competing in a crowded market. Verkada, valued at $5.8B, suffered a major breach in 2021 when hackers accessed more than 150,000 live customer cameras in hospitals and schools. Motorola Solutions' Avigilon and Eagle Eye Networks are also in the mix. Privacy concerns around AI-powered surveillance remain a persistent risk.
The signal: Coram AI's fourfold revenue growth since its Series A in early 2025 underscores how quickly physical AI is maturing beyond robotics into legacy infrastructure like security cameras. Battery Ventures — a fund with deep enterprise software expertise — co-leading the round suggests institutional confidence that the real value lies not in new hardware but in the AI layer that sits on top of it.
Read more: Business Insider
