Coram AI: Revolutionizing Physical Security with AI-Powered Solutions
Coram AI is revolutionizing the security camera industry by offering an AI-powered physical security platform that aims to prevent incidents rather than just record them. The Bay Area startup recently secured $35 million in Series B funding, bringing its total funding to $66 million. Co-led by Ansa Capital and Battery Ventures, the funding round also saw participation from UP.Partners, 8VC, and Mosaic Ventures. Founded in 2022, Coram leverages AI to connect existing security equipment like cameras, badge readers, and emergency systems to help security teams detect and respond to incidents more efficiently.
The rise of physical AI startups like Coram reflects a growing trend in the industry, with global investment in robotics and physical AI increasing from $4 billion in 2019 to $26 billion in 2025. Coram's founders, Ashesh Jain and Peter Ondruska, who previously worked on autonomous vehicles at Lyft and Toyota, saw an opportunity to apply their expertise to the physical security market. Jain, Coram's CEO, highlighted the company's mission to protect every physical space, building on their earlier goal of safeguarding public roads.
Despite a competitive security market, Coram has seen significant growth since its Series A funding last year, with a fourfold increase in revenue and a tripling of its customer base. The startup plans to use the new funding to expand its sales team and invest in product development. With over 1,500 sites in the US and Canada already using Coram, including notable clients like Hershey's Ice Cream and 1-800-GOT-JUNK?, the startup has found particular success in school districts, where its technology can detect firearms and trigger emergency responses.
Coram's latest product, Deep Investigation, allows customers to ask specific questions of the security platform, enabling quick insights and reports. By leveraging AI tools like ChatGPT, customers can analyze security footage and data more efficiently. The startup's vision extends beyond traditional security measures, with plans to integrate its software with robotic security solutions in the future. Jain envisions a world where every building is equipped with robotic security, enhancing property protection and safety.
Investors have been impressed by Coram's technology, with demonstrations showcasing the platform's capabilities in real-time. The startup's commitment to innovation and customer-centric solutions has positioned it as a key player in the evolving security industry. With a focus on leveraging AI to enhance physical security measures, Coram is poised to make a significant impact in the market and fulfill its mission of becoming a leading security provider globally.