Coram AI announced that it has raised $35 million in Series B funding, bringing the company’s 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.
The company said the new funding will support AI product development, sales expansion, and customer success initiatives as organizations increasingly adopt AI-driven security solutions. Since raising its $13.8 million Series A round last year, Coram AI reported a fourfold increase in revenue and a tripling of its customer base.
Founded by former autonomous vehicle leaders Ashesh Jain and Peter Ondruska, Coram AI applies technology originally developed for self-driving cars to physical security. Jain previously led autonomy efforts at Lyft and held engineering roles at Zoox, while Ondruska led AI research at Lyft and later Toyota’s Woven division following Toyota’s acquisition of Lyft’s self-driving technology assets in 2021.
Coram’s platform integrates video security, access control, visitor management, and emergency workflows into a single AI-powered system that works with existing infrastructure. The company said more than 1,500 sites across the United States and Canada now use its technology, including Fortune 500 companies, educational institutions, healthcare providers, manufacturers, municipalities, and nonprofit organizations.
Customers include 1-800-GOT-JUNK?, Hershey’s Ice Cream, World YMCA, Lakepointe Church, school districts, and healthcare systems. The company said the latest funding will enable it to significantly expand its sales organization while continuing to invest in AI capabilities and customer support.
Coram also introduced Deep Investigation, a new feature that leverages autonomous security agents to analyze video footage, access events, and visitor activity across locations and time periods. The company said the technology can reduce investigations that previously required hours or weeks down to minutes.
Coram AI is currently hiring across sales, marketing, engineering, and AI research functions.
KEY QUOTES:
“Most security systems just record what happened. Only later, after a manual search, might you find the incident. 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.”
Ashesh Jain, Co-Founder and CEO of Coram AI
“Physical security is one of the largest industries yet to be transformed by modern AI. 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.”
Allan Jean-Baptiste, Co-Founder and Managing Partner at Ansa Capital and Coram Board Member
“Coram AI’s hardware-enabled software anchors intelligence in first-party data to deliver capabilities far beyond what traditional security systems can offer. We’re enthusiastic to deepen our partnership with the Coram team with this Series B investment.”
Marcus Ryu, General Partner at Battery Ventures and Coram Board Member
“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. It’s one of the best investments we’ve made in food safety and employee safety across our properties.”
Stephen Hoffer, IT Director, and Zach Waite, VP of Production Development at Hershey’s Ice Cream
“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.”
Bill Crowsey, Director of Information Technology at Lakepointe Church
