Quick Take
- Coram AI raised $35 Mn (Rs 2,940 Cr) Series B, co-led by Ansa Capital and Battery Ventures.
- Total funding now reaches $66 Mn, with revenue up 4x since its Series A.
- Funds will scale sales, AI products, and the Bengaluru engineering team over coming quarters.
In This Article
Coram AI has raised $35 Mn (Rs 2,940 Cr) in a Series B round, lifting its total funding to $66 Mn (Rs 5,545 Cr) as it scales its AI platform for physical security.
The round was co-led by Ansa Capital and Battery Ventures, with participation from UP.Partners, 8VC, and Mosaic Ventures, according to the company announcement on Business Wire. The San Francisco-based startup builds software that unifies video surveillance, access control, and visitor logs into one interface, helping security teams investigate incidents faster.
StartupFeed Insight
The real signal here is not the $35 Mn, it is the 4x revenue jump in twelve months, company announcement reported. That growth came from a software-only model that works with cameras clients already own, so margins stay high and sales cycles stay short. Investors and Indian engineers should watch the Bengaluru hiring push closely: it shows US deep-tech firms now treat India as a core product hub, not a cost centre. StartupFeed predicts Coram will cross 3,000 deployed sites by mid-2027 if its automated investigation tool lands with large enterprise buyers. By StartupFeed Desk.
Deal Breakdown and the Numbers
Coram AI closed a $35 Mn (Rs 2,940 Cr) Series B round in June 2026, its second institutional raise. The financing builds on a $13.8 Mn Series A from January 2025, company announcement confirmed.
| Metric | Detail | Notes |
|---|---|---|
| Total Raise | $35 Mn (Rs 2,940 Cr) | Series B round |
| Lead Investors | Ansa Capital, Battery Ventures | Co-led the round |
| Other Investors | UP.Partners, 8VC, Mosaic Ventures | Participated |
| Previous Round | $13.8 Mn Series A | January 2025, led by Battery Ventures |
| Cumulative Raised | $66 Mn (Rs 5,545 Cr) | Across all rounds |
| Announcement Date | June 10, 2026 | Per company announcement |
The most striking detail is investor continuity: Battery Ventures, 8VC, and Mosaic Ventures all returned for the Series B after backing the Series A. That repeat support points to strong delivery against earlier targets.
About Coram AI
Coram AI builds an AI-native physical security platform that connects cameras, access logs, and visitor records into one searchable system. Founded in 2021 and based in San Francisco, the company was started by Ashesh Jain (former head of autonomy at Lyft’s self-driving unit, IIT Delhi alumnus) and Peter Ondruska (former AI research lead at Lyft and Toyota’s Woven division). More than 1,500 sites use Coram. Top investors include Ansa Capital, Battery Ventures, and 8VC.
Why did investors back Coram AI?
Investors backed Coram AI because its software scales without forcing customers to replace existing hardware. The platform runs on cameras clients already own, which cuts adoption costs and speeds up sales.
“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 a Coram board member.
His thesis is simple: most security tools only record events, leaving teams to search footage by hand later. Coram AI applies the perception and decision-making methods its founders built for self-driving cars, surfacing risks earlier. With customer numbers tripling since the Series A, the growth data supports that bet.
How does Coram AI compare to rivals?
Coram AI competes in a crowded AI video security market against established and venture-backed players. The table below maps how it sits against two known rivals on focus and approach.
| Company | Focus | Approach |
|---|---|---|
| Coram AI | Unified AI security platform | Software-only, hardware-agnostic |
| Verkada | Cloud security cameras | Proprietary hardware plus software |
| Ambient.ai | AI threat detection | Computer vision on existing feeds |
What sets Coram AI apart is its single-interface design that merges video, access control, and visitor logs, avoiding the hardware lock-in that rivals like Verkada rely on.
How will Coram AI use the funds?
Coram AI will use the $35 Mn (Rs 2,940 Cr) mainly to expand its sales capacity, as demand outpaces its current team. The plan also covers continued AI product development and customer success investment, company announcement stated. A key piece is growing the Bengaluru engineering office, with hiring across AI, software engineering, and product roles. The company also launched Deep Investigation, a tool that automates multi-source security analysis, so a smaller team can cover more ground.
What’s Next
Coram AI’s near-term milestone is scaling its Deep Investigation tool across its 1,500-plus sites through 2026. Success will hinge on how quickly large enterprise buyers adopt automated investigations over manual footage review. The Bengaluru team build-out will also test whether India can anchor product development for a US deep-tech firm. Will automated AI investigations become the new standard for enterprise security teams?
Frequently Asked Questions
Last updated: June 12, 2026 at 09:15 IST
Written by Avinash. Published: June 12, 2026. Updated: June 12, 2026. Have a tip? Write to us at editorial@startupfeed.in.
