Story
July 14, 2026
Coram AI Raises $35 Million to Develop AI for Security Cameras
Coram AI, a startup that enhances security cameras with AI, has raised $35 million in a Series B funding round. The company's software allows users to query vast amounts of video and security data in plain language to accelerate investigations.
Coram AI’s latest funding round is accelerating a shift in how security cameras are used, raising both hopes for faster investigations and questions over ever-watchful surveillance systems.
2022–2025: From self‑driving know‑how to physical security
Coram was founded in 2022 by Ashesh Jain and Peter Ondruska, veterans of autonomous vehicle programs at Lyft, Zoox, and Toyota’s Woven division, who decided to apply their expertise to a broader market: “protect every physical space.”1 Their idea was to plug AI into existing security infrastructure—cameras, badge readers, visitor logs, and emergency systems—so teams could detect incidents and respond faster rather than just review footage after the fact.1
As investment in “physical AI ” and robotics surged from about $4 billion in 2019 to $26 billion in 2025, Coram positioned itself within this boom, pitching physical security as a major industry still “stuck in the past.”1
2025–2026: Building an AI “operating system” for buildings
Following a $13.8 million Series A, Coram’s revenue grew fourfold and its customer base tripled, according to CEO Jain, as the platform was deployed in schools, factories, churches, and other facilities.1 The company’s “Deep Investigation” tool emerged as its flagship: an AI agent that lets staff query months of video and access data in plain language, turning work that once took hours into minutes.2
Coram says its edge-computing design—running models on local NVIDIA hardware compatible with existing IP cameras—helps protect privacy by keeping sensitive video off the cloud.2 At the same time, it offers facial recognition, license-plate reading, tailgating detection, and live gun detection, capabilities now monitoring environments from megachurch campuses to high schools.2
June 2026: $35 million Series B and the road ahead
On June 11, 2026, Coram announced a $35 million Series B, co-led by Ansa Capital and Battery Ventures, bringing total funding to $66 million.1 The company aims to become the “operating system” for physical security by embedding hundreds of AI agents into buildings, even as the same always-on intelligence sharpens long‑running tensions between safety, privacy, and the potential for pervasive surveillance.2