Coram AI, a Sunnyvale-based startup building AI software for physical security, raised $35 million in a series B round co-led by Ansa Capital and Battery Ventures, with participation from UP.Partners, 8VC, and Mosaic Ventures. This brings total funding to $66 million.
The company plans to deploy the capital toward AI product development, market expansion, customer success, and engineering hires in India. Since its $13.8 million series A, Coram's revenue grew 4x and its customer base tripled. The platform serves over 1,500 sites across the US and Canada.