Coram AI Secures $35M Series B Funding Led by Ansa Capital and Battery Ventures
Coram AICompany
AnsaInvestor
Battery VenturesInvestor
8VCInvestor
MosaicInvestor
Coram AI announced a $35 million Series B round on June 18, 2026, co‑led by Ansa Capital and Battery Ventures with participation from UP.Partners, 8VC and Mosaic Ventures. The funding, which lifts total capital raised to $66 million, will fuel sales expansion, AI product development and broader North‑American customer acquisition.
Coram AI secured $35 million in Series B financing, co‑led by Ansa Capital and Battery Ventures, to accelerate the rollout of its AI‑native physical security platform across North America. The round, which also included UP.Partners, 8VC and Mosaic Ventures, brings the company’s total funding to $66 million and positions it to scale a solution that now protects more than 1,500 sites, ranging from Fortune 500 campuses to school districts and healthcare facilities.
Market Context
The physical security market, traditionally dominated by hardware‑centric vendors, is undergoing a rapid software‑first transformation. Coram’s platform unifies video, access control, visitor logs and emergency response into a single AI‑driven workflow that runs on existing infrastructure, eliminating costly rip‑and‑replace projects. Since its $13.8 million Series A last year, Coram has reported a four‑fold revenue increase and a tripling of its customer base, underscoring strong demand for AI‑enhanced security operations. The company’s latest product, Deep Investigation, extends autonomous video and event analysis to answer complex security queries in minutes rather than hours, a capability that could become a category‑defining standard for enterprise security teams.
Strategic Implications
For operators, the infusion of capital translates into a sizable boost to sales capacity and engineering talent, enabling Coran to deepen its go‑to‑market footprint in the United States and Canada. The round also signals confidence from deep‑tech investors in the scalability of AI‑driven security SaaS, a segment where gross margins typically exceed 70 % once the software layer is decoupled from hardware. While the company has not disclosed ARR or valuation multiples, the 4× revenue growth since Series A suggests a high‑velocity expansion trajectory that could justify a premium multiple in future financing rounds or an exit. For investors, the participation of both early‑stage (Ansa Capital) and growth‑stage (Battery Ventures) firms reflects a belief that Coram can evolve from a niche AI security tool into a broader enterprise SaaS platform, potentially unlocking cross‑sell opportunities with existing security hardware providers.
Coram’s leadership—Ashesh Jain and Peter Ondruska, veterans of Lyft’s autonomous‑driving programs—brings frontier AI expertise to a market that has lagged in modern intelligence. Their vision of “catching risks earlier” aligns with a broader industry shift toward proactive, data‑driven risk management. As organizations grapple with staffing shortages and increasingly complex threat landscapes, the ability to automate investigations without additional personnel could drive higher net revenue retention and expansion revenue, key metrics for SaaS investors.
The Series B round therefore not only fuels Coram’s immediate growth plans but also highlights the accelerating convergence of AI and physical security, a space that investors are beginning to treat as a high‑growth, high‑margin SaaS vertical.
Why It Matters
Coram AI’s $35 million Series B underscores the rising appetite for AI‑powered SaaS solutions that address physical security—a traditionally hardware‑heavy vertical. By delivering a software layer that integrates with existing cameras and access systems, Coram can achieve high gross margins and rapid scalability, traits that are attractive to both operators seeking cost‑effective safety upgrades and investors looking for high‑growth, recurring‑revenue businesses.
The funding also validates the market’s readiness for autonomous investigation tools. If Coram can translate its Deep Investigation capability into measurable reductions in labor costs and incident response times, it will likely see strong expansion revenue from existing customers, boosting net revenue retention. For the broader SaaS ecosystem, the deal signals that deep‑tech AI expertise can be successfully repurposed for enterprise verticals beyond the usual cloud‑software domains, potentially spurring more venture capital into AI‑native security and other physical‑world SaaS categories.
Key Points
- Coram AI raised $35 million in a Series B round co‑led by Ansa Capital and Battery Ventures.
- Total capital raised to date is $66 million, following a $13.8 million Series A last year.
- Revenue has grown four‑fold and the customer base has tripled since the Series A round.
- The company now serves over 1,500 sites across North America, including Fortune 500 enterprises.
- New funding will be used to expand sales, accelerate AI product development and launch the Deep Investigation feature.
Analysis
Coram AI’s $35 million Series B, led by Ansa Capital and Battery Ventures, reflects a broader shift toward AI‑driven SaaS in the physical security market. The capital infusion will accelerate sales expansion and product innovation, particularly the Deep Investigation capability that automates complex incident analysis. With a four‑fold revenue increase and a tripled customer base since its Series A, Coram is poised to capture a high‑margin niche where software can replace costly hardware upgrades. For operators, the platform promises higher net revenue retention through AI‑enabled efficiency gains, while investors see a compelling growth story in a vertical that has lagged behind other SaaS categories. The round signals confidence that AI can transform legacy security workflows into a scalable, subscription‑based model, setting a precedent for other enterprise verticals seeking AI‑native solutions.