Post by The Venture Chronicle

Venture Spotlight: Coram AI Raises $35M to Bring Self-Driving AI to Physical Security The AI that teaches a car to read a scene and act before a crash can also watch a building and catch a risk before it escalates. That is the bet behind Coram AI, and it just attracted a $35 million Series B. The round was co-led by Ansa Capital and Battery Ventures, with UP.Partners, 8VC, and Mosaic Ventures participating, bringing total capital raised to $66 million. The company: Coram is an AI-native physical security platform that unifies video, access control, guest management, and emergency workflows on a customer's existing infrastructure. No rip-and-replace, which lowers the barrier to adoption in a market long stuck on legacy hardware. The founders: The pedigree is the story. CEO Ashesh Jain ran autonomy for Lyft's self-driving division and led engineering at Zoox; co-founder Peter Ondruska led AI research at Lyft and then Toyota's Woven division. They spent years building AI that helps vehicles understand the physical world, then pointed it at buildings. The traction: Since a $13.8 million Series A last year, Coram has grown revenue 4x and tripled its customer base to 1,500+ sites, spanning Fortune 500s, manufacturers, school districts, healthcare providers, and places of worship. That is the growth curve that turns an insider-heavy Series B into an easy decision. The thesis: Ansa's Allan Jean-Baptiste calls physical security one of the largest industries yet to be transformed by modern AI, noting that customers now want intelligence, not just cameras and monitoring. Battery's Marcus Ryu points to hardware-enabled software anchored in first-party data as the source of Coram's edge over traditional systems. The plan: Aggressively expand sales capacity to meet demand, keep investing in AI product development (including the new Deep Investigation agent), and deepen customer success. Congratulations to Ashesh Jain, Peter Ondruska, and the Coram AI team on the raise. Follow The Venture Chronicle for venture capital, AI, enterprise software, and startup funding coverage.