According to filings with the U.S. Securities and Exchange Commission, Coram AI has raised $35,000,000.00 in new Series B funding. The federal securities law requires the notice to be filed by companies that have sold securities without registration under the Securities Act of 1933 in an offering made under Rule 504 or 506 of Regulation D or Section 4(a)(5) of the Securities Act. A company must file this notice within 15 days after the first sale of securities in the offering. For this purpose, the date of first sale is the date on which the first investor is irrevocably contractually committed to invest. Each issuer of securities that sells its securities in reliance on an exemption provided in Regulation D or Section 4(a)(5) of the Securities Act of 1933 must file this notice containing the information requested with the U.S. Securities and Exchange Commission (SEC) and with the state(s) requiring it. If more than one issuer has sold its securities in the same transaction, all issuers should be identified in this filing with the SEC.

Investors in the company’s current round of funding include: Ansa Capital and Battery Ventures, with participation from UP.Partners, 8VC, and Mosaic Ventures.

About Coram AI
Modern physical security teams face increased threats, fewer staff, and more systems to keep track of. Most software is siloed and requires on-site monitoring to be effective. Video, access control, visitor logs, and emergency response sit in separate tools, so investigating one incident means stitching them together by hand. Coram centralizes those workflows in a single AI platform, without requiring teams to replace the cameras and infrastructure they already own. Coram AI was co-founded by Ashesh Jain, former head of autonomy for Lyfts self-driving division and an engineering leader at Zoox, and Peter Ondruska, head of AI research at Lyft and then Toyotas Woven division after Toyota acquired Lyfts self-driving technology in 2021. After years of building AI systems that help vehicles understand the physical world and prevent accidents before they happen, they saw an opportunity to apply the same technology to the places people rely on every day, important hubs that have been using outdated security technology for decades. Coram was built to bring modern AI to physical security and help organizations identify risks earlier, investigate faster, and respond before incidents escalate.

To learn more, visit https://www.coram.ai/
Linkedin: https://www.linkedin.com/company/coram-ai/

Contact:
Ashesh Jain, Chief Executive Officer
https://www.linkedin.com/in/ashesh-jain-ba53164a/

SOURCE: http://www.intelligence360.io
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