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About Coram AI
Industries
Cybersecurity
AI & Machine Learning
Company Size
51-200
Company Stage
Series A
Total Funding
$19.1M
Headquarters
null
Founded
2022
Overview
Coram AI provides an AI-powered video surveillance platform that enhances security and operational efficiency by integrating with existing IP cameras. Its features include real-time alerts for events like firearm detection and a natural language search function that allows users to quickly find specific incidents in video footage. The company operates on a subscription model and serves various sectors, including education and public safety, while also offering a physical device for on-premise processing. Coram AI's goal is to transform standard security cameras into proactive systems that improve security and business operations.
Simplify's Take
What believers are saying
- Raised $13.8M in Series A funding to enhance AI video security offerings.
- Integration with smart city initiatives positions Coram AI in urban safety solutions.
- Advancements in edge AI enhance Coram Point's on-premise processing capabilities.
What critics are saying
- Increased competition from established players like Avigilon and Hikvision.
- Potential privacy concerns and regulatory scrutiny in regions with strict data laws.
- Dependence on cloud providers poses risks if there are service disruptions.
What makes Coram AI unique
- Coram AI's platform is hardware-agnostic, integrating with any existing IP camera.
- The natural language search feature reduces time to find specific video incidents.
- Coram Point offers on-premise processing, enhancing speed and simplicity of setup.
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Funding
Total Funding
$19.1M
Meets
Industry Average
Funded Over
2 Rounds
Battery VenturesIndustry standards
Benefits
Health Insurance
Dental Insurance
Vision Insurance
401(k) Retirement Plan
Company Equity
Growth & Insights and Company News
6 month growth
↑ 1%1 year growth
↓ -1%2 year growth
↓ -9%Coram AI, a pioneer in LLM-powered video security, today announced it has raised $13.8 million in Series A funding in a round led by Battery Ventures,
Coram AI raises $13.8 million in Series A funding to bring AI to video security, boosting workplace safety and efficiency.
Coram AI, a startup integrating AI agents into existing security cameras, raised $13.8 million in a Series A round led by Battery Ventures, with participation from 8VC and Mosaic Ventures. Founded in 2022, Coram uses AI for real-time threat analysis in locations like schools and hospitals. The company plans to launch AI gun-detection software and enhance hardware offerings by 2025. Co-founders Ashesh Jain and Peter Ondruska have strong backgrounds in machine learning and computer vision.
Coram AI secures $13.8M Series A funding led by Battery Ventures for ai-powered video security.
The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.The reader should not assume that the information is accurate and complete.
Coram AI is Hiring for 17 Jobs on Simplify!
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About Coram AI
Industries
Cybersecurity
AI & Machine Learning
Company Size
51-200
Company Stage
Series A
Total Funding
$19.1M
Headquarters
null
Founded
2022
Coram AI is Hiring for 17 Jobs on Simplify!
Find jobs on Simplify and start your career today