Hakimo, an AI-powered physical security platform, has raised $12 million in a growth funding round led by existing investor Zigg Capital. The round also included participation from Neotribe Ventures, Vertex Ventures, Defy.vc, and Rocketship.vc.
With the latest investment, Hakimo’s total funding has reached $32 million.
The company will use the fresh capital to accelerate product development, expand into new markets and industry segments, and grow its team. It also plans to extend its platform beyond security applications into areas such as safety, compliance, and customer experience.
Founded by Indian-origin entrepreneurs Sam Joseph and Sagar Honnungar, along with their team, Hakimo develops AI-powered security monitoring solutions that work with existing surveillance camera infrastructure. Its platform uses computer vision and AI to detect incidents, monitor properties, and support security operations in real time.
Hakimo said it has tripled its revenue over the past 12 months, marking its 3rd consecutive year of 3-fold revenue growth. During the same period, the company expanded its customer base to more than 300 clients and doubled its workforce.
The platform serves Fortune 500 companies, commercial properties, and real estate operators. Hakimo recently introduced AI-powered forensic search, enabling users to analyse security footage more efficiently.
According to the company, its AI platform allows a single operator to monitor areas that would traditionally require multiple security personnel. Customers have also reported fewer security incidents and reduced guard-related costs after implementing the solution.
Headquartered in Menlo Park, California, Hakimo integrates with existing camera systems, allowing customers to adopt AI-powered monitoring without replacing their existing hardware.
The funding comes as the Physical AI sector continues to gain momentum in India and globally. Startups are increasingly developing AI models and data infrastructure to help robots perform real-world tasks. Recent developments include Neocambrian AI launching an India-focused robotics data factory, Human Archive raising $8.2 million in seed funding, and Bengaluru-based Mowito securing $3 million in a pre-seed round to build Physical AI foundation models for industrial robots.
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