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Hakimo raises $12 million in a funding round led by Zigg Capital to expand its AI-powered physical security platform, accelerate product development and enter new enterprise markets.
Physical AI startup Hakimo has raised $12 million in a growth funding round led by existing investor Zigg Capital, taking its total funding to $32 million. The company will use the fresh capital to enhance its AI-powered security platform, enter new industry segments, and expand its global footprint.
AI-powered physical security startup Hakimo has raised $12 million in a growth funding round led by Zigg Capital, with participation from Neotribe Ventures, Vertex Ventures, Defy.vc, and Rocketship.vc. Following the latest investment, the Menlo Park-based company has raised a total of $32 million since its inception.
The fresh funding will be used to accelerate product innovation, expand into new geographic markets, strengthen its workforce, and broaden its artificial intelligence platform beyond traditional security applications into areas such as workplace safety, compliance, and customer experience.
Founded by Indian-origin entrepreneurs Sam Joseph, Sagar Honnungar, and their team, Hakimo develops AI-powered physical security software that works with existing surveillance camera infrastructure. The platform leverages computer vision and artificial intelligence to continuously monitor properties, detect suspicious activities, identify security incidents, and assist security teams in real time.
Unlike conventional surveillance systems that require constant human monitoring, Hakimo's platform automates threat detection and provides instant alerts without requiring customers to replace their existing camera hardware, making deployment faster and more cost-effective.
Hakimo said it has tripled its revenue over the past 12 months, marking its third consecutive year of threefold revenue growth. During the same period, the company expanded its customer base to more than 300 clients while also doubling the size of its workforce.
Its customer portfolio includes Fortune 500 companies, commercial real estate operators, and enterprise businesses that rely on continuous property surveillance and operational security.
The company attributes its growth to increasing enterprise demand for AI-driven automation that enhances security while reducing operational costs.
With the new funding, Hakimo plans to extend its platform into adjacent enterprise use cases beyond physical security. The company is developing AI solutions that can support workplace safety monitoring, regulatory compliance, operational oversight, and customer experience management.
Hakimo has also recently introduced new capabilities such as AI-powered forensic search, allowing users to quickly analyse large volumes of surveillance footage and locate specific events more efficiently.
According to the company, its platform enables a single security operator to monitor areas that would traditionally require multiple security personnel, helping customers reduce security incidents and optimise guarding costs.
Hakimo's funding comes as Physical AI continues to attract investor attention globally. The sector combines artificial intelligence, robotics, computer vision, and real-world sensor data to automate physical operations across industries including manufacturing, logistics, security, healthcare, and industrial automation.
Several startups with Indian founders have recently raised capital in this space. These include Neocambrian AI, which launched an India-focused robotics data factory for training Physical AI models, Human Archive, which secured $8.2 million in seed funding, and Bengaluru-based Mowito, which raised $3 million to develop Physical AI foundation models that enable industrial robots to learn through demonstrations instead of traditional programming.
| Particulars | Details |
|---|---|
| Company | Hakimo |
| Funding Raised | $12 million |
| Total Funding | $32 million |
| Lead Investor | Zigg Capital |
| Other Investors | Neotribe Ventures, Vertex Ventures, Defy.vc, Rocketship.vc |
| Headquarters | Menlo Park, California |
| Founders | Sam Joseph, Sagar Honnungar and team |
| Business | AI-powered Physical Security Platform |
As enterprises increasingly adopt AI to automate physical operations, Hakimo is positioning itself to become a leading player in AI-powered security infrastructure. With strong revenue momentum, a growing enterprise customer base, and plans to expand into safety and compliance solutions, the company aims to capitalize on the rapidly expanding Physical AI market while continuing to build intelligent software that enhances operational efficiency across industries.
Hakimo has raised $12 million in its latest growth funding round, taking its total funding to $32 million.
The funding round was led by Zigg Capital, with participation from Neotribe Ventures, Vertex Ventures, Defy.vc, and Rocketship.vc.
Hakimo develops an AI-powered physical security platform that uses computer vision and artificial intelligence to monitor existing surveillance camera systems, detect incidents, and automate security operations.
The company plans to invest in product development, market expansion, team growth, and extending its platform into safety, compliance, and customer experience applications.