AI-powered security startup Hakimo raises $12 million, total funding hits $32 million

Hakimo, an AI-powered physical security monitoring startup, has raised $12 million in a growth funding round led by existing investor Zigg Capital.

Existing backers Neotribe Ventures, Vertex Ventures, Defy.vc and Rocketship.vc also participated in the round, bringing Hakimo’s total funding to $32 million.

Hakimo, headquartered in Menlo Park, California, plans to use the capital for product development, expansion across key sectors and geographies, and team growth. The startup also aims to broaden its platform beyond security into areas such as safety, compliance and customer experience.

Founded by Sam Joseph and Sagar Honnungar, Hakimo develops AI-based tools that work with existing security camera infrastructure. Its platform uses computer vision and real-time AI monitoring to help property owners and operators detect incidents, improve response times and reduce reliance on additional security staff.

Over the past 12 months, Hakimo has tripled revenue year on year, expanded its customer base to more than 300 and doubled its team. It has also appointed Bret Knobelauch as chief revenue officer (CRO).

It has also launched AI-powered forensic search, a feature designed to help security teams analyse footage more efficiently.

Ryan Orley, managing partner at Zigg Capital, said Hakimo had built “a category-defining AI security platform for physical spaces”.

“The real estate industry is at an inflection point as operators and tenants are under pressure to cut costs while improving safety,” he said. “Hakimo solves a key problem in formats ranging from homes to iconic buildings. This investment reflects our conviction that Hakimo is building the future of AI-powered physical security,” he said.

Sam Joseph, CEO and co-founder of Hakimo, said the financing would allow the business to “move faster across every dimension of the business”.

“We’re expanding our go-to-market efforts rapidly, deepening our product capabilities, and growing the team to match the demand we’re seeing,” he said. “The opportunity to modernise physical security is enormous, and we’re just getting started,” he said.