Hakimo raises $12M to expand AI physical security platform

Hakimo closed a $12 million growth round led by Zigg Capital, bringing total funding to $32 million. The Menlo Park company says the new capital will speed product development, hiring and expansion as it scales a physical security platform already used by 300+ customers.

Why it matters: - Hakimo is trying to replace labor-heavy physical security workflows with AI monitoring layered onto existing camera systems. - The company says customers have used the platform to cut security incidents by up to 60% and reduce guard-related costs. - The new round gives Hakimo more capital to push deeper into real estate and expand into adjacent use cases like safety, compliance and customer experience.

What happened: - Hakimo closed a $12 million growth round led by existing investor Zigg Capital. - Existing investors Neotribe Ventures, Vertex Ventures, Defy.vc and Rocketship.vc also participated. - The company said the financing brings total funding to $32 million. - Hakimo is based in Menlo Park, California.

The details: - Hakimo said revenue tripled year over year over the past 12 months. - The company said its customer base now tops 300 customers. - Hakimo said it doubled its team in the last year and added Bret Knobelauch as chief revenue officer. - The company said it has expanded into new verticals and launched AI-Powered Forensic Search. - Hakimo said its customers range from Fortune 500 enterprises to real estate operators and iconic buildings worldwide. - The platform monitors millions of square feet of real estate around the clock. - American Landmark Apartments is among the operators using Hakimo to protect residents, staff and assets. - American Landmark said Hakimo gives its teams greater visibility into potential concerns and helps them take proactive action. - Hakimo said the platform integrates with existing camera infrastructure without requiring hardware replacement. - The company said the system can let one operator monitor what previously required ten operators.

Between the lines: - The round signals investor support for security software that promises both cost savings and operational scale. - The real estate market appears to be the clearest near-term beachhead, but Hakimo is also positioning the platform for broader built-environment applications. - Zigg Capital said the real estate industry is under pressure to cut costs while improving safety, and Hakimo addresses that need across formats from homes to iconic buildings.

What's next: - Hakimo plans to deepen its presence in real estate while expanding into other markets and geographies. - The company also plans to invest more in product capabilities and add non-security use cases. - Hakimo said it will continue growing the team to match demand. - The company can be reached at press@hakimo.ai. - More information is available on Hakimo's website and Zigg Capital's website.