When Stanford-trained Indian founders apply AI to physical security, the result is game-changing innovation with global impact!
What is the news?
- Hakimo, founded by Sam Joseph and Sagar Honnungar (former Stanford researchers and IIT-M graduates), has secured $10.5 million in Series A funding led by Vertex Ventures and Zigg Capital, with participation from RXR Arden Digital Ventures, and existing investors defy vc – Early Stage Venture Capital To Defy Expectations and Gokul Rajaram.
- Their AI-powered remote security monitoring solution is now deployed at more than 100 companies across industries. It targets commercial customers in industries such as car dealerships, manufacturing and real estate. These are areas where businesses have valuable assets that intruders and thieves could target.
Why is it interesting?
- Hakimo represents the perfect fusion of Indian tech talent and Silicon Valley opportunity, addressing a critical gap in the physical security market that has struggled with staffing shortages and outdated technology.
- Their solution delivers “AI security guards” at a fraction of the cost of human guards while offering superior monitoring capabilities, with their AI agent even credited with saving a life by detecting a medical emergency.
- As Piyush Kharbanda, general partner of Vertex Ventures Southeast Asia and India notes, Hakimo is “bringing ground-up technological innovation to the large but antiquated physical security industry”, exactly the kind of disruptive, globally-scalable model we look for.