Hakimo raises USD $12 million in growth funding round

Hakimo has raised USD $12 million in a growth funding round led by Zigg Capital, bringing the physical security technology company's total funding to USD $32 million.

Existing investors Neotribe Ventures, Vertex Ventures, Defy.vc and Rocketship.vc also participated. The new capital will fund product development, expansion into more sectors and hiring.

Based in Menlo Park, Hakimo sells an artificial intelligence system for physical security monitoring that works with existing camera networks. Over the past 12 months, the business says it has tripled revenue year on year, expanded its customer base to more than 300 and doubled headcount.

Hakimo has also hired Bret Knobelauch as Chief Revenue Officer as it looks to grow sales. It has expanded into new verticals and added AI-Powered Forensic Search to its platform.

Property Focus

Hakimo's core pitch is that it can add automated monitoring to legacy surveillance systems without requiring hardware replacement. According to the company, one operator can monitor an area that would previously have required ten.

It is targeting property owners and operators facing rising guarding costs and labour shortages, particularly in real estate. Customers have reported security incident reductions of as much as 60%, alongside lower guard-related spending, Hakimo says.

The business says it now monitors millions of square feet of real estate around the clock. Its customer base includes large corporates, real estate groups, multifamily housing operators and other property owners.

American Landmark Apartments is among the named users. The company owns and operates more than 36,000 units across the US Sunbelt, with gross asset value of more than USD $7 billion.

Rachel Palmer, Chief Administrative Officer at American Landmark Apartments, described how the system fits into the company's broader operating model.

"At American Landmark, we are continually looking for meaningful ways to reduce risk and better support our on-site teams," said Rachel Palmer, Chief Administrative Officer at American Landmark Apartments. "Our partnership with Hakimo reflects that commitment by providing greater visibility into potential concerns and helping our teams take proactive, informed action. While no technology can eliminate every risk, we believe investing in innovative tools like Hakimo is an important part of our ongoing effort to create communities where residents and associates feel supported."

Investor View

Zigg Capital, which led the round, focuses on companies in the built environment and physical infrastructure. Its backing adds to support from venture firms that had already invested in Hakimo.

Ryan Orley outlined the investment case from the lead investor's perspective.

"Hakimo has built a category-defining AI security platform for physical spaces," said Ryan Orley, Managing Partner at Zigg Capital. "The real estate industry is at an inflection point as operators and tenants are under pressure to cut costs while improving safety. 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."

The latest round follows a period of sustained commercial growth. Hakimo plans to deepen its presence in real estate while expanding into other markets and geographies.

It also plans to extend its system into adjacent uses beyond traditional security, including safety, compliance and customer experience, suggesting it sees its camera-based monitoring and alerting tools playing a broader role in building operations.

Growth Plan

Sam Joseph, Chief Executive Officer and Co-Founder of Hakimo, said the funding would support expansion across sales, products and staffing.

"This financing allows us to move faster across every dimension of the business," said Sam Joseph, Chief Executive Officer and Co-Founder of Hakimo. "We're expanding our go-to-market efforts rapidly, deepening our product capabilities, and growing the team to match the demand we're seeing. The opportunity to modernize physical security is enormous, and we're just getting started."