Fundraising Fox

Gecko Robotics

YC W16

Pittsburgh, US · Founded 2016 · Delaware corporation · 230 employees · Hiring · 28 known investors

geckorobotics.com

Gecko Robotics builds robots equipped with sensors and cameras to inspect industrial structures like boilers for structural defects, replacing dangerous manual inspections at height. The company serves industrial facilities that need to inspect large equipment and infrastructure.

Advanced ManufacturingAI & Machine LearningDeep TechRoboticsArtificial IntelligenceEnergyBig DataData EngineeringUnited States of AmericaAmerica / CanadaPartly Remote

Founders & leadership· Y Combinator alumni (W16)

Gecko Robotics was founded in 2016 by Jake Loosararian and Troy Demmer.

JLJake Loosararian
Jake LoosararianinFounder/CEOJake Loosararian is co-founder and CEO of Gecko Robotics.
TDTroy Demmer
Troy DemmerFounder/COOHe attended Grove City College near Pittsburgh, where he met co-founder Jake, and together they built and bootstrapped the company before participating in Y Combinator.30 Under 30 2019

Board

GCGaetano Crupi
Gaetano CrupiinBoard directorGeneral Partner at Prime Movers Lab
ADAndrew Davis
Andrew DavisinBoard directorManaging Partner at Socium Ventures
TSTrae Stephens
Trae Stephensin𝕏Board directorPartner at Founders Fund and co-founder of Anduril

Investors · 28

Also in the syndicate · 4

Cox EnterprisesleadUS Innovative Technology Fund (USIT)USITXN

Funding

SEC filings, press & company announcements

$170.7M disclosed across 3 of 5 rounds · 2018–2026

$121.5MraisedJun 2025 · 29 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Gaetano CrupiDirector
  • Troy DemmerExecutive Officer, Director
  • Mark Jake LoosararianExecutive Officer, Director
  • Andrew DavisDirector
  • Trae StephensDirector
Offering amount
$139.9M
Amount sold
$121.5M
First sale
May 2025
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$40MraisedDec 2019 · 32 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Mark KvammeDirector
  • Mark Jacob LoosararianExecutive Officer, Director
  • Troy DemmerExecutive Officer, Director
Offering amount
$40M
Amount sold
$40M
First sale
Nov 2019
Incorporated
Corporation, Delaware, 2015
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$9.1MraisedApr 2019 · 36 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Troy DemmerExecutive Officer, Director
  • Mark Jacob LoosararianExecutive Officer, Director
Offering amount
$9.1M
Amount sold
$9.1M
First sale
Jun 2018
Incorporated
Corporation, Delaware, 2015
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

The YC application· Winter 2016 batch

Alumni Q&A

How did your company get started? (i.e., How did the founders meet? How did you come up with the idea? How did you decide to be a founder?)
The two founders, Troy and Jake, met at Grove City College near Pittsburgh, where they lived in the same dorm and played sports together. After Jake initially bootstrapped Gecko on his own, the two reconnected around a shared goal of building a robotics company for the built world.
How did you decide to apply to Y Combinator? What was your experience applying, going through the batch, and fundraising at demo day?
Jake was not aware of YC before applying. In fall 2016, the founders met Kevin Hale during a Pittsburgh recruiting visit and discussed how Gecko could scale; the company was generating revenue but not yet focused on fundraising or building a scalable business. They applied shortly after, and during the batch they turned down an acquisition offer to continue building the company.
How have you kept in touch with the YC community and continued to use YC resources & programs since the batch ended?
The founders have stayed connected mainly through Kevin Hale, Jared Friedman, Sam Altman, and Jon Levy.
What's the history of your company from getting started until the present day? What were the big inflection points?
Jake built a wall-climbing ultrasonic testing robot in 2012, and the company began generating revenue soon after without a clear path to scale. Going through YC and later declining acquisition offers and investments just before demo day were key turning points; the company now works with large energy providers as well as the U.S. Air Force and U.S. Navy.
What is the core problem you are solving? Why is this a big problem? What made you decide to work on it?
The founders are addressing the failure and downtime of aging physical infrastructure such as power plants, which operators had treated as an unavoidable cost. Jake identified the problem during a college visit to a power plant, and the founders committed the company to using robotics to inspect and maintain critical physical assets.

Summarized from the founders' answers on their Y Combinator profile.

Founder mafia

2 people who came through Gecko Robotics went on to found or lead other companies.

Competitors · 4

by search overlap

Companies competing with Gecko Robotics for the same Google search keywords, organic and paid, via search-intersection analysis.

Non-dilutive funding · 3 SBIR/STTR awards

Federal grants — no equity taken
AgencyPhaseYearAmount
U.S. Air ForceAir ForcePhase II2022$2.4M
U.S. Air ForceAir ForcePhase II2022$1.5M
U.S. Air ForceAir ForcePhase I2019$50K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

In the news

Frequently asked questions

What does Gecko Robotics do?
Gecko Robotics builds robots equipped with sensors and cameras to inspect industrial structures like boilers for structural defects, replacing dangerous manual inspections at height. The company serves industrial facilities that need to inspect large equipment and infrastructure.
Who founded Gecko Robotics?
Gecko Robotics was founded by Jake Loosararian, Troy Demmer in 2016.
Who are Gecko Robotics's investors?
Gecko Robotics's investors include Base Venture Management, Inc., Drive Capital, Fifth Down Capital, Formula VC, Friends Family Capital, FundersClub, Garage Capital, Granatus Ventures and 16 more.
How much funding has Gecko Robotics raised?
Gecko Robotics has disclosed $170.7M raised across 3 of its 5 known rounds.
Where is Gecko Robotics headquartered?
Gecko Robotics is headquartered in Pittsburgh, US.