Gecko Robotics
YC W16Pittsburgh, US · Founded 2016 · Delaware corporation · 230 employees · Hiring · 28 known investors
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.
Founders & leadership· Y Combinator alumni (W16)
Gecko Robotics was founded in 2016 by Jake Loosararian and Troy Demmer.
Board


Investors · 28
Also in the syndicate · 4
Funding
SEC filings, press & company announcements$170.7M disclosed across 3 of 5 rounds · 2018–2026
- Undisclosed amountSeries DApr 2026
Cox Enterprises (lead), Founders Fund (lead), USIT, XN, Y Combinator
Source ↗ - Undisclosed amountSeries CJan 2024
Founders Fund, US Innovative Technology Fund (USIT)
Source ↗
▶$121.5MraisedJun 2025 · 29 investors · Other TechnologyRule 506(b)
- 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
▶$40MraisedDec 2019 · 32 investors · Other TechnologyRule 506(b)
- 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
▶$9.1MraisedApr 2019 · 36 investors · Other TechnologyRule 506(b)
- 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
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 overlapCompanies 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| Agency | Phase | Year | Amount |
|---|---|---|---|
| U.S. Air ForceAir Force | Phase II | 2022 | $2.4M |
| U.S. Air ForceAir Force | Phase II | 2022 | $1.5M |
| U.S. Air ForceAir Force | Phase I | 2019 | $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
Gecko Robotics raises $125 million surpassing billion-dollar valuationcnbc.com · Jun 2025Frequently 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.







