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Industries
Data & Analytics
Robotics & Automation
Industrial & Manufacturing
Company Size
201-500
Company Stage
Series C
Total Funding
$220.5M
Headquarters
Pittsburgh, Pennsylvania
Founded
2013
Gecko Robotics provides robotic inspection and data analysis solutions aimed at ensuring the reliability and sustainability of critical infrastructure. Their main products include ultrasonic inspection robots and enterprise software that collect and analyze data on a large scale. These robots gather information about physical assets, which is then processed by the software to create detailed maps, models, and digital twins. This helps clients visualize and understand their infrastructure, allowing for better decision-making and extending the life cycle of their assets. Unlike many competitors, Gecko Robotics focuses on integrating advanced robotics with data analytics to enhance operational efficiency and safety. The goal of Gecko Robotics is to help organizations in sectors like energy, manufacturing, and defense optimize their operations and maintain their critical infrastructure.
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Total Funding
$220.4M
Above
Industry Average
Funded Over
5 Rounds
Industry standards
Unlimited PTO
Stock options & equity
401k with company match
Medical, dental, vision coverages
Parental Leave
Money Moves is a recurring series where we chart the raises, grants, contracts, mergers and other funding news of tech companies across our regions. Have a tip? Email us at pittsburgh@technical.ly.Big financial gains in Pittsburgh over the last few weeks will help build a strong robotics future and the workforce to support it. A local institute is inviting organizations to submit project ideas to improve robotics in manufacturing, with millions in funding available for the best proposals. Plus, a multi-million dollar contract between a local robotics company and the nation’s largest independent power operator is set to modernize US power plants.Meanwhile, a $250,000 grant to local workforce development organizations will create a free opportunity for Pittsburgh youth to transition into the tech workforce. Read on for more on these investments, plus other money moves shaping Pittsburgh’s future. Apply for grants toward improving robotics in manufacturing The Advanced Robotics for Manufacturing (ARM) Institute, an organization dedicated to shaping the trajectory of national manufacturing, has announced plans to award approximately $3 million to multiple projects aimed at enhancing manufacturing automation. The ARM institute is calling for project submissions in four special topic areas, with a deadline of April 9. The four special topic areas focus on improving robotics in manufacturing through: Advancements in multi-model sensing. This project would use various types of sensors to help robots better understand their environment. Instead of solely relying on cameras, robots would gather data using sound, touch or internal measurements, like force or temperature. Making robots more agile and adaptable. Right now, robots are mostly used for repetitive tasks that don’t change much
Gecko Robotics inks $100M agreement to help modernize its power plants.
Gecko Robotics plans to expand presence in UAE.
Jake Loosararian, despite initial skepticism, founded Gecko Robotics, now valued at $633 million. Starting in 2012, he worked over 100 hours weekly, balancing a full-time job and developing inspection robots. With no initial capital, he saved $40k to launch the startup. The turning point was securing $100 million in venture funding. His financial management skills were key to success.
The alleged billionaire's investment offer was hard to turn down, too: Gecko would've received $2 million in funding, and Loosararian would've kept a majority stake of more than 70% in his startup, he says.
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Industries
Data & Analytics
Robotics & Automation
Industrial & Manufacturing
Company Size
201-500
Company Stage
Series C
Total Funding
$220.5M
Headquarters
Pittsburgh, Pennsylvania
Founded
2013
Find jobs on Simplify and start your career today