Gecko Achieves Unicorn Status Surge in Demand for Build and Modernization Capabilities

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Gecko Robotics, the AI and robotics company developing the platform for building, operating and modernizing the world’s most critical infrastructure, doubled its valuation from its previous funding round, with a Series D valuation of $1.25 Billion. The round was led by new investors Cox Enterprises, and continuing investors USIT, XN, Founders Fund, and YCombinator.

The additional funding will accelerate Gecko's growth and its focus on building and modernizing critical sectors including defense, energy, and manufacturing, which are becoming investment priorities for governments and companies around the world. It comes in the wake of recent announcements such as Gecko’s partnership with NAES to modernize the energy sector, creating a new Extended Reality product with L3Harris, and its growing work with the Abu Dhabi National Oil Company.

“Gecko was built out of my college dorm room, to what it is today - the company ensuring the safety of public infrastructure, the optimization of energy and manufacturing facilities, and the modernization of allied militaries to deter global conflict,” said Jake Loosararian, Co-founder and CEO of Gecko Robotics. “We built our Operating Platform, Cantilever, with an ontology that starts with first principles and questions the integrity of data - because in the built world, data is guilty until proven innocent. Developing robots to diagnose built environments ensures our data and AI-powered software can transform and modernize physical infrastructure around the world. The lack of quality data that exists on our built world is why there has been a huge surge towards Gecko.”

“At Cox Enterprises, we invest in durable companies solving complex, high-value problems. Gecko’s AI platform represents the future of infrastructure intelligence, and we’re proud to support them at this critical stage of growth,” said Andrew Davis, Senior Vice President of Strategy and Investments at Cox Enterprises.

“While much of the tech industry is focused on consumer AI applications, Gecko Robotics is using AI to address an important, underappreciated challenge – the building and maintenance of critical infrastructure. Gecko’s business continues to grow as organizations across a wide variety of sectors realize this work is more safely and thoroughly performed by sensors and robots than humans,” said Trae Stephens, Partner at Founders Fund.

Gecko was also announced on CNBC’s prestigious Disruptor 50 list this week—the second year in a row that the company has featured on the annual publication of the most innovative private companies.

Gecko helps the world’s most important organizations - ranging from the U.S. military to Fortune 100 companies - build, operate, and modernize their critical infrastructure. Across industries Gecko is drastically reducing shutdowns and asset downtime and saving organizations billions of dollars. Gecko uses a variety of robots that can climb, fly, and swim to collect an unprecedented amount of data on built structures, such as US Navy warships, power plants, and public infrastructure. The Operating Platform, Cantilever, provides a decision making structure that can predict pipeline explosions, modernize a C-130 aircraft, or use AI to recommend how to operate a power plant at 3-5% greater efficiency.