Gecko Robotics announced on Thursday that it raised $125 million in a Series D funding round, raising the AI and robotics company's valuation to $1.25 billion.
The new round of funding means the Pittsburgh-based company has reached unicorn status, roughly twelve years after it was founded by Jake Loosararian. The company's previous round of funding, a $173 million Series C in December 2023, valued it at $633 million.
To date, the company has raised $347 million from investors including USIT, XN, Founders Fund and Y Combinator. Its latest round was led by new investor Cox Enterprises.
Gecko Robotics, the two-time CNBC Disruptor 50 company, ranked No. 30 on the 2025 CNBC Disruptor 50 list. It uses a variety of robots that can climb, fly and swim around critical infrastructure, gaining valuable insights and data on the structures that is then parsed via Gecko's AI-powered operating platform, Cantilever. That information is then used by organizations to optimize, maintain and monitor the infrastructure.