When I think of robot lizards, I tend to think of something rather futuristic, sci-fi, and scary. An alien army, a science experiment gone wrong, the next blockbuster dystopian movie, etc. But when Gecko Robotics thinks of lizard robots, they think of something entirely different. Jake Loosararian first came up with his idea whilst visiting a power plant during his college experience at Grove City College. Robots that could crawl up the side of infrastructure (providing the lizard inspiration) and inspect key infrastructure without risking human life and while limiting the amount of time plants and other infrastructure have to shut down.
After graduating from college, Jake launched his company, Gecko Robotics, with the help of his co-founder Troy Demmer in 2013. While at first it was a difficult proposition, with Lossararian and Demmer bootstrapping it up from the ground, Gecko Robotics began to find its legs after participating in YCombinators incubator class of 2016. Due to this, Loosararian received much needed support, including publicity, connections, and an acquisition offer. However, they turned this offer down in favor of continuing to build their company themselves.
Today, Gecko Robotics is worth 600 million dollars, develops robots providing thousands of times more data than past processes, and improves safety in many key infrastructure plants. Loosarar
ian put together two seemingly unrelated things into a process that made him a star in the tech world. He is a fantastic example of how a network of ideas, combined with a single moment of inspiration, can launch a robotic lizard empire.
Hey! I really liked the way you opened up this blog post. You hooked the reader with an interesting first couple of lines and smoothly transitioned into talking about the company. Nice job!
This is so neat. I love the idea, and the process of its growth is so interesting. I can’t believe how much Gecko Robotics is worth now. This story is an amazing demonstration of how expertise on a certain discipline, the right connections, and commitment to the idea can grow it exponentially.