Sydney-based Gecko has raised $350,000 in pre-Seed funding, led by accelerator Techstars with participation from Goodwater Capital and Launch House. Gecko began as a peer-to-peer marketplace for event equipment but has since transformed into a platform helping event rental businesses reach customers. The platform simplifies and centralises the rental process, eliminates delays, and offers cross-selling, referrals, and rebooking features. The cocktail of elements has increased some businesses' revenue potential by 50%. Gecko is currently in the Techstars Tech Central Sydney 2023 Accelerator, which is supported by the NSW Government. The fresh capital will help expand the platform offering, which currently hosts 120 rental businesses.
Due Diligence: Ben Kennedy, Co-Founders, LinkedIn Post
