GeckoLabs, an Edinburgh, Scotland, UK-based edtech startup, raised £250k in funding.
The round was led by venture capital firm AngelLab through it’s Venture Partner Andrew Weisz, who will also join the GeckoLabs board. Additional funding came from the London Co-Investment Fund.
The company intends to use the funds to strengthen its marketing activity and develop new tools for its customers as well as to open a new office in London, creating 10 jobs. It also plans to expand into North America and Asia in the near future.
Founded in Edinburgh in 2012 by CEO Matthew Lanham, GeckoLabs develops cloud-based software to help educational institutions manage and improve their recruitment processes. It currently works with over 30 of the UK’s top universities and colleges, including Robert Gordon University, Newcastle University, University of East Anglia, University of East London and University of Southampton.
During 2012, Gecko participated in ignite100, one of the UK’s top tech accelerator programmes, and graduated with investment from Northstar Ventures, IP Group, and four angel investors.