D
Deako
Provides with plug-n-play light switches
About Deako
Deako, founded in 2014 by Derek Richardson, is a startup that specializes in smart lighting solutions designed for modern homes. The company operates in the smart home technology market, providing innovative lighting products that combine automation with ease of use. Deako's primary clients include homeowners, builders, and remodelers who seek to incorporate smart lighting without the usual complexities and high costs associated with installation and maintenance.
Deako's product lineup includes smart light switches, dimmers, and plugs that can be easily installed by anyone, making smart lighting accessible to a broader audience. These products offer features such as motion detection, remote control, and customizable schedules, enhancing both convenience and energy efficiency. For instance, the Deako Smart Switch allows users to control lighting through WiFi, set timers, and create specific lighting scenes to suit different moods and activities.
The company operates on a direct-to-consumer business model, selling its products through its website and other online platforms. Deako generates revenue by selling its smart lighting products and potentially through after-sales services and support. The company aims to simplify smart home technology, making it more appealing and practical for everyday use.
In summary, Deako is revolutionizing the smart home lighting market by offering user-friendly, customizable, and energy-efficient lighting solutions. The company's innovative approach addresses the common pain points of high costs and installation complexities, making smart lighting more accessible to a wider audience.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2016
- Headquarters
- Seattle, United States
- Employees
- 59
- Open positions
- 2
- Dealroom signal
- 67.6/100
- Industry
- Home Living
- Sector
- Home Living, Smart Building, Consumer Electronics, Smart Home, Hard Tech, YC W16
- Technology
- IoT InternetOfThings
- Business model
- Manufacturing
- Client focus
- b2c
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | Sep 2026 | $0 | — | Skyx Platforms | ↗ |
| LATE VC✓Equity / VC | Oct 2022 | $13M | $54M | Undisclosed | ↗ |
Growth signals
Latest recorded traffic for Deako is 26K monthly website visits, down 49% over the last three months. Deako's team declined 7.8% over the past year.
Open positions
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
Series A8 investors entered at this stage
Tandem Capital
Promus Ventures
Tekton Ventures
SV Tech Ventures
Partech- SVStrawberry Creek Ventures
Green D Ventures
Alumni Ventures
Other known investors4 additional known investors
Skyx Platforms- CVConstellar Ventures
- JCJ Cheng.
Jai Choi.
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Deako on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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