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Deako

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Provides with plug-n-play light switches

Seattle, United StatesFounded 2016Home Living
Valuation $50–100M Last recorded · 2022
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Deako and the history behind them.

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 data

At 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

Funding history

7 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit Sep 2026 $0 — Skyx Platforms ↗
LATE VC✓Equity / VC Oct 2022 $13M $54M Undisclosed ↗
Showing the latest 2 of 7 recorded eventsBook a demo for the full funding history →

Growth signals

Deako website traffic

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.

Latest monthly visits26K 3-month web change-49% 1-year team growth-7.8%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Open positions

Openings linked to this company in Dealroom
1 distinct opening shownExplore hiring signals →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

13 investors on the cap table

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

Other known investors4 additional known investors

  • Skyx Platforms
  • Constellar Ventures
  • J Cheng.
  • Jai Choi.
Team profiled 15 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 5 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇺🇸 United States97.9%
🇮🇳 India2.1%
2 countries shown

Market sentiment

Posts on X, past 7 days

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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