Deako
Deako provides modular smart and simple light switches, dimmers, and related accessories that allow homeowners to personalize and control their home lighting without the need for an electrician. Its plug-and-play system enables easy installation and customization, supporting both smart and traditional switches on the same platform. Deako's mission is to make smart home lighting effortless, accessible, and adaptable to individual lifestyles.
Facts
- HQ
- Seattle, WA, US
- Sectors
- Computers and Electronics Manufacturing
- Founded
- 2015
- Employees
- 64
- Total raised
- $38.2M SEC Form D filings Total of this company's SEC Form D filings
- Last round
- $3.4M · Jun 2024 SEC Form D
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Recent coverage
Front-page news, podcasts and videos about Deako
Deako Lighting Raises $3.4M Convertible Note to Expand Smart Light Switch Market Presence in 2024
Deako Lighting raised $3.4 million in a convertible note to expand its smart light switch product offerings and scale operations amid growing market demand. The Seattle-based startup's technology is now used in one out of every eight newly constructed single-family homes in the U.S.
Seattle Startup Deako Raises $13.4M, Total Funding $49.7M to Expand Smart Light Switch Technology
Seattle-based smart light switch maker Deako raised $13.4 million in new funding, bringing total investment to $49.7 million. Founded in 2015, Deako's technology enables smart home lighting integration using existing wiring and is growing despite a volatile housing market.
Deako Lighting raises $12.5M Series B as its plug-and-play smart switches land deal with D.R. Horton and commits to 1-in-8 new U.S. homes
Seattle smart-home startup Deako Lighting raised $12.5 million in a Series B to expand its plug-and-play smart light switches that work with existing wiring; the company says it has commitments to install in 1 of every 8 new U.S. single-family homes and signed a deal with D.R. Horton. Deako is adding two markets per week, reporting double-digit monthly compounded revenue growth, plans to double its 25-person team this year, and cites housing and pandemic-driven personalization tailwinds.
People
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Derek Richardson Founder
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Alexander Strunkin Founder, Co-founder
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Tyson Lunsford Executive, Chief Revenue Officer
