D
Deako
Home Living · Seattle, United States · Founded 2016
Provides with plug-n-play light switches MoreLess
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.
Keywords: smart lighting, automation, energy-efficient, customizable, user-friendly, WiFi-enabled, direct-to-consumer, home technology, motion detection, remote control.
Company overview
Deako company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2016
- Headquarters
- Seattle, United States
- Employees
- 59
- Open positions
- 2
- Dealroom signal
- 67.6
Valuation & funding
Deako 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 | ↗ |
| SERIES B✓Equity / VC | Mar 2021 | $13M | $50M | Undisclosed | — |
| EARLY VC✓Equity / VC | May 2018 | $4M | $16M | Undisclosed | — |
| CONVERTIBLE✓Equity / VC | Sep 2017 | $2.1M | — | Tandem Capital · Strawberry Creek Ventures · Green D Ventures · Alumni Ventures | — |
| EARLY VC✓Equity / VC | Jun 2016 | Promus Ventures · Y Combinator · Tekton Ventures · SV Tech Ventures | — | ||
| SEED✓Equity / VC | Mar 2016 | Y Combinator | — |
Financials
Workforce over time
Available workforce history. Financial fields without reported data are omitted.
| Year | Employees |
|---|---|
| 2026 | 61 |
| 2025 | 64 |
| 2024 | 80 |
| 2023 | 79 |
| 2022 | 69 |
| 2021 | 33 |
| 2020 | 21 |
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.
Hiring
Open positions at Deako
Current openings linked to this company in Dealroom.
Comparisons
Deako compared with similar companies
Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.
| Company | Headquarters | Status | Employees | Total funding | Valuation |
|---|---|---|---|---|---|
UlockmeDeveloped smartlock appliance which can control locks and switches with wireless BT via smartphones |
Budapest, Hungary | Operational | 1 | $187K | $748K |
VEMMIOCreating innovative solutions that improve everyday life through artificial intelligence and senses in buildings |
Katowice, Poland | Operational | |||
Homy HubSmart garage remote access and control system |
Madrid, Spain | Operational | |||
PetcubeStay connected to your pet when you are not at home |
San Francisco, United States | Operational | |||
| Stockholms kommun, Sweden | Closed | ||||
ROCKETHOMEIoT solutions are adapted to the different needs of markets and end users |
Cologne, Germany | Operational | |||
smartmiChinese manufacturer of smart home appliances. SmartMi is part of the Xiaomi ecosystem of companies |
Dongcheng District, China | Operational | |||
RobartDevelops artificial intelligence and navigation for home robots |
Linz, Austria | Operational |
Talent graph
Deako's talent
Source: Dealroom Talent Intelligence.
Global footprint
Where Deako has talent and traffic
team presence
In the news
Latest news about Deako
Recent press, funding announcements, and product moves mentioning Deako — open to read from the original sources.
Market sentiment
What the market is saying about Deako
An AI-synthesized read of the highest-engagement posts about Deako on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
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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