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Deako - Company Overview, Founder, CEO, Funding & Investment Details

Complete information about Deako including founder details, CEO information, total funding raised, headquarters location, team size, and recent investment rounds.

Deako company logo

Plug-and-play light switches. Deako Lighting gives you the freedom to personalize your lighting for your lifestyle.

Deako is a leading innovator in modular smart lighting control systems for homeowners. Its patented technology allows homeowners to simply swap or upgrade light switches without the need for an electrician.

HeadquartersSeattle, United States
Team size51-100
Founded2015

What is Deako? - Company Overview & Details

Deako is Deako is a leading innovator in modular smart lighting control systems for homeowners. Its patented technology allows homeowners to simply swap or upgrade light switches without the need for an electrician. Founded in 2015, the company is headquartered in Seattle, United States.

Who Founded Deako?

Deako was founded by Derek Richardson.

Who are the Key Executives at Deako? - Leadership Team

Deako is led by experienced executives in key positions:

Chief Executive Officer (CEO) of Deako

Derek RichardsonCEO

Chief Technology Officer (CTO) of Deako

Wade DentonCTO

About Derek Richardson - CEO of Deako

Derek Richardson serves as the Chief Executive Officer of Deako, leading the company's strategic vision and operations.

Deako Company Details & Key Information

Where is Deako located?

Deako is headquartered in Seattle, United States.

How many employees does Deako have?

Deako has 51-100 employees.

When was Deako founded?

Deako was founded in 2015.

Deako Official Website

How much funding has Deako raised?

Deako has raised $49.7 Million across 5 funding rounds. The most recent funding was completed on 2021-04-15.

Funding Overview

Deako has raised a total of $49.7 million in funding, enabling its innovative modular smart lighting solutions.

$49.7 Million
Total Funding Raised
5
Funding Rounds
2021-04-15
Latest Round

Deako Funding History

Series B
2021-04-15
$12.5 Million

Who are the key investors in Deako?

Deako is backed by 1 key investors including . These investors focus on sectors.

Deako Investor Overview

1
Key Investors
0
Focus Areas
0
Notable Investments

Complete List of Deako Investors

What sectors do Deako investors focus on?

The investors backing Deako primarily focus on sectors.

Featured Investor:

Notable Investments:

What are Deako's future plans?

Deako Deako plans to continue expanding its market presence and product range with innovative lighting solutions.

Deako Strategic Outlook

Strategic Focus
Defined
2
Key Challenges
2
Growth Opportunities

What challenges does Deako face?

Deako has identified 2 key challenges that need to be addressed for continued growth and success.

Key Challenges for Deako

1

Increased competition in smart lighting market

2

Supply chain issues

What opportunities does Deako have?

Deako has identified 2 key opportunities for growth and market expansion.

Growth Opportunities for Deako

1

Growth in smart home technology adoption

2

Expanding partnerships with builders

Deako Strategic Position Summary

Key Focus Areas

Deako is addressing 2 strategic challenges to strengthen its market position.

Growth Potential

The company has identified 2 key opportunities for expansion and growth.

What are the latest news about Deako?

Deako has 2 recent news updates covering key business developments and market activities.

Deako News Overview

2
Recent Articles
Active
Media Coverage
2025-05-19
Latest Update

What is Deako in the news for?

Deako is currently featured in news for Connesso partners with Deako Inc.. and other significant business developments.

Recent News Articles About Deako

Article 1
2025-05-19

Connesso partners with Deako Inc..

Connesso announces a strategic partnership with Deako to deliver modular lighting solutions for smart home customers.

cepro.com
Read News
Article 2
2025-01-28

Deako Inc. partners with Amber Solutions Inc..

Deako enters a multi-phased partnership with AmberSemi to integrate next-gen power solutions into its product lines.

cepro.com
Read News

Deako FAQ - Frequently Asked Questions About Founder, CEO, Funding & Company Details

Find answers to the most common questions about Deako including information about founders, CEO, funding history, investors, headquarters location, and company details. 18 frequently asked questions covering key information about the company.

Deako Questions & Answers - Company Information

Q1

What is Deako?

Deako is a leading innovator in modular smart lighting control systems for homeowners. Its patented technology allows homeowners to simply swap or upgrade light switches without the need for an electrician.

Q2

Who founded Deako?

Deako was founded by Derek Richardson.

Q3

Who is the CEO of Deako?

The CEO of Deako is Derek Richardson.

Q4

How much funding has Deako raised?

Deako has raised a total of $$49.7 Million across 5 funding rounds. The most recent funding was completed on 2021-04-15.

Q5

Who are the investors in Deako?

Deako's key investors include .

Q6

Where is Deako headquartered?

Deako is headquartered in Seattle, United States.

Q7

When was Deako founded?

Deako was founded in 2015.

Q8

How many employees does Deako have?

Deako has 51-100 employees.

Q9

What is Deako's official website?

You can visit Deako's official website at https://www.deako.com.

Q10

What was Deako's latest funding round?

Deako's latest funding round was a Series B round of $$12.5 Million completed on 2021-04-15.

Q11

Who is founder?

Derek Richardson

Q12

Who is cto?

Wade Denton

Q13

What does the company do?

Deako develops modular smart lighting solutions that allow homeowners to customize and upgrade their lighting easily.

Q14

How much funding?

$49.7 Million

Q15

Latest funding date?

2021-04-15

Q16

What are the challenges?

Increased competition in smart lighting market Supply chain issues

Q17

What are the opportunities?

Growth in smart home technology adoption Expanding partnerships with builders

Q18

Latest news?

Connesso announces a strategic partnership with Deako to deliver modular lighting solutions for smart home customers. Deako enters a multi-phased partnership with AmberSemi to integrate next-gen power solutions into its product lines.

More Information About Deako

For additional details about Deako, including the latest news, funding updates, and company developments, explore our comprehensive company database. Find information about startup funding, company valuations, executive leadership, and business intelligence data.