Deako
PrivateLast Round
Convertible Debt
Jul 23, 2024
Total Funding Raised
$36.8M
Company Overview
Deako is a technology company that develops and manufactures modular smart lighting systems. Founded in 2015 and headquartered in Seattle, WA, the company's patented "plug-n-play" light switches allow homeowners to easily upgrade from basic switches to smart, connected ones without needing an electrician. The smart switches can be controlled via a mobile app, voice assistants like Google Home and Amazon Alexa, and integrate with smart home platforms. Deako's primary go-to-market strategy involves partnering with large-scale homebuilders, such as D.R. Horton, to install its backplates as a standard feature in new homes, making the entire home "smart-ready". This allows homeowners to personalize their lighting with various smart and simple switch modules after moving in. The company is venture-backed and has raised approximately $50 million to date.
Sector
Real Estate & PropTech
Verticals
Construction Tech, IoT Hardware, Smart Buildings, Consumer Electronics
Business Model
B2B2C
Customer Profile
Hardware Sales
AI Layer
Non-AI
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Deako Comps
Public and private peers based on sector, stage, and business model.
Deako Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Convertible Debt | Jul 23, 2024 | ||||
| Series B | Oct 11, 2022 | ||||
| Series B | Mar 16, 2021 | ||||
| VC Round | Feb 5, 2019 | ||||
| Series A | May 23, 2018 | ||||
Seed | Jun 30, 2016 |
Key People
Founding team and executive leadership
Deako Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Partech | Series B |
| Constellar Ventures | Series B |
| Promus Ventures | Series B |
| Y Combinator | Seed |
| Columbia Pacific Advisors | Series B |
| Onelin Capital Corporation | Series B |
| Innolinks Ventures | Series B |
Market signals
Structured signals derived from secondary market and firmographic data.
- Jan 2, 2026
Showcased integrated smart home solutions at CEDIA Expo/CIX.
- Jan 2, 2026
Showcased integrated solutions at the CEDIA Expo/CIX event.
Deako Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Deako's valuation, stock price, and market status.
