Deako - About the company
Deako is a series B company based in Seattle (United States), founded in 2015 by Alexander Strunkin and Derek Richardson. It operates as a Manufacturer of modular smart lighting systems and related accessories. Deako has raised $65.1M in funding from investors like Y Combinator, Kinetic Ventures and Tandem Capital. The company has 4290 active competitors, including 573 funded and 389 that have exited. Its top competitors include companies like Landis+Gyr, Sense and Metronome.
Company Details
Manufacturer of modular smart lighting systems and related accessories. The company provides smart switches, dimmers, plugs, and simple switches, including motion sensor, nightlight, timer, and ceiling fan controllers. It also offers whole-home solutions, backplates, and faceplates. The company's lighting systems allow users to personalize lighting based on lifestyle.
- Website
- www.deako.com/
- Social
- Registered Address
- Suite 100 - 4201 Roosevelt NE, Seattle, WA 98105, US
Key Metrics
Founded Year
2015
Location
Seattle, United States
Stage
Series B
Total Funding
$65.1M in 13 rounds
Latest Funding Round
Investors
Ranked
11th among 4290 active competitors
Employee Count
61 as on May 31, 2026
Similar Companies
Legal entities associated with Deako
Deako is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
DEAKO, INC CIN: 47-3320776 , United States, Active | Feb 26, 2015 | - | 21 (As on Dec 31, 2020) | - |
Sign up to download Deako's company profile
Deako's funding and investors
Deako has raised a total funding of $65.1M over 13 rounds. Its first funding round was on Nov 06, 2015. Deako has 12 institutional investors.
Here is the list of recent funding rounds of Deako:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 28, 2024 | 5843059 | Series B | 3172472 | 6791167 | 6484828 | 7852708 |
Oct 10, 2022 | 6991385 | Series B | 1404347 | 9078250 | 4037169 | 9257489 |
Mar 15, 2021 | 5282003 | Series B | 2066917 | 3896161 | 8130382 |
Access funding benchmarks and valuations. Sign up today!View details of Deako's funding rounds and investors
Deako's founders and board of directors
Founder? Claim ProfileThe founders of Deako are Alexander Strunkin and Derek Richardson.
Here are the details of Deako's key team members:
- Alexander Strunkin: Co-Founder & CPO of Deako. They serve on the board of 1 company.Contact Info: 1 phone number
- Derek Richardson: Founder & CEO of Deako. They serve on the board of 1 company.Contact Info: 2 email addresses and 1 phone number
Deako's Board of Directors
Deako's board has 8 active members. Alexander Strunkin, Derek Richardson, Li Jun, Jun Li, Doug Renert, Wes Nicol, Douglas Renert and Brian Weeks are independent board members.Here is the list of Deako's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 10y 3m | |
zgjtscd | Independent board member | - | Current | 5y 3m |
gjzh{rj | Independent board member | - | Current | 9y 8m |
arpllbe | Independent board member | - | Current | 1y 1m |
vllnpzc | Independent board member | - | Current | 4y 8m |
vlhaja{ | Independent board member | - | Current | 9y 6m |
aymlufu | Independent board member | - | Current | 8y 3m |
lrhfjgj | Independent board member | - | Current | 7y 3m |
View details of Deako's Founder profiles and Board Members
Deako's employee count trend
Deako has 61 employees as of May 26. Here is Deako's employee count trend over the years:
Uncover Deako's growth story! Sign up today!
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
Deako's Competitors and alternates
Top competitors of Deako include Landis+Gyr, Sense and Metronome. Here is the list of Top 10 competitors of Deako, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Landis+Gyr 1896, Cham (Switzerland), Acquired | Manufacturer of electric meters and grid edge data management software | $1.03B | 77/100 | |
2nd |  Sense 2013, Cambridge (United States), Series D | Smart energy platform providing real-time electricity usage insights for homes and utilities | $177M | 76/100 | |
3rd |  Metronome 2020, San Francisco (United States), Acquired | Usage-based invoice management solutions for small businesses | $128M | 73/100 | |
4th |  SPAN 2014, San Francisco (United States), Series C | Smart energy management technology platform that modernizes residential electrical systems | $419M | 72/100 | |
5th | Phononic 2009, Durham (United States), Series F | Providing solid state thermal management solutions | $230M | 70/100 | |
6th |  Resideo 2018, Wilmington (United States), Public | Provider of smart home solutions for security, air, water, and energy | - | 70/100 | |
7th |  Bidgely 2011, Mountain View (United States), Series C | Provider of a solution for consumers to monitor and manage their household energy use | $87.7M | 69/100 | |
8th | PowerSecure 1991, Wake Forest (United States), Acquired | Energy efficiency and smart grid management solutions | - | 69/100 | |
9th |  Smart Joules 2014, Delhi (India), Series B | Provider of AI-powered energy efficiency solutions for commercial buildings | $20.7M | 68/100 | |
10th | Lifi Labs 2012, San Francisco (United States), Acquired | Provider of building energy management solutions | $14.1M | 67/100 | |
11th | Deako 2015, Seattle (United States), Series B | Manufacturer of modular smart lighting systems and related accessories | $65.1M | 67/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Deako's competitors? Click here to see the top ones
Deako's Investments and acquisitions
Deako has made no investments or acquisitions yet.
Reports related to Deako
Here is the latest report on Deako's geography:
News related to Deako
Filter this listMedia has covered Deako for a total of 3 events in the last 1 year, 1 of them has been about company updates and 1 about partnerships.
•
•
•
•
•
Smart light switch startup Deako raises $3.4M to meet growing market demandGeekWire•Jul 24, 2024•Deako, KINETIC
•
•
•
Seattle-based Deako Lighting Lights Up With New $12.5m In Funding To Meet The Growing Demand For Its Plug-n-play Light SwitchesTechStartups.com•Mar 17, 2021•Deako, Columbia Pacific Advisors, Promus Ventures, Alumni Ventures Group and 2 others
•
•
Deako Lighting to Provide Plug-N-Play Light Switches to D.R. Horton Homes Across U.S.PR Newswire•Dec 11, 2020•Deako, DR Horton
Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Are you a Founder ?
FAQs about Deako
Explore our recently published companies
- Saalfo Tech - Mysuru based, 1990 founded, Unfunded company
- Tolia - Thane based, 1979 founded, Unfunded company
- Uvtcpl - India based, Unfunded company
- Diamondexch99 - Unfunded company
- Krishna's Herbal & Ayurveda - Jodhpur based, 2007 founded, Funding Raised company
- Dash - Atlanta based, 2025 founded, Unfunded company
