Deako Overview
- Year Founded
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2014
- Status
-
Acquired/Merged
- Employees
-
61
- Latest Deal Type
-
M&A
- Latest Deal Amount
-
$40M
Deako General Information
Description
Developer of smart light products intended to make lighting customization more accessible. The company's products let homeowners control lights through a smartphone application or a smart speaker, and the switch designs of the switches are customized to the home, enabling homeowners to improve convenience when remotely turning lights on or off.
Contact Information
Website
www.deako.com(Operating Subsidiary)
Corporate Office
- 4201 Roosevelt Way Northeast
- Suite 100
- Seattle, WA 98105
- United States
Corporate Office
- 4201 Roosevelt Way Northeast
- Suite 100
- Seattle, WA 98105
- United States
Deako Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 10. Merger/Acquisition | 21-Oct-2026 | $40M | Completed | Generating Revenue | ||
| 9. Mezzanine | 03-Jul-2024 | Completed | Generating Revenue | |||
| 8. Later Stage VC | 10-Oct-2022 | Completed | Generating Revenue | |||
| 7. Later Stage VC (Series B) | 16-Mar-2021 | Completed | Generating Revenue | |||
| 6. Later Stage VC | 12-Mar-2021 | Completed | Generating Revenue | |||
| 5. Debt - PPP | 28-Apr-2020 | Completed | Generating Revenue | |||
| 4. Later Stage VC | 25-Jul-2019 | Completed | Generating Revenue | |||
| 3. Early Stage VC (Series A) | 23-May-2018 | Completed | Generating Revenue | |||
| 2. Seed Round | 28-Jun-2016 | $6.77M | $6.89M | Completed | Startup | |
| 1. Accelerator/Incubator | 22-Mar-2016 | $120K | $120K | Completed | Startup |
Deako Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series B Prime | ||||||||
| Series B CN | ||||||||
| Series A CN | ||||||||
| Series A Prime | ||||||||
| Seed CN | 1,441,882 | $0.001000 | 6% | $0.47 | $0.47 | 1x | $0.4 | 1.08% |
| Seed Prime | 6,500,738 | $0.001000 | 6% | $0.79 | $0.79 | 1x | $0.6 | 5.43% |
Deako Comparisons
Industry
Financing
Details
Deako Competitors (21)
One of Deako’s 21 competitors is Netatmo, a Formerly VC-backed company based in Boulogne-Billancourt, France.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Netatmo | Formerly VC-backed | Boulogne-Billancourt, France | ||||
| Jung (Electrical Equipment) | Corporation | Schalksmuhle, Germany | ||||
| Tado | Venture Capital-Backed | Munich, Germany | ||||
| Hive (Electronics (B2C) | Formerly VC-backed | Berkshire, United Kingdom | ||||
| iDevices | Formerly VC-backed | Avon, CT |
Deako Patents
Deako Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| WO-2024054582-A2 | Configurable devices and other systems and methods | Inactive | 07-Sep-2022 | ||
| WO-2024054582-A3 | Configurable devices and other systems and methods | Inactive | 07-Sep-2022 | ||
| US-10700477-B1 | Modular device backbone for a network of user-swappable products | Active | 31-Aug-2017 | ||
| US-10944220-B1 | Modular device backbone for a network of user-swappable products | Active | 31-Aug-2017 | ||
| US-12176660-B1 | Modular device backbone for a network of user-swappable products | Active | 31-Aug-2017 | G05F1/565 |
Deako Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Deako Former Investors (19)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Alumni Ventures | Venture Capital | Minority | ||
| Columbia Pacific Advisors | Asset Manager | Minority | ||
| Constellar Ventures | Family Office | Minority | ||
| Angel (individual) | Minority | |||
| Angel (individual) | Minority |
Deako FAQs
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When was Deako founded?
Deako was founded in 2014.
-
Where is Deako headquartered?
Deako is headquartered in Seattle, WA.
-
What is the size of Deako?
Deako has 61 total employees.
-
What industry is Deako in?
Deako’s primary industry is Electronics (B2C).
-
Is Deako a private or public company?
Deako is a Private company.
-
What is the current valuation of Deako?
The current valuation of Deako is .
-
What is Deako’s current revenue?
The current revenue for Deako is .
-
How much funding has Deako raised over time?
Deako has raised $49.5M.
-
Who are Deako’s investors?
Alumni Ventures, Columbia Pacific Advisors, Constellar Ventures, , and are 5 of 19 investors who have invested in Deako.
-
Who are Deako’s competitors?
Netatmo, Jung (Electrical Equipment), Tado, Hive (Electronics (B2C), and iDevices are some of the 21 competitors of Deako.
-
When was Deako acquired?
Deako was acquired on 21-Oct-2026.
-
Who acquired Deako?
Deako was acquired by SKYX Platforms.
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