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Deako

Deako
2015 FOUNDED
PRIVATE STATUS
21-30 EMPLOYEES
Early Stage VC LATEST DEAL TYPE
$1.99M LATEST DEAL AMOUNT
8 INVESTORS
Description

Developer of smart light switches designed to let people remotely control lights. The company's smart light system lets home owners control lights via a smartphone app or a smart speaker, the technology works off a home's existing wiring and provides smart lighting capability without requiring smart light bulbs, enabling home owners to improve convenience when turning lights on or off.

Website
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Electronics (B2C)
Other Industries
Application Software
Primary Office
  • 4201 Roosevelt Way Northeast
  • Suite 100
  • Seattle, WA 98105
  • United States

+1 (408) 000-0000
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Deako Valuation and Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
4. Early Stage VC 19-Feb-2019 $1.99M 000.00 Completed Generating Revenue
3. Early Stage VC (Series A) 23-May-2018 00.000 000.00 000.00 Completed Generating Revenue
2. Seed Round 28-Jun-2016 $6.77M $6.89M 000.00 Completed Startup
1. Accelerator/Incubator 22-Mar-2016 $120K $120K 00.000 Completed Startup
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Deako Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion
Price
% Owned
Series A CN 00,000,000 00.000000 00 00.00 00.00 00 00.00 00.000
Series A Prime 00,000,000 00.000000 00 00.00 00.00 00 00.00 0.000
Seed Prime 0,000,000 00.000000 00 00.00 00.00 00 00.00 00.000
Seed Safe 192,789 $0.001000 6% $0.52 $0.52 1x $0.52 0.25%
Seed CN 3,205,417 $0.001000 6% $0.47 $0.47 1x $0.47 4.24%
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Deako Competitors (2)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
NETATMO Formerly VC-backed Boulogne-Billancourt, France 000 000.00 000000&0 000.00
00000 (00000000 00 Formerly VC-backed Andover, MA 00 000.00 000000&0 000.00
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Deako Investors (8)

Investor Name Investor Type Holding Investor Since Participating Rounds Board
Seat
Contact
Info
Alumni Ventures Group Venture Capital Minority 000 0000 000000 0
Green D Ventures Venture Capital Minority 000 0000 000000 0
Strawberry Creek Ventures Venture Capital Minority 000 0000 000000 0
Promus Ventures Venture Capital Minority 000 0000 000000 0
SV Tech Ventures Venture Capital Minority 000 0000 000000 0
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Deako Executive Team (3)

Name Title Board
Seat
Contact
Info
Derek Richardson Co-Founder, Chief Executive Officer & Board Member
Wes Nicol Chief Operating Officer

1 Former Executive

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Deako Board Members (1)

Name Representing Role Since Contact
Info
Derek Richardson Deako Co-Founder, Chief Executive Officer & Board Member 000 0000