About Deako
Deako is a company based in Seattle (United States) founded in 2015. Deako has raised $65.14 million across 13 funding rounds from investors including Kinetic Ventures, Tandem Capital and Y Combinator. Deako offers products and services including Smart Switch, Smart Dimmer, Simple Motion Sensor Switch, Smart Plug, and Deako App. Deako operates in a competitive market with competitors including Particle, ecobee, Signify, Landis+Gyr and Nanoleaf, among others.
- Headquarter Seattle, United States
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Sectors
Business ServicesEnergy & Utilities Technology
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Phone
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Website
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Social
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- Legal Name Deako, Inc
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$65.14 M (USD)
in 13 rounds
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Latest Funding Round
$3.41 M (USD), Series B
Jun 28, 2024
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Investors
Kinetic Ventures
& 2 more
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Employee Count
Not available
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Products & Services of Deako
Deako offers a comprehensive portfolio of products and services, including Smart Switch, Smart Dimmer, Simple Motion Sensor Switch, Smart Plug, and Deako App.
Controls lights via app for scheduling and security.
Adjusts brightness remotely for ambiance settings.
Detects motion to turn lights on automatically.
Enables smart features for plug-in devices.
Manages lighting scenes and schedules via mobile.
People of Deako
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Funding Insights of Deako
Deako has successfully raised a total of $65.14M across 13 strategic funding rounds. The most recent funding activity was a Series B round of $3.41 million completed in June 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Deako
Deako has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Kinetic Ventures, Tandem Capital and Y Combinator.
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Tandem Capital is engaged in seed funding for disruptive startups.
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Early-stage startups are accelerated via funding and educational programs.
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Investor details for Deako
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Investments & Acquisitions by Deako
Investment portfolio details for Deako
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Financial Statements - Deako
Detailed financials for Deako
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Deako Comparisons
Peer comparison for Deako
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Competitors of Deako
Deako operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Particle, ecobee, Signify, Landis+Gyr and Nanoleaf, among others.
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IoT connectivity platform from prototype to production is developed.
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Provider of smart thermostats for commercial and residential applications
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Signify is recognized as a global leader in lighting solutions.
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End-to-end energy management solutions are provided for utilities worldwide.
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Energy-efficient smart lightbulbs are developed by Nanoleaf.
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Smart panels for home energy management are provided by Span.IO.
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Detailed competitors of Deako
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Latest news on Deako
Complete news archive for Deako
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Frequently Asked Questions about Deako
Deako was founded in 2015.
Deako is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
Deako is a funded company, having raised a total of $65.14M across 13 funding rounds to date.
Deako was founded in 2015 and is headquartered in Seattle, United States. Operations focus on the residential sector within the smart home industry. Products such as smart rocker switches, simple dimmers, motion sensors with timers, smart switches, and scene controllers are developed and offered. These systems enable control of lighting in homes through integrated technology solutions.
Deako's top competitors include ecobee, Particle and Landis+Gyr.
Deako offers Smart Switch, Smart Dimmer, Simple Motion Sensor Switch, Smart Plug, and Deako App.
Deako has 3 investors. Key investors include Kinetic Ventures, Tandem Capital, and Y Combinator.