Fundraising Fox

Deako

YC W16

Seattle, US · Founded 2015 · Delaware corporation · 11 employees · 3 known investors

deako.com

Deako manufactures smart home electrical switches and controls that enable wireless dimming, scheduling, and automation for residential applications. The company serves builders, electricians, and home integrators seeking connected switch solutions.

ConsumerHardwareIoTHome AutomationUnited States of AmericaAmerica / Canada

Founders & leadership· Y Combinator alumni (W16)

Deako was founded in 2015 by Derek Richardson.

DRDerek Richardson
Derek RichardsoninFounder/CEO

Board

DRDoug Renert
Doug Renertin𝕏Board directorPartner at Tandem Capital
BW
Brian WeeksBoard director

Investors · 3

Reported raises · per SEC filings

Form D private placements

$48.2M disclosed across 10 of 11 rounds · 2015–2024

$3.4MraisedJul 2024 · 29 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Doug RenertDirector
  • Brian WeeksDirector
  • Derek RichardsonExecutive Officer, Director
Offering amount
$3.4M
Amount sold
$3.4M
First sale
Jun 2024
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$13.4MraisedOct 2022 · 23 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Doug RenertDirector
  • Brian WeeksDirector
  • Derek RichardsonExecutive Officer, Director
Offering amount
$13.4M
Amount sold
$13.4M
Minimum investment
$400
First sale
Sep 2022
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$12.5MraisedMar 2021 · 28 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Wes NicolExecutive Officer
  • Derek RichardsonExecutive Officer, Director
  • Brian WeeksDirector
  • Doug RenertDirector
Offering amount
$12.5M
Amount sold
$12.5M
First sale
Mar 2021
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$751.1KraisedMay 2020 · 20 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Derek RichardsonExecutive Officer, Director
  • Jun LiDirector
  • Doug RenertDirector
Offering amount
$1M
Amount sold
$751.1K
Minimum investment
$3.4K
First sale
May 2020
Incorporated
Corporation, Delaware, 2015
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$2MofferedJan 2020 · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Jun LiDirector
  • Derek RichardsonExecutive Officer, Director
  • Doug RenertDirector
Offering amount
$2M
Minimum investment
$1.5K
First sale
Dec 2019
Incorporated
Corporation, Delaware, 2015
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$1.2MraisedFeb 2019 · 30 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Doug RenertDirector
  • Derek RichardsonExecutive Officer, Director
  • Li JunExecutive Officer, Director
Offering amount
$3M
Amount sold
$1.2M
Minimum investment
$1.5K
First sale
Feb 2019
Incorporated
Corporation, Delaware, 2015
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$4.8MraisedMay 2018 · 15 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Jun LiDirector
  • Wes NicolExecutive Officer
  • Douglas RenertDirector
  • Derek RichardsonExecutive Officer, Director
Offering amount
$8.4M
Amount sold
$4.8M
Minimum investment
$3K
First sale
May 2018
Incorporated
Corporation, Delaware, 2015
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$2.1MraisedSep 2017 · 7 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Alexander StrunkinExecutive Officer, Director
  • Derek RichardsonExecutive Officer, Director
  • Doug RenertDirector
Offering amount
$5M
Amount sold
$2.1M
Minimum investment
$50K
First sale
Aug 2017
Incorporated
Corporation, Delaware, 2015
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 2

by search overlap

Companies competing with Deako for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

Frequently asked questions

What does Deako do?
Deako manufactures smart home electrical switches and controls that enable wireless dimming, scheduling, and automation for residential applications. The company serves builders, electricians, and home integrators seeking connected switch solutions.
Who founded Deako?
Deako was founded by Derek Richardson in 2015.
Who are Deako's investors?
Deako's investors include Gen Capital, Tandem Capital, Y Combinator.
How much funding has Deako raised?
Deako has disclosed $48.2M raised across 10 of its 11 known rounds.
Where is Deako headquartered?
Deako is headquartered in Seattle, US.