/Companies

Deako

YC W16

Seattle, US · Founded 2015 · Delaware corporation · 11 employees · 16 known investors

Find your way into Deako

Each arrow is one introduction. Sign up to fill in the first one.

10,578 people can intro you to Derek

Ask Greg Reichow to introduce you to Derek Richardson

You →Greg · together at Cypress Semiconductor →Derek

Sign up to find every way you can get introduced to Deako

  • Your email: who you already know at Deako, and who your contacts know
  • 2nd- and 3rd-degree connections: people you know who worked, studied or invested with the Deako team
  • Your LinkedIn: the connections who can make the intro for you

We rank every route by how warm it is, so you raise on warm intros instead of cold emails.

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 RichardsonFounder/CEOHe previously held leadership roles including VP, Business Unit General Manager, and Engineering Director at a hardware company, managed a 150+ person engineering and sales organization, and holds an MBA from UC Berkeley's Haas School of Business.

Board

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

Investors · 16

Agrolimen Venturesreported

How we know: Y Combinator's founder network · Not right? Tell us

Baleen Capitalreported

How we know: Y Combinator's founder network · Not right? Tell us

DefiantreportedLondon · $2M – $10M

How we know: Y Combinator's founder network · Not right? Tell us

Innolinks VenturesreportedPalo Alto

How we know: Y Combinator's founder network · Not right? Tell us

Kinetic InvestmentsreportedLondon · $600K – $1M

How we know: Y Combinator's founder network · Not right? Tell us

Promus VenturesreportedChicago

How we know: Y Combinator's founder network · Not right? Tell us

Sv Tech Ventures, Inc.reportedPalo Alto

How we know: Y Combinator's founder network · Not right? Tell us

Venture Investment AssociatesreportedPeapack

How we know: Y Combinator's founder network · Not right? Tell us

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.

Related companies · 8

SenicSenic produces smart home control devices compatible with Philips Hue and HomeKit, including wireless outdoor switches for home automation.
NETGEAR, Inc.NETGEAR designs and delivers networking solutions including routers, switches, and related hardware for consumer and enterprise customers seeking reliable connectivity, security, and digital collaboration.
TechmateTechmate connects IT teams with on-demand technical support professionals who provide on-site troubleshooting and augment overstretched internal staff. The service covers 450+ cities with experienced technicians deployed to resolve IT problems without requiring supervision.
IntelIntel designs and manufactures semiconductor processors for data center, consumer, and embedded applications, including Xeon server processors, Arc graphics processors, and mobile processors. The company serves enterprises, device manufacturers, and consumers globally.
Piggy RoboticsPiggy Robotics develops humanoid robots with artificial muscle actuators powered by a single pump, designed for mass production at consumer price points to perform household tasks.
CraftworkCraftwork provides a digital platform for residential and commercial painting projects, offering same-day quotes, scheduling, and communication tools. The company serves homeowners seeking transparent pricing and quality home service.
Zendesk New YorkThis is Zendesk's internal belonging/diversity and inclusion program page, not a company profile page for an external company. It describes Zendesk's internal culture initiatives and leadership development programs.
Per VicesPer Vices designs and manufactures software-defined radios (SDRs) for mission-critical applications, offering both commercial off-the-shelf solutions and custom designs. The company serves defense, communications, and other industries requiring high-performance radio systems.

Companies working in the same space as Deako.

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 Alumni Ventures, Gen Capital, Ligo Partners LLC, Partech Ventures, Tandem Capital, Y Combinator, Agrolimen Ventures, Baleen Capital and 8 more.
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.