# Deako

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/deako

- Industry: Consumer Products
- Headquarters: Seattle, US
- Website: www.deako.com
- Total disclosed funding: $1.4M
- Latest round: Seed (Nov 20, 2015)
- Investors on record: 1

## About

Based in Washington, US, and founded in 2015 by Alexander Strunkin, and Derek Richardson, Deako, Inc. operates as a developer and provider of smart light switches. In March 2021, Deako, Inc. raised USD 12.5 million in a Series B funding. Derek Richardson is the CEO of Deako, Inc. As of March 2021, the company employs 25 people.  

Deako, Inc. provides a simple dimmer, smart dimmer, smart switch, and simple motion sensor & timer. In addition, the company offers an online platform where customers can search for various articles about installation, upgrading switches and other frequently asked questions, and order smart lighting products. 

Deako, Inc. generates revenue from the sale of lighting products through its e-commerce platform shop.deako.com. as well as Amazon. 

Deako, Inc. plans to use its proceeds from March 2021 funding to add distribution partners, increase production capacity, and expand its array of plug-n-play light switch products to also meet the needs of multi-family and custom home builders. In addition, the company plans to hire another six to 10 people, mostly in sales and marketing to spread the word about the new modular lighting system.

## Funding rounds

- Seed, Nov 20, 2015, $1.4M — Y Combinator

## Investors

- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed