Deako

Deako is the creator of a modular smart lighting control system for homeowners. The company's innovative technology allows homeowners to effortlessly swap out light switches in their homes without the need for an electrician or turning off power. Deako's system comprises modular switches and backplates that enable customization of lighting needs, including smart switches, dimmers, motion sensors, and ceiling fan controllers.

Deako's products are designed to enhance the ambiance, convenience, and security of each room in a new home. With its plug-and-play approach, homeowners can personalize lighting scenes, set timers and schedules, and even integrate with other smart home devices. The system adapts to homeowners' preferences and anticipates their intentions, such as turning on lights and opening blinds when they approach a room.

Deako has made significant strides in recent years, with its technology being installed in one out of six new single-family homes in the US as of 2023. The company has sold over 15 million products and reported a 55% increase in gross revenue year-over-year in 2023. In February 2024, Deako was granted three new patents, bringing its total to 10 US patents and 14 international patents, further solidifying its position as an innovator in the smart lighting industry.

Key customers and partnerships

Deako has formed partnerships with several top 100 homebuilders in the US, including D.R. Horton, Meritage Homes, Toll Brothers, and Stone Martin Builders. In September 2023, Deako announced a three-year exclusive contract with Stone Martin Builders to install its modular light switches in thousands of homes across Alabama and Georgia. Similarly, in October 2023, Deako secured a two-year exclusive agreement with New Home Co. to integrate its lighting systems into homes in California, Arizona, Colorado, Washington, and Oregon.