Deako Celebrates 10 Years of Revolutionizing the Smart Home Industry
The Smart Modular Lighting Company's Growth and Innovation Are Set to Continue Shaping the Industry
SEATTLE, April 3, 2025 /PRNewswire/ -- Deako, the leading innovator in modular smart lighting solutions, is celebrating its 10th anniversary as a company. This milestone marks a decade of revolutionary change in the smart home industry, characterized by Deako's commitment to innovation and work with nationally recognized builders to make smart lighting accessible and effortless for all, changing the way the world connects with their homes.
Deako started with a simple conversation between CEO and founder Derek Richardson and a neighbor. Since then, Deako has been recognized on the Inc. 5000 list of the fastest-growing companies, Derek was named to Entrepreneur's inaugural "Entrepreneur of 2024" list, and the company experienced a 155% revenue compounded annual growth rate over the past four years.
Deako has also achieved the following:
- Granted 15 patents in the smart lighting industry, including one for AI-Powered Home Automation
- Expansion of builder network to more than 40 partners, including D.R. Horton, Meritage Homes, Toll Brothers, Maronda Homes, Stone Martin, and more, with projected continued growth
- Shipping of more than 25 million products
- Launch of the Deako Partner Portal, which allows trade organizations to buy directly from Deako
- Expanding into new markets, including retrofit and renovation
Deako is the only solution for modular smart lighting systems that serves both new construction and retrofitting for homeowners looking to upgrade their current lighting solution. The company's success is grounded in its ability to offer superior products and programs, making it a standout choice for homebuilders and developers, whether they build thousands of homes per year or craft fewer, customized homes yearly. Deako offers a full, whole-home smart lighting solution, competitive builder program, and award-winning customer service team that truly set it apart.
"We are so proud of the innovations Deako has introduced and the success we've achieved in the past 10 years. It truly sets the stage for what's to come for Deako in the next one, five, and ten years, with new product launches and integrations on the very near horizon," said Deako founder and CEO, Derek Richardson. "We have built an incredible team, secured fantastic partnerships and developed a product lineup that I believe is above and beyond what else is on the market. Our growth trajectory is incredibly promising and there's a lot for us to be excited about looking ahead."
In addition to celebrating this milestone, Deako is introducing an updated logo and a newly designed website that enhances the user experience even more. The new look of the logo and website provides a more modern, premium, aspirational and editorial look that aligns with Deako's growth and innovation.
For more information about Deako's products, partner programs, and the company's vision for the future, visit www.Deako.com.
About Deako
Deako is a leading innovator in modular smart lighting control systems for homeowners. With a mission to empower homeowners to enhance the ambiance, convenience, and security of their homes, Deako's modular switches offer unparalleled flexibility and ease of use. The company collaborates with top builders, including D.R. Horton, Meritage Homes, Toll Brothers, Stone Martin, and more, to bring the benefits of smart lighting to American homeowners.
Founded in 2015 by CEO Derek Richardson, Deako is headquartered in Seattle and has received recognition as the #1 Smart Lighting Control System by TecHome Builder, Top 25 Innovative IOT Companies by Entrepreneur, and Top 50 Most Promising Startups by Bloomberg. For more information, please visit www.deako.com.
View original content to download multimedia:https://www.prnewswire.com/news-releases/deako-celebrates-10-years-of-revolutionizing-the-smart-home-industry-302419186.html
SOURCE Deako