Diligence memo · auto-generated · as of July 2, 2026
Deako, Inc.
Deako, Inc. looks fair against its niche peers and is quiet on financing cadence.
Businessfiled
Deako, Inc. operates in Hardware / Semiconductors, based in Seattle, WA, USA. We make beautiful connected light switches that allow you to control…
Sub-sector tags: Home Automation, IoT, hardware/semi.
Capital & rounds (filed)filed
Deako, Inc. has raised $50M in disclosed capital across 11 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $13M on 2022-09-30.
Most recent recorded round closed around 2024-06-28.
Valuation (modeled)modeled
Provath models Deako, Inc. at approximately $15M (range $4.4M–$33M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.85× the median modeled value of Series A Hardware / Semiconductors companies in 2022–2024 (10 peers) — value vs value, same stage and era. Within the normal band (85% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 10 months.
Last raise 2.0 yr ago; this sector typically re-raises about every 16 months.
Slightly overdue versus sector cadence.
The last round was 3.9× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 92% of Hardware / Semiconductors peers (130 compared).
Modeled value ranks above 66% of those peers.
Closest niche peers: Silicon Vistas 143 LLC, Losant IoT, Inc., Sensor Industries Corp., ARCTIC Semiconductor Corp, Inspire Semiconductor, Inc..
Peoplefiled
8 named people on file across officers, directors and signatories.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.