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SEATTLE, April 3, 2025 ~ Deako, the leading innovator in modular smart lighting solutions, is celebrating a major milestone as it marks its 10th anniversary as a company. This achievement not only signifies a decade of success for Deako, but also highlights the significant impact the company has had on the smart home industry.
Founded by CEO Derek Richardson, Deako began with a simple conversation between Richardson and his neighbor. Since then, the company has experienced tremendous growth and recognition. It has been named on the Inc. 5000 list of fastest-growing companies and Richardson was recently named to Entrepreneur's "Entrepreneur of 2024" list. Additionally, Deako has achieved a remarkable 155% revenue compounded annual growth rate over the past four years.
One of Deako's key accomplishments is its impressive portfolio of 15 patents in the smart lighting industry, including one for AI-Powered Home Automation. The company has also expanded its builder network to include more than 40 partners such as D.R. Horton, Meritage Homes, Toll Brothers, Maronda Homes, and Stone Martin. With projected continued growth, Deako is set to make an even bigger impact in the industry.
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In addition to its partnerships with builders, Deako has shipped over 25 million products and launched the Deako Partner Portal which allows trade organizations to buy directly from the company. Furthermore, Deako has expanded into new markets such as retrofit and renovation.
What sets Deako apart from other smart lighting solutions is its ability to serve both new construction and retrofitting projects for homeowners looking to upgrade their current lighting system. The company's success can be attributed to its superior products and programs that make it a top choice for homebuilders and developers regardless of their scale.
"We are incredibly proud of what we have accomplished in the past 10 years at Deako," said founder and CEO Derek Richardson. "It sets the stage for what's to come in our next one, five, and ten years, with new product launches and integrations on the horizon. We have built an exceptional team, established fantastic partnerships, and developed a product lineup that surpasses anything else on the market. Our growth trajectory is very promising and we are excited for what the future holds."
To celebrate this milestone, Deako has unveiled an updated logo and a newly designed website that enhances the user experience. The new logo and website reflect the company's growth and innovation with a modern, premium, aspirational, and editorial look.
For more information about Deako's products, partner programs, and its vision for the future, visit www.Deako.com. As Deako continues to revolutionize the smart home industry with its innovative solutions, it is clear that this 10-year milestone is just the beginning of many more successful years to come.
Founded by CEO Derek Richardson, Deako began with a simple conversation between Richardson and his neighbor. Since then, the company has experienced tremendous growth and recognition. It has been named on the Inc. 5000 list of fastest-growing companies and Richardson was recently named to Entrepreneur's "Entrepreneur of 2024" list. Additionally, Deako has achieved a remarkable 155% revenue compounded annual growth rate over the past four years.
One of Deako's key accomplishments is its impressive portfolio of 15 patents in the smart lighting industry, including one for AI-Powered Home Automation. The company has also expanded its builder network to include more than 40 partners such as D.R. Horton, Meritage Homes, Toll Brothers, Maronda Homes, and Stone Martin. With projected continued growth, Deako is set to make an even bigger impact in the industry.
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In addition to its partnerships with builders, Deako has shipped over 25 million products and launched the Deako Partner Portal which allows trade organizations to buy directly from the company. Furthermore, Deako has expanded into new markets such as retrofit and renovation.
What sets Deako apart from other smart lighting solutions is its ability to serve both new construction and retrofitting projects for homeowners looking to upgrade their current lighting system. The company's success can be attributed to its superior products and programs that make it a top choice for homebuilders and developers regardless of their scale.
"We are incredibly proud of what we have accomplished in the past 10 years at Deako," said founder and CEO Derek Richardson. "It sets the stage for what's to come in our next one, five, and ten years, with new product launches and integrations on the horizon. We have built an exceptional team, established fantastic partnerships, and developed a product lineup that surpasses anything else on the market. Our growth trajectory is very promising and we are excited for what the future holds."
To celebrate this milestone, Deako has unveiled an updated logo and a newly designed website that enhances the user experience. The new logo and website reflect the company's growth and innovation with a modern, premium, aspirational, and editorial look.
For more information about Deako's products, partner programs, and its vision for the future, visit www.Deako.com. As Deako continues to revolutionize the smart home industry with its innovative solutions, it is clear that this 10-year milestone is just the beginning of many more successful years to come.
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