Deako Celebrates Two Years on Inc. 5000 Fastest Growing List
Deako Triumphs as a Fast-Growing Innovator in Smart Lighting
Today, the innovative company Deako has been recognized as one of America's fastest-growing private companies for the second consecutive year by the esteemed Inc. 5000 list. This notable achievement speaks volumes about Deako's commitment to growth and innovation in the realm of smart lighting solutions.
Celebrating Milestones and Innovation
The recognition comes on the heels of Deako's impressive 10-year journey marked by the expansion of builder partnerships and the introduction of next-generation smart lighting technologies. Over this past decade, Deako has carved a niche for itself by focusing on figuring out how to reimagine traditional lighting into a seamless smart experience.
A Visionary Approach to Smart Lighting
CEO Derek Richardson expressed his pride in Deako's continuous recognition. "This honor reflects our team's unwavering dedication and the trust placed in us by our partners," Richardson stated. With each passing year, Deako continuously innovates, finding new ways to improve the homeowner experience.
Enhancements for the Modern Home
This year has been particularly transformative for Deako, which has celebrated its anniversary by tapping into new markets, including both new constructions and retrofits. Following the launch of their next-generation smart switch, which utilizes Magic Linking™ technology, homeowners can now set up their lighting systems in just moments. Coupled with an upgraded Deako app, the process ensures an effortlessly connected experience.
Reinforcing a Commitment to Expansion
Deako’s strategic push into expanding their builder network continues to bear fruit, ensuring that more homeowners than ever can access smart solutions. The company's collaborations with prominent builders such as D.R. Horton and Toll Brothers are paving the way for an integrated smart home future.
The Entrepreneurial Spirit in Action
Mike Hofman, editor-in-chief of Inc., highlighted the resilience demonstrated by companies on the Inc. 5000 list this year. He noted that these businesses have thrived amid economic changes and have proven that incredible growth is still achievable in challenging environments. This resilience is part of the entrepreneurial spirit, which Deako embodies fully.
Commitment to Customer Experience
Deako champions a range of solutions from whole-home smart lighting to competitive builder programs and award-winning customer service. Their mission remains focused on making smart tech accessible, customizable, and effortless for everyone, reinforcing their position in the market.
Recognition and Awards
Founded in 2015, Deako has gained accolades not only as a leader in smart lighting solutions but has also been hailed as the top Smart Lighting Control System by TecHome Builder. Their innovative approach has garnered recognition from various platforms, solidifying their reputation in the tech landscape.
Understanding the Inc. 5000 Methodology
The Inc. 5000 list ranks companies based on their percentage revenue growth over a specific period. Qualifying companies must be independent, privately held, and meet specific financial criteria. For 2025, this includes being profitable by a certain date and maintaining growth under challenging conditions.
About Deako
Deako is dedicated to redefining the smart home market with its modular smart lighting solutions, which provide unparalleled flexibility, usability, and security for homeowners. The company's collaborative efforts with top-tier builders ensure that advanced lighting control is gradually becoming a standard feature in homes across the nation.
Frequently Asked Questions
What is the Inc. 5000 list?
The Inc. 5000 list recognizes the fastest-growing private companies in America based on revenue growth metrics.
What recent innovations has Deako introduced?
Deako has launched its next-generation smart switch with Magic Linking™ technology and an upgraded app for enhanced user experience.
How does Deako support builders and homeowners?
Deako provides competitive builder programs, award-winning customer service, and smart lighting solutions tailored for homes.
Who founded Deako?
Deako was founded in 2015 by Derek Richardson, who has since led the company to remarkable success in smart tech innovation.
What is Deako's mission?
Deako aims to empower homeowners by making smart home technology accessible and customizable, enhancing their living spaces.
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