D

Decagon

Series B SEC Form D Verified

Enterprise AI customer support agents that autonomously handle complex multi-step consumer requests with human-level nuance

decagon.aiSan Francisco, CA, USAFounded 2023
OpenAngels Score
93.5/ 100
Hyper-Growth AI Agent Suite
Capital RaisedVERIFIED
$100M
Post-Money: $650M Post-Money
Last Round: $65M (Series B)
Team VelocityRapid Technical Expansion
58 Headcount
+61% headcount velocity
Open Roles: 14 strategic hires
Technology MoatDefensible
Ultra-low-latency (<400ms) full-duplex voice generation and deterministic enterprise API invocation with enterprise security guardrails
Stack: Python, Rust, WebRTC
Traction RadarAccelerating
Over 4.5x revenue growth in 6 months
Enterprise Deployments
Clients: Substack, ClassPass

Investment Signals & Growth Radar

DAY 8 Intelligence5 Verified Signals
Multi-Stream Growth Detection

OpenAngels detected 5 high-velocity signals over the last 90 days.

⚡ High-Density Breakout95% Conf.

Every signal is synthesized from discrete observations across SEC Form D filings, verified headcount rosters, production changelogs, and cap table syndicate archives. Zero subjective AI speculation.

Signal Fusion Detected5 Synchronous Empirical Events

Breakout Velocity

⚡ COMPOUND: BREAKOUT VELOCITY

Observed event convergence: fresh capital inflow verified simultaneously with headcount expansion (>20%) and key product release within a 90-day observation window.

Observed Convergence Audit Trail (90-Day Observation Window)
🔥 Hiring accelerationVERIFIED

Headcount grew from 36 to 58 (+61% velocity in 90 days), with 14 open roles across voice streaming infrastructure and solutions engineering.

Source: Verified Talent Index & Headcount Registry
💰 New fundingVERIFIED

Closed $65M Series B round led by Bain Capital Ventures and Accel, bringing total raised to $100M within 12 months.

Source: SEC Form D / Lead VC Disclosure
🌍 Market expansionVERIFIED

Production rollout of full-duplex conversational voice agent achieving <400ms audio response latency with realistic interruptions and backchanneling.

Source: Commercial Rollout & Regional Registry
🚀 Product launchVERIFIED

Production rollout of full-duplex conversational voice agent achieving <400ms audio response latency with realistic interruptions and backchanneling.

Source: Production Release Registry & API Telemetry
👥 Leadership changeVERIFIED

Signed and deployed mission-critical automated support across flagship consumer platforms, resolving over 60% of complex queries without human intervention.

Source: Corporate Leadership & Syndicate Filing
Non-Speculative Audit: Empirical observation across SEC & production registriesZero Investment Promotion Policy
💰 FUNDING
2024-10-15•99%

$65M Series B Co-Led by Bain Capital Ventures & Accel

Audited Empirical Evidence

Closed $65M Series B round led by Bain Capital Ventures and Accel, bringing total raised to $100M within 12 months.

Investor Decision Rationale

Validates massive enterprise demand for autonomous end-to-end customer service execution.

Source: SEC Form D & Lead Investor DisclosuresTIER 1
🚀 PRODUCT LAUNCH
2024-09-12•97%

Sub-Second Latency Real-Time Voice AI Agent

Audited Empirical Evidence

Production rollout of full-duplex conversational voice agent achieving <400ms audio response latency with realistic interruptions and backchanneling.

Investor Decision Rationale

Expands market from text chat widgets into multi-billion-dollar enterprise contact centers.

Source: Decagon Official Engineering ReleaseTIER 1
🎯 CUSTOMER TRACTION
2024-08-25•96%

Enterprise Wins with Substack, ClassPass & Bilt Rewards

Audited Empirical Evidence

Signed and deployed mission-critical automated support across flagship consumer platforms, resolving over 60% of complex queries without human intervention.

Investor Decision Rationale

Demonstrates high resolution rates on real transactional workflows (refunds, cancellations, billing disputes).

Source: Enterprise Customer Case StudiesTIER 1
🔥 HIRING ACCELERATION
2024-09-20•94%

+22 Telephony Engineers & Enterprise Solutions Architects

Audited Empirical Evidence

Headcount grew from 36 to 58 (+61% velocity in 90 days), with 14 open roles across voice streaming infrastructure and solutions engineering.

Investor Decision Rationale

Scaling technical delivery teams to meet enterprise implementation backlog.

Source: LinkedIn Talent Insights & Public Job PostingsTIER 2
📈 REVENUE VELOCITY
2024-10-01•93%

4.5x Revenue Acceleration in Past 6 Months

Audited Empirical Evidence

ARR expanded over 4.5x in two quarters driven by usage-based automated resolution pricing.

Investor Decision Rationale

Pay-per-successful-resolution pricing aligns software vendor economics directly with customer ROI.

Source: Venture Disclosures & PitchBook DataTIER 2

Company Overview

Agentic customer experience platform enabling enterprises to deploy AI voice and chat agents that execute tasks, connect to backend APIs, and resolve complex customer requests. Founded by Jesse Zhang and Ashwin Sreenivas.

Leadership & Founding Team Pedigree

Jesse Zhang

Co-Founder & CEO

Harvard Alum, Thiel Fellow, Former Founder of Lowkey (acquired by Niantic)

Ashwin Sreenivas

Co-Founder & CTO

Cambridge CS Alum, Founder of Helia (acquired), Forbes 30 Under 30

Verified Claims & Lineage (Day 4 Engine)

CLAIM ↓ VALUE ↓ SOURCE ↓ EVIDENCE ↓ STATUS
Decagon raised $65M Series B in October 2024
VERIFIED • 99%
Canonical Value$65M
Primary SourceSEC Form D & Bain Capital Ventures Disclosures (TIER 1)
Verified Date2024-10-15
Audited Evidence: SEC regulatory filing confirms Series B closed in October 2024 led by BCV and Accel.

Company Timeline & Change Detection Radar

DAY 7 Temporal Engine6 Monitored Events

Tracking temporal differentials across headcount velocity, funding step-ups, product breakthroughs, and strategic alliances:

💎 VALUATION STEP-UP2024-10-15
99% Confidence+4.6

💰 Closed $65M Series B Co-Led by Bain Capital & Accel

Rapid capitalization validating massive enterprise demand for autonomous agentic customer operations.

Audited EvidenceChain: Event → Evidence

SEC Form D filed confirming $65M Series B closed, bringing total raised to $100M within 12 months.

Previous State$35M Series A
Observed Differential+$65M Series B expansion$100M total capital raised
Source: SEC Form D & Accel DisclosuresTIER 1
Date: 2024-10-15•5-Point Verified
🔥 HIRING ACCELERATION2024-09-20
94% Confidence+3.3

🔥 +22 Telephony Engineers & Solutions Leads Added

Scaling technical delivery squads to handle enterprise deployment backlog.

Audited EvidenceChain: Event → Evidence

Team expanded from 36 to 58 (+61% in 90 days), with 14 active open positions across sub-second telephony streaming and solutions architecture.

Previous State36 employees
Observed Differential+61% headcount velocity in 90 days58 verified employees (+22 hires)
Source: LinkedIn Talent Directory & Job ListingsTIER 2
Date: 2024-09-20•5-Point Verified
🚀 PRODUCT BREAKTHROUGH2024-09-12
98% Confidence+3.9

🚀 Launched Sub-Second Latency Real-Time Voice Agent

Expands market opportunity from web chat widgets into multi-billion-dollar enterprise phone contact centers.

Audited EvidenceChain: Event → Evidence

Production deployment of full-duplex conversational voice agent achieving <400ms audio response latency with realistic backchanneling.

Previous StateText-only chat agent interfaces
Observed DifferentialReal-time voice support breakthrough<400ms conversational telephony voice agent
Source: Decagon Official Engineering ChangelogTIER 1
Date: 2024-09-12•5-Point Verified
🎯 ENTERPRISE TRACTION2024-08-25
96% Confidence+3.8

🤝 Enterprise Deployments with Substack, ClassPass & Bilt Rewards

High resolution rates on real transactional workflows (refunds, cancellations, billing disputes).

Audited EvidenceChain: Event → Evidence

Signed and deployed mission-critical automated support across flagship consumer platforms, resolving over 60% of complex queries without human intervention.

Previous StateManual human tier-2 support queues
Observed DifferentialDeterministic enterprise API invocation60%+ automated ticket resolution rate
Source: Enterprise Customer Case StudiesTIER 1
Date: 2024-08-25•5-Point Verified
👤 KEY EXECUTIVE HIRE2024-07-30
94% Confidence+3.0

👤 Recruited Former Zendesk VP as Head of Customer Operations

Established operational governance for mission-critical enterprise contact centers.

Audited EvidenceChain: Event → Evidence

Senior leadership hire from Zendesk to manage large-scale enterprise support migrations and contact center SLA guarantees.

Previous StateFounder-led customer onboarding
Observed DifferentialEnterprise implementation scaleDedicated contact center operations leadership
Source: Corporate Governance AnnouncementTIER 2
Date: 2024-07-30•5-Point Verified
🌍 GEO EXPANSION2024-06-15
97% Confidence+3.2

🌍 Expanded Support Across 35+ Languages Globally

Enabled multinational enterprise clients to consolidate international contact centers.

Audited EvidenceChain: Event → Evidence

Deployed multi-dialect speech recognition and real-time translation models supporting 35+ languages for global e-commerce.

Previous StateEnglish-only voice support
Observed DifferentialGlobal multi-language contact center scale35+ language native speech recognition
Source: Decagon Product DocumentationTIER 1
Date: 2024-06-15•5-Point Verified

Prominent Investors & Syndicate Backers

Investors who participated in Decagon's funding rounds. Click to open verified contact details and due diligence profiles:

Founder Pitch & Syndicate DecoderActionable Strategy

When pitching customer operations and agentic software investors (Bain Capital, Accel, Elad Gil), emphasize deterministic API tool use, <400ms voice latency, and pay-per-resolution pricing.

Pitch Syndicate Co-Investors (Bain Capital Ventures)