Decagon revenue and valuation
Specter estimates Decagon's annual revenue at $51M to $66M and its valuation at $4.26B to $6.63B. The company last reported $30M revenue in December 2025 and was priced at $4.5B in January 2026.
- Estimated revenue
- $51M–$66M
- Estimated valuation
- $4.26B–$6.63B
- Reported revenue
- $30M
- Total funding
- $481M
- Founded
- 2023
- Headquarters
- San Francisco, United States
- Employees
- 614
Decagon revenue
Decagon last reported $30M revenue in December 2025. Specter's model puts current revenue between $51M and $66M, anchored to two reported figures.
Monthly data
| Month | Specter estimate | Low | High | Reported figure |
|---|---|---|---|---|
| $58M | $51M | $66M | ||
| $52M | $40M | $68M | ||
| $50M | $38M | $67M | ||
| $48M | $36M | $64M | ||
| $44M | $32M | $60M | ||
| $42M | $30M | $58M | ||
| $39M | $29M | $53M | ||
| $36M | $27M | $48M | ||
| $35M | $28M | $45M | ||
| $34M | $27M | $43M | ||
| $30M | $25M | $36M | $30M | |
| $29M | $15M | $53M | ||
| $27M | $16M | $46M | ||
| $26M | $16M | $43M | ||
| $25M | $16M | $39M | ||
| $24M | $15M | $38M | ||
| $23M | $15M | $34M | ||
| $22M | $15M | $31M | ||
| $21M | $14M | $30M | ||
| $20M | $14M | $27M | ||
| $19M | $15M | $24M | ||
| $18M | $14M | $22M | ||
| $17M | $14M | $20M | $17M | |
| $6.5M | $3.2M | $9.7M | ||
| $3.7M | $1.7M | $5.7M | ||
| $3.5M | $1.4M | $5.5M | ||
| $3.5M | $800K | $6.3M | ||
| $3.3M | $700K | $5.9M |
| Date | Reported figure | Source |
|---|---|---|
| $30M revenue | ||
| $17M ARR |
Decagon valuation
Decagon's valuation rose from $1.5B at its Series C in June 2025 to $4.5B at its Series D in January 2026. Specter's live estimate sits between $4.26B and $6.63B.
Monthly data
| Month | Specter estimate | Low | High | Reported valuation |
|---|---|---|---|---|
| $5.32B | $4.26B | $6.63B | ||
| $4.42B | $3.35B | $5.81B | ||
| $4.46B | $3.55B | $5.61B | ||
| $4.5B | $3.74B | $5.41B | $4.5B (press) | |
| $4.5B | $3.3B | $6.14B | ||
| $4.5B | $3.45B | $5.86B | ||
| $4.5B | $3.6B | $5.62B | ||
| $4.5B | $3.74B | $5.41B | $4.5B (press) | |
| $4.5B | $3.74B | $5.41B | $4.5B (press) | |
| $4.5B | $3.74B | $5.41B | $4.5B (round) | |
| $3.61B | $2.85B | $4.57B | ||
| $2.9B | $2.33B | $3.61B | ||
| $2.33B | $1.9B | $2.85B | ||
| $1.87B | $1.54B | $2.27B | ||
| $1.5B | $1.25B | $1.8B | $1.5B (press) | |
| $1.5B | $1.25B | $1.8B | $1.5B (press) | |
| $1.5B | $1.25B | $1.8B | $1.5B (round) | |
| $1.35B | $970M | $1.88B | ||
| $1.22B | $890M | $1.67B | ||
| $1.1B | $820M | $1.47B | ||
| $990M | $750M | $1.3B | ||
| $890M | $690M | $1.14B | ||
| $800M | $640M | $1.01B | ||
| $720M | $580M | $890M | ||
| $650M | $540M | $780M | $650M (press) | |
| $197M | $105M | $360M | ||
| $230M | $190M | $320M | ||
| $175M | $108M | $270M |
Decagon funding rounds
| Date | Round | Raised | Post-money valuation | Lead investors |
|---|---|---|---|---|
| Secondary | Undisclosed | Undisclosed | Undisclosed | |
| Series D | $250M | $4.5B | Index Ventures, Coatue | |
| Series C | $131M | $1.5B | Andreessen Horowitz, Accel | |
| Series B | $65M | Undisclosed | Bain Capital Ventures | |
| Seed | $5M | Undisclosed | Andreessen Horowitz | |
| Series A | $30M | Undisclosed | Accel |
Decagon competitors
The enterprise conversational AI market separates into agent orchestration and rapid deployment models.
| Company | Revenue | Valuation |
|---|---|---|
| $51M–$66M | $4.26B–$6.63B | |
| $330M–$480M | $14.3B–$19.4B | |
| $42M–$60M | $280M–$1.02B | |
| $8.6M–$33M | $194M–$450M | |
| $37M–$139M | $600M–$1.06B |
Decagon revenue and valuation FAQ
What is Decagon's revenue?
Specter estimates Decagon's annual revenue at $51M to $66M as of October 2026. Decagon last reported $30M revenue in December 2025.
What is Decagon's valuation?
Decagon's latest post-money valuation is $4.5B, from a January 2026 Series D. Specter's live estimate is $4.26B to $6.63B.
What is Decagon's revenue multiple?
Decagon is valued at about 150× revenue, based on its $4.5B January 2026 valuation and $30M last reported revenue. That works out to roughly $48.9K of revenue per employee.
How much funding has Decagon raised?
$481M across six rounds, from a $30M Series A in June 2024 to a Secondary in March 2026.
Who invested in Decagon?
28 investors, including Accel, Andreessen Horowitz, Bain Capital Ventures, Coatue and Index Ventures.
Who are Decagon's competitors?
Sierra, ada CX, Lorikeet and PolyAI. Specter ranks 30 competitors for Decagon.