DealMakers

Jesse Zhang On Raising $231 Million To Build A Conversational AI Platform That Empowers Enterprises To Provide An AI-Driven Concierge Customer Experience

Jun 24, 2025
Jesse Zhang, founder of Decagon and a former tech entrepreneur, shares his journey from Harvard computer science to AI innovation. He discusses raising $231 million for his AI-driven customer service platform, emphasizing the importance of market adaptability and customer feedback. Jesse delves into the challenges of rapid growth and maintaining company culture while building a cohesive team. He also reveals how Decagon transforms customer experiences with AI agents, aiming to revolutionize contact centers into strategic assets.
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ANECDOTE

Learning by Customer Feedback

  • Jesse Zhang shared his startup journey, highlighting how ideas changed rapidly based on customer feedback.
  • He emphasized learning by doing and pivoting rather than sticking to preconceived notions.
ADVICE

Validate Ideas Early

  • Avoid overthinking and relying on intuition without customer validation in early startup stages.
  • Focus on gathering real customer signals to know if your idea resonates with the market.
ANECDOTE

Timing Matters in Acquisitions

  • Jesse recounted Loki's acquisition by Niantic in 2021 as a lucky, timely result.
  • He emphasized the role of timing and market conditions in successful exit outcomes.
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