What is Decagon Services?
Founded in 2018 by Chika Nwobi, Decagon Services distinguishes itself by recruiting top-tier talent from across Africa, accepting only the top 0.5% of applicants. Through an intensive six-month 'Learning by Doing' training program, the agency transforms these individuals into world-class software engineers proficient in various technical stacks including Java, Python, Node.js, React, iOS, Android, and C#. Decagon's unique model not only develops technical expertise but also exposes engineers to live products and agile methodologies, mentored by seasoned industry professionals. The company further supports its alumni through an International Fellowship program, placing vetted engineers with global companies on two-year contracts, offering comprehensive recruiting, onboarding, HR management, and ongoing talent support services. Decagon serves a diverse clientele, from burgeoning startups to established Fortune 500 organizations, with its alumni contributing to the success of prominent companies such as Indeed, Nike, and Mastercard.
How much funding has Decagon Services raised?
Decagon Services has raised a total of $26.5M across 2 funding rounds:
Angel/Seed
$1.5M
Debt
$25M
Angel/Seed (2021): $1.5M with participation from Timon Capital, Paul Kokoricha, Kepple Africa Ventures, and UNITED
Debt (2021): $25M led by Sterling Bank
Key Investors in Decagon Services
Timon Capital
Timon Capital is a venture capital firm specializing in Seed stage investments, focusing on companies leveraging technology to transform markets, with a particular emphasis on Sub-Saharan Africa.
Kepple Africa Ventures
Kepple Africa Ventures is a venture capital firm based in Kenya and Nigeria that invests in startups to create new industries in Africa and foster collaboration with Japanese companies.
Sterling Bank
Sterling Bank is a commercial banking establishment headquartered in Lagos, Nigeria, providing financial services and engaging in debt financing.
What's next for Decagon Services?
With substantial backing, Decagon Services is poised for accelerated growth and enhanced market penetration. The recent major strategic investment signals confidence in the company's proven model for cultivating elite African tech talent and bridging the gap between local potential and global demand. This capital will likely be instrumental in scaling Decagon's training infrastructure, expanding its recruitment reach across the continent, and strengthening its international placement partnerships. The company's focus on developing highly skilled software engineers for both the African and global markets positions it as a key player in the digital economy, ready to meet the increasing demand for specialized tech expertise.
See full Decagon Services company page
