How Much Did Handshake Raise?
Funding & Key Investors

Handshake, the prominent digital platform for early-career recruitment, has successfully secured a significant capital injection, bringing its total funding to $430.5M. This latest major strategic investment of $200M underscores the company's dominant position in the enterprise-level recruitment technology sector. By facilitating connections between millions of college students and thousands of employers, Handshake continues to scale its operations, effectively bridging the gap between academic achievement and professional opportunity on a global scale.

The recent financing round reflects strong investor confidence in the firm's ability to democratize career access. As the company matures, this influx of capital is expected to accelerate product development and expand its footprint in international markets, reinforcing its status as a critical infrastructure provider for the modern labor market.

What is Handshake?

Handshake
SoftwareHuman Resources SoftwareBusiness Services

Headquartered in San Francisco with a growing presence in Denver and London, Handshake operates as a comprehensive career network designed to streamline the transition from higher education to the workforce. The platform serves as a centralized hub where students, university career centers, and employers converge to manage recruitment workflows, job postings, and internship opportunities. By removing traditional barriers to entry—such as geographic location or institutional prestige—Handshake ensures that talent is identified based on merit and potential rather than legacy networks. Its market position is fortified by deep integrations with university systems, making it an indispensable tool for both academic institutions and corporate recruiters seeking to tap into diverse, high-potential talent pools.

How much funding has Handshake raised?

Handshake has raised a total of $430.5M across 6 funding rounds:

2016

Series A

$10.5M

Series B

$20M

2018

Series C

$40M

2020

Series D

$80M

2021

Series E

$80M

2022

Series F

$200M

Series A (2016): $10.5M with participation from Annox Capital, True Ventures, Lightspeed Venture Partners, Kleiner Perkins, and Lowercase Capital

Series B (2016): $20M led by Kleiner Perkins, True Ventures, Lightspeed Venture Partners, and Spark Capital

Series C (2018): $40M supported by Omidyar Network, The Chan Zuckerberg Initiative, EQT Ventures, and Reach Capital

Series D (2020): $80M featuring Kleiner Perkins, EQT Ventures, GGV Capital, Emerson Collective, Lightspeed Venture Partners, Spark Capital, True Ventures, and The Chan Zuckerberg Initiative

Series E (2021): $80M backed by Spark Capital, EQT, GGV Capital, Kleiner Perkins, Coatue, Valiant Peregrine Fund, Emerson Collective, True Ventures, The Chan Zuckerberg Initiative, and Lightspeed Venture Partners

Series F (2022): $200M with participation from Base10 Advancement Initiative, Coatue, and Valiant Peregrine Fund

Key Investors in Handshake

Kleiner Perkins

Kleiner Perkins is a Menlo Park-based venture capital firm that raises dedicated funds and invests in early and growth-stage technology and life-science companies, backing founders across consumer, enterprise, healthcare, and climate/hard tech with capital and operational support from seed through IPO or acquisition.

Lightspeed Venture Partners

Lightspeed Venture Partners is a global multi-stage venture capital firm that raises dedicated funds and invests in early and growth-stage technology companies across sectors such as enterprise software, consumer, fintech, and infrastructure, partnering with founders from seed through IPO/M&A.

True Ventures

True Ventures is a founder-first venture capital firm that partners with creative teams at the earliest stages, providing capital, guidance and a strong community to help build enduring technology and artificial intelligence driven companies.

What's next for Handshake?

With the successful completion of its latest funding cycle, Handshake is well-positioned to transition into a phase of sustained enterprise expansion. The strategic focus will likely shift toward enhancing the platform's artificial intelligence capabilities to provide more personalized career guidance and predictive hiring analytics. Furthermore, the company is expected to deepen its investment in global infrastructure to support its international growth objectives. By leveraging its robust data set and extensive network, Handshake aims to redefine the standards of workforce mobility, ensuring that the platform remains the primary destination for the next generation of professionals navigating an increasingly complex and competitive global economy.

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Frequently Asked Questions Regarding Handshake Financial Insights

What are the most recent funding rounds that Handshake has completed, and what were the funding rounds?
Handshake has recently completed 3 funding rounds: Series F on Jan 22, 2022, Series E on May 12, 2021, Series D on Oct 20, 2020.
What is the total amount of funding Handshake has raised to date?
Handshake has raised a total of $430.5M in funding to date.
How many funding rounds has Handshake completed?
Handshake has completed 3 funding rounds.
How much funding did Handshake raise in its most recent funding round?
Handshake raised $200M in its most recent funding round.
Who are the lead investors in Handshake's latest funding round?
The lead investor in Handshake's latest funding round was Base10 Advancement Initiative. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Handshake's history?
The largest funding round in Handshake's history was $200M.
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