Handshake logo
Founded 2011

Handshake

2016 Revenue

$9.6M

YOY

Funding

$24.0M

Overview

About Handshake

The Handshake B2B Commerce Platform provides mobile order entry apps and B2B eCommerce solutions for manufacturers and distributors. Request a demo now.

Monthly Revenue

$800.0K

Total Expenses

$800.0K

=
Net Income

$0.0

Ebidta Margin

0.00%

+
YOY Growth

=
Rule of 40

0


How did Latka collect this data?

Podcast Youtube video

Latka collected this data by interviewing Handshake CEO Glen Coates on 06/01/2020

Watch the podcast


Headquarters

627 Broadway New YorkNew YorkUnited States

Handshake Revenue vs Funding

$Funding$Revenue

Revenue

In 2016, Handshake revenue run rate hit $9.6M in revenue.

$9.6M

Funding History

Handshake has raised a total of $24.0M.

Why are so many SaaS founders taking money from Founderpath.com instead of VC's?
Funding DateRoundTotalValuation

Customers

Handshake has 1K customers.

Lifetime Months

×
Monthly ARPU

$800.0

=
Lifetime Dollars


Acquisition Cost

Average Annual Price

$9.6K

$0$9.6K024681012

Churn

Handshake has an annual churn rate of 0.00%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-0.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

100.00%

Team

Employees

Handshake has 70 employees. They have 9 sales reps that carry a quota, an engineering team of 3 and a marketing team of 3.

201620182020-23.00%▼-78.00%▼
DistributionQty

Total Team Size

70

Engineers

3 (4%)

Sales

9 (13%)

Marketing

3 (4%)

CEO/Founder

Glen Coates

Glen Coates has 10 years experience as a professional software developer. In recent years he managed operations & IT for a global eco-friendly products brand, and based on his combined experience in software and wholesale distribution, he decided that the world needed Handshake. Glen attended the University of NSW, Sydney as both student and teacher, and holds a Bachelor of Computer Science (Hons 1st class).


CEO Q&A

What's your age?

35

Favorite online tool?

Boomerang

Favorite book?

Five disfunctions of a team

Favorite CEO?

Dave Arnold, CEO of servicemax

Advice for 20 year old self

WishI knew howi ntesnse running company is, spend more time making music


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Frequently Asked Questions about Handshake

When was Handshake founded?

Handshake was founded in 2011.


Who is the CEO of Handshake?

The CEO of Handshake is Glen Coates


How many employees does Handshake have?

Handshake has 70 employees.

How much revenue does Handshake generate?

Handshake generates $9.6M in revenue.


How much funding does Handshake have?

Handshake has raised $24.0M.


Where is Handshake headquarters?

Handshake is headquartered at 627 Broadway New YorkNew YorkUnited States

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