Handshake revenue is $20 million
Handshake is worth $100 million valuation
Handshake team size is 12 employees
How did Latka collect this data?
Latka collected this data by interviewing Handshake CEO Glen Coates on 06/01/2012
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Handshake
627-Broadway New York, New York, United States
How Handshake hit $20M Revenue with 1K customers in 2022.
The Handshake B2B Commerce Platform provides mobile order entry apps and B2B eCommerce solutions for manufacturers and distributors. Request a demo now.
2011
Founded
$20M
2022 Revenue
YOY
$23.5M
Funding
Handshake Revenue
In 2022, Handshake revenue run rate hit $20M in revenue.
2020
Handshake hit $20M in revenue in 2020
2016
Handshake hit $9.6M in revenue in 2016
2011
Handshake launched in 2011 with $0 revenue
Handshake Funding History
Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?
2016
Handshake raised a of $14M
2014
Handshake raised a of $8M
2012
Handshake raised a of $1.5M
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| 12/06/2016 | $14M | ||
| 06/01/2014 | $8M | ||
| 06/01/2012 | $1.5M |
Team
Handshake has 12 total employees and 9 sales reps that carry a quota. They have 1000 customers an engineering team of 3 and a marketing team of 3
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 12 |
| Engineer | 3(25%) |
| Sales | 9(75%) |
| Marketing | 3(25%) |
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).
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
Customers
Handshake has 1K customers.
Lifetime Months
-
x
Monthly ARPU
$800
=
Lifetime Dollar
-
Acquisition Cost
-
Average Annual Price
$9.6K
Churn
Handshake has an annual churn rate of 0.00%.
Gross Annual Dollar Churn
-0.00%
Annual Dollar Expansion
0.00%
Net Revenue Retention
100.00%
About Handshake
Monthly Revenue
$1.7M
-
Total Expenses
$0.0
=
Net Income
$0.0
EBIDTA Margin
0.0%
+
YOY Growth
0.0%
=
Rule of 40
0
Handshake Board of Directors
| Name | Position |
|---|
Handshake Executives
| Name | Position |
|---|---|
| Glen Coates | CEO |
Handshake Employees
| Name | Position |
|---|---|
| Glen Coates | CEO |
Frequently Asked Questions about Handshake
When was Handshake founded?
Handshake was founded in 2011.
How much revenue does Handshake generate?
Handshake generates $20M in revenue.
Who is the CEO of Handshake?
The CEO of Handshake is Glen Coates.
How much funding does Handshake have?
Handshake was raised $23.5M.
How many employees does Handshake have?
Handshake has raised 12 employees.
Where is Handshake headquarters?
Handshake headquater is at United States