How Handshake hit $20M revenue and 1K customers in 2020.
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
2020 Revenue
27.08%
YOY
$23.5M
Funding
Handshake Revenue
In 2020, Handshake revenue run rate hit $20M in revenue.
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2020
Handshake hit $20M in revenue in 2020
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2016
Handshake hit $9.6M in revenue in 2016
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2011
Handshake launched in 2011 with $0 revenue
Handshake Funding History
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2020 Acquired
Handshake raised a Acquired of in June, 2020
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2020 Seed Round
Handshake raised a Seed Round of in March, 2020
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2020 Venture Round
Handshake raised a Venture Round of in March, 2020
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2018 Seed Round
Handshake raised a Seed Round of in June, 2018
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2018 Seed Round
Handshake raised a Seed Round of in May, 2018
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2016
Handshake raised a of in December, 2016
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2014
Handshake raised a of in June, 2014
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2012
Handshake raised a of in June, 2012
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| June, 01 2020 | Acquired | ||
| March, 26 2020 | Seed Round | ||
| March, 05 2020 | Venture Round | ||
| June, 08 2018 | Seed Round | ||
| May, 30 2018 | Seed Round | ||
| December, 06 2016 | |||
| June, 01 2014 | |||
| June, 01 2012 |
Team
Handshake has 12 total employees and 9 sales reps that carry a quota. They have 1,000 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%) |
Founder / CEO
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?
36
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Favorite online tool?
Boomerang
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Favorite book?
Five disfunctions of a team
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Favorite CEO?
Dave Arnold, CEO of servicemax
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Advice for 20 year old self
WishI knew howi ntesnse running company is, spend more time making music
Customers
Churn
Handshake Executives
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Glen Coates | CEO | [email protected] | - |
Handshake Employees
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Glen Coates | CEO | [email protected] | - |
Frequently Asked Questions about Handshake
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When was Handshake founded?
Handshake was founded in 2011.
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How much revenue does Handshake generate?
Handshake generates $20M in revenue.
-
Who is the CEO of Handshake
The CEO of Handshake is Glen Coates.
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How much funding does Handshake have?
Handshake raised $23.5M.
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How many employees does Handshake have?
Handshake has 12 employees.
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Where is Handshake headquarters?
Handshake is headquartered at 627-Broadway, New York, New York, 10012, United States
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