logo
logo

Handshake revenue is $20 million

Handshake is worth $100 million valuation

Handshake team size is 12 employees

logo

Handshake

627-Broadway New York, New York, United States

linkedinwebsite

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.

Founded

2011

Founded

Revenue

$20M

2022 Revenue

YOY

0.00%

YOY

Funding

$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

108.00% ▲$9.6M$20M

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 DATEROUNDAMOUNTVALUATION
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

201620182020-23▼-78▼
DISTRIBUTIONQTY
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

$0$9.6K024681012
$0$9.6K024681012

Churn

Handshake has an annual churn rate of 0.00%.

-100-500%50100

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

NamePosition

Handshake Executives

NamePosition
Glen Coates CEO

Handshake Employees

NamePosition
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



How did Latka collect this data?

Play

Latka collected this data by interviewing Handshake CEO Glen Coates on 07/01/2022

Watch the podcast