Handshake, a San Francisco, CA-based site for early talent to find a job and get hired, raised $80m in funding. The round was led by GGV Capital with participation from EQT Ventures, Kleiner Perkins, Lightspeed Venture Partners, Spark Capital and True Ventures, along with Chan Zuckerberg Initiative, Emerson Collective and Imaginable Futures.
“Since its founding, Handshake has been laser focused on delivering on its vision to democratize job opportunity by connecting employers with job seeking students at institutions of higher education, and has built a rich network of 17 million job seekers, 1,000 institutions of higher learning and nearly 500,000 employers,” said Jeff Richards, Managing Partner of GGV. “We’re delighted to join forces with the Handshake team to help the company further expand its impact by delivering innovative, industry-leading recruitment solutions and expanding into new markets.”
The infusion of capital will enable Handshake to lead the charge in shaping the future of work by both serving an expanded universe of students across geographies and educational institutions, and building innovative solutions that revolutionize how employers attract and hire early talent to build a truly diverse and inclusive workforce.
In addition to expanding its offerings in the United States, Handshake also announced that it has launched operations in the United Kingdom where it is working in partnership with higher education institutions such as the University of Cambridge, University of York and University of Liverpool.
Announcement: Handshake Raises $80M in Series D Financing