Handshake Company Market Research Report

Company Overview

• Name: Handshake

• Mission: Handshake is driven by the mission to democratize access to opportunity and to become the best place to start or accelerate a career—no connections, experience, or luck required. They aim to provide equal access to meaningful careers for all college students, regardless of their background or the school they attend.

• Founded: Handshake was founded in 2014 by Garrett Lord, Ben Christensen, and Scott Ringwelski while they were studying at Michigan Tech University.

• Key People:

• Garrett Lord, Co-Founder and CEO

• Ben Christensen, Co-Founder

• Scott Ringwelski, Co-Founder

• Valerie Capers Workman, Chief Talent Engagement Officer

• Christine Cruzvergara, Chief Education Strategy Officer

• Nolan Farris, President of Field Operations

• Matt Greenberg, Chief Technical Officer

• Katherine Kelly, Chief Marketing Officer

• Jonathan Stull, President and COO

• Headquarters: San Francisco, California, USA. Additional offices located in Denver, New York, London, and Berlin.

• Number of Employees: The company has over 500 employees across various offices.

• Revenue: No information is available about the company's revenue.

• Reputation: Handshake is known for being the leading early career community in the U.S., connecting students and recent graduates with a robust network of universities and employers, including Fortune 500 companies.

Products

• Handshake Platform: Handshake provides a platform that connects students with potential employers, career centers, and recruiters. The platform is designed to streamline the job search and recruitment process.

• Key Features:

• Networking opportunities for over 15 million students and alumni from over 1,500 educational institutions.

• Tools for companies to build their brand and connect with emerging talent, utilizing advanced filters and customizable campaigns.

• Specialized services aiding schools and their career centers in managing career guidance and placement services efficiently.

Recent Developments

• Funding and Valuation: In 2022, Handshake raised $200 million in its Series F funding round, reaching a valuation of $3.5 billion, which more than doubled from its 2021 valuation.

• New Initiatives:

• Introduction of Handshake Talent Lab, a curated event for senior leaders investing in early talent.

• Leadership Changes: Valerie Capers Workman joined as the Chief Legal Officer, and Dr. Michael L. Lomax joined the Board of Directors.

• Product Updates: The company has streamlined its recruiting tools to integrate efficiently with existing systems like Workday and Greenhouse, enhancing the user experience for both candidates and recruiters.

• Partnerships: Handshake has strong partnerships with more than 1,500 colleges and universities and approximately 1 million employers, continually expanding its network and influence in the early career space.

This report encapsulates the major aspects of Handshake, showcasing its mission, core offerings, growth trajectory, and latest strategic initiatives, utilized to maintain its status as a leader in the career platform sector.