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Handshake

Handshake

AI HR & Recruiting · US · Est. 2014

Website
Current ARR
$1B
Growth
+367%
Annualized CAGR
Milestones
6
Milestone Timeline
Key ARR achievements
Handshake
Handshake
Revenue Growth
Source & Created: ARR.Club
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DateARR
Dec 10, 2020$21.6M
Dec 28, 2021$50M
Dec 26, 2023$134M
Dec 26, 2024$200M
Jun 20, 2025$250M
Apr 14, 2026$1B
Valuation & Funding History
Series F(Jan 19, 2022)
Amount Raised: $200MValuation: $3.5B
Series D(Nov 22, 2019)
Amount Raised: $80M
Series C(Oct 31, 2018)
Amount Raised: $40M
Series B(Nov 1, 2016)
Amount Raised: $20M
Series A(Feb 3, 2016)
Amount Raised: $10.5M
Signal Timeline
Oct 15, 2025Memo

Handshake AI Business Hit $100M ARR in 8 months

Handshake, the early-career networking and recruitment platform, has accelerated a pivot toward AI . And claims its AI business hit an $100 million annualized run rate (ARR) within just eight months after a “refounding” focused on its AI business unit.  Before this shift, the core Handshake marketplace connected 20 million students and professionals with employers across over 1,600 universities, and boasted partnerships with “100% of the Fortune 100” in recruiting outreach. Handshake’s core product historically has been a marketplace that bridges students and alumni with companies and universities, streamlining recruiting, job matching, internship placement, and employer engagement.Its new AI business seeks to leverage the platform’s massive dataset of early-career users and academic talent to provide “human data” services to AI labs, plus AI agents for job seekers and recruiters. The strategy aims to transform Handshake from a three-sided marketplace into a data/agent infrastructure business that powers AI model training and hiring assistance. Prior to the pivot, Handshake had raised substantial capital and been valued at $3.5 billion after a Series F round.  The company recently laid off ~15% of its workforce (~100 employees) to refocus resources on the AI-driven direction and is projecting that its AI business will eclipse its recruiting core by year’s end.  Combined ARR (core + AI) is forecast to double to $300M by year’s end, and reach “high hundreds of millions” in the following year. 

Aug 28, 2025Memo

Handshake AI has hit $50M ARR in 4 months

1. Handshake AI has crossed $50M ARR in 4 months since launch; it is on track to cross $100M ARR in its 1st year of operations. 2. Handshake AI provides foundation model companies with a network of experts (PhDs, researchers, professionals etc) who provide feedback to improve model performance - similar to Surge AI, Scale AI etc. 3. The Handshake network has: (1) 18M professionals (2) 500,000 PhDs (3) 3 million master’s students (4) ALL of the Fortune 500 co’s signed up (5) 92% of top 500 US universities signed up

Overview

Career network platform connecting university students and recent grads with top hiring companies.

Founded
2014
HQ
US
Industry
AI HR & Recruiting
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