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Founded Year

2014

Stage

Series F | Alive

Total Raised

$430.5M

Valuation

$0000 

Last Raised

$200M | 3 yrs ago

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

-167 points in the past 30 days

About Handshake

Handshake is a career development platform that operates in the job placement and career services industry. The company offers a comprehensive suite of tools for students and recent graduates to find jobs, internships, and connect with potential employers. Handshake primarily serves the higher education sector, facilitating connections between students, universities, and employers. It was founded in 2014 and is based in San Francisco, California.

Headquarters Location

225 Bush Street Suite 1200

San Francisco, California, 94104,

United States

248-255-7341

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ESPs containing Handshake

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Enterprise Tech / HR Tech

The jobseeker resources market refers to the space that provides services and solutions to individuals seeking employment opportunities. This market includes job boards, recruitment agencies, career counseling services, resume writing services, and other related offerings. The demand for these resources has increased due to the rise in unemployment rates and the need for individuals to stand out i…

Handshake named as Leader among 7 other companies, including foundit, RippleMatch, and The Muse.

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Research containing Handshake

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Handshake in 3 CB Insights research briefs, most recently on Feb 9, 2023.

Expert Collections containing Handshake

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Handshake is included in 2 Expert Collections, including HR Tech.

H

HR Tech

4,169 items

The HR tech collection includes software vendors that enable companies to develop, hire, manage, and pay their workforces. Focus areas include benefits, compensation, engagement, EORs & PEOs, HRIS & HRMS, learning & development, payroll, talent acquisition, and talent management.

U

Unicorns- Billion Dollar Startups

1,244 items

Latest Handshake News

Young workers are flocking to renewable jobs, but the sector remains short on labor, reports show

Aug 2, 2023

“As hiring in big tech has slowed down, there are a lot of college students who are open to other industries,” said Handshake’s Senior Research Writer Kate Urban. Published Aug. 1, 2023 This audio is auto-generated. Please let us know if you have feedback . Dive Brief: Two new reports examining hiring and recruitment data for companies in the renewable energy sector show them ramping up their demand for early-career hires, who in turn are joining the industry in record numbers. The Interstate Renewable Energy Council’s latest National Solar Jobs Census shows a “booming” solar sector, said a release from the Solar Energy Industries Association , with 18-to-29-year-olds making up nearly a third of the solar workforce in 2022. Early career platform Handshake reports that U.S.  energy employers increased outreach to students by 86% over the past year. Eric Johnson, senior manager of talent acquisition at First Solar, said in an interview that the company has internally seen a “dramatic spike” in requests for interns, and hired its largest-ever intern group this summer. Dive Insight: Previously, First Solar brought in the majority of its interns to work in the research and development division, Johnson said, but recently has been adding roles for interns in manufacturing, supply chain, human resources, product and technology. He said that he considers it an “area of opportunity” for the company to rework its intern program so that interns are able to get experience across multiple divisions of the company, and be exposed to a variety of roles. The National Solar Jobs Census, released July 19, found that 34% of the industry’s jobs are in installation or repair, 6% are in manufacturing, 19% are in administrative, 20% are management roles, 16% are in sales, and 6% are “other.” The industry will need additional workers in all of these roles, the report said. Solar companies reported to the Interstate Renewable Energy Council that the three most difficult categories of positions to fill at their firms are management roles, engineer and scientist roles, and electrician or construction worker roles. Overall, the companies reported that a small applicant pool is the biggest contributor to this difficulty. Despite a growing migration of young workers to the renewable energy sector, the U.S.’s bold decarbonization goals necessitate even more labor. SEIA said in its release that solar reaching 30% of domestic electricity generation by 2030 will require the workforce to grow to “more than a million workers” and said the sector still has “a long way to go” to meet that goal. ”The solar industry is expected to take off dramatically in the coming years, and despite gains in labor productivity, it will require hundreds of thousands more workers to keep pace with the growth in installations as a result of the incentives in the Inflation Reduction Act,” said IREC in a summary of the report. IREC’s solar jobs census found that in 2022, 44% of solar industry employers said it was “very difficult” to find qualified applicants, the highest percentage the survey had recorded over the last 13 years. “This challenge comes with the territory for an industry that is growing rapidly and expanding into new geographic areas,” IREC said. “Mentorship programs, including registered apprenticeships, can be a valuable way to help people gain a foothold at solar firms, and are particularly helpful for women, BIPOC individuals, and other underrepresented groups seeking to advance in the industry.” IREC reported that 38% of solar firms have a mentorship or sponsorship program, with 21% providing on-the-job training. Only 13% of firms had an internship program as of 2022, the report said. Kate Urban, a senior research writer at Handshake and the author of the company’s July 20 report, said that the enthusiasm of First Solar and NextEra Energy for recruiting and training interns “stood out” to her when Handshake spoke to those companies. “There's a lot of enthusiasm for early talent in this space,” she said. Many renewable companies are in need of skilled trade workers and registered apprentices, but Urban said the industry also needs workers with backgrounds like engineering and cybersecurity. Looking ahead Johnson said that First Solar currently does a majority of its manufacturing in Ohio, where it has a “well-oiled machine” of recruitment and often engages with community colleges and high school students who plan to go directly into the workforce after graduation. Outreach with high school students has been “critical” for the company’s ability to fill manufacturing and skilled trade jobs, he said. First Solar committed $1.3 billion to expanding its domestic operations earlier this year, bringing its investment in the U.S. solar supply chain to a total of $4 billion and expanding its manufacturing facilities. The company announced further investments last week. The company is looking to replicate its Ohio recruitment strategy as it staffs a new facility in Alabama, Johnson said. Though the IREC census found that the total number of solar manufacturing jobs increased “only slightly” from 2021, there has been a post-IRA “flurry of announcements” for new domestic manufacturing facilities, “which if built could substantially increase manufacturing employment in 2023 and beyond.” Handshake is geared primarily toward students at four-year institutions, but the platform works with community colleges and technical schools and is "growing into" offering services to more of them, Urban said. The report’s data, which focused on students at four-year institutions, shows a “real jump” in interest about the renewable energy industry from students in technology majors. “I think as hiring in big tech has slowed down, there are a lot of college students who are open to other industries and looking for something that feels more stable and secure,” Urban said. Overall, she said that the data she examined showed a 71% average increase in applications to jobs at renewable energy companies over the past year. Urban noted that students also seem particularly enthusiastic about the mission of the renewable energy industry. The University of California at Berkeley, one of Handshake’s higher education partners, has a sustainability-focused student organization that coordinates career fairs that connect renewable energy employers with students for roles like internships, she said. Johnson said that after significant growth of First Solar’s summer intern program over the last two years, the company expanded the program to take on interns in the fall and spring. “The interest has seemingly spiked like crazy as people are pivoting their thought process to get into an organization like ours that is not only stable, but growing,” he said. “And it’s a company in an industry that’s trying to help the world, trying to change climate patterns. I think kids in school are seeing that, and the overall mission of the organization has driven them to us, as well.” Correction: We have updated this story to provide a more accurate description of Handshake's partner institutions. Recommended Reading

Handshake Frequently Asked Questions (FAQ)

  • When was Handshake founded?

    Handshake was founded in 2014.

  • Where is Handshake's headquarters?

    Handshake's headquarters is located at 225 Bush Street, San Francisco.

  • What is Handshake's latest funding round?

    Handshake's latest funding round is Series F.

  • How much did Handshake raise?

    Handshake raised a total of $430.5M.

  • Who are the investors of Handshake?

    Investors of Handshake include Valiant Capital Partners, Coatue, Base10 Partners, Kleiner Perkins, True Ventures and 13 more.

  • Who are Handshake's competitors?

    Competitors of Handshake include Qureos and 6 more.

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Compare Handshake to Competitors

S
Symplicity

Symplicity is a global leader in student engagement and employability software, operating within the higher education and government sectors. The company provides software solutions that enhance student experiences, streamline campus operations, and increase student engagement and employability. Its primary customers are colleges and universities worldwide. It is based in Arlington, Virginia.

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foundit

foundit operates as a global employment platform. The company offers a range of services including job listings, resume writing, interview preparation, and professional networking opportunities. foundit caters to both job seekers and employers, providing tools and services to facilitate the hiring process and career advancement. foundit was formerly known as Monster Worldwide. It was founded in 1999 and is based in Hyderabad, India.

C
CareerBuilder

CareerBuilder operates as a human resource and workforce management company. It offers human capital solutions that help employers find, hire and manage job seekers. The company was founded in 1995 and is based in Chicago, Illinois.

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RippleMatch

RippleMatch is a recruitment automation platform that specializes in connecting Gen Z job seekers with potential employers. The company streamlines the job search and application process by using AI-powered job matching to pair candidates with suitable opportunities, eliminating the need for extensive job board searches and lengthy application procedures. RippleMatch primarily serves the recruitment and human resources sector by facilitating the hiring of early career talent. It was founded in 2016 and is based in New York, New York.

V
VMock

VMock is a start-up that aims to create a social networking site geared towards career preparation. VMock's mission is to ensure that every professional has the best career journey they possibly can. The company enables this through a career development platform that leverages a sophisticated analytics engine. VMock's goal is enable users to own their careers and chart a path that helps them get to their goals.

T
The Ladders

The Ladders is a career resource dedicated to helping high-income earners and professionals 'manage, market and move-up' in their careers. The company builds data-driven tools, news, marketplaces and entertainment products for companies, recruiters and advertisers.

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