Handshake Raises $80M in Series D Financing

Handshake

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.

The company intends to use the funds to expand its business reach across geographies and educational institutions, and build innovative solutions for employers to attract and hire early talent.

Led by Garrett Lord, Co-Founder and CEO, Handshake is a site for college students to find a job. Today, the community includes 17 million students and young alumni at over 1,000 colleges and universities — including 120+ minority-serving institutions. It connects up-and-coming talent across all 50 states with nearly 500,000 employers recruiting — from every Fortune 500 company to thousands of small businesses, nonprofits, startups, and more.

The company, which also has offices in Denver and London, England, recently launched an end-to-end virtual job search and recruiting solution. This year, Handshake will host over 3,000 virtual career fairs for more than 650 institutions of higher education. These virtual events will enable over 30,000 employers to manage virtual recruiting for early talent, and open virtual doors to great opportunities for millions of students.

FinSMEs

20/10/2020

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