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Handshake
Enterprise Software
Handshake is a San Francisco-based career platform connecting college students and recent graduates with employers, widely used through partnerships with university career centers across the United States.
$1.41B
+$29.40
258.15%
30 days ago
$11.39
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Handshake was founded in 2014 by Garrett Lord, Scott Ringwelski, and Ben Christensen while they were students at Michigan Technological University, based on their own frustrating experience trying to find internship and job opportunities as students at a university without the same dense recruiting relationships and on-campus employer visits that students at more prominent, larger universities typically enjoyed, motivating them to build a platform that would give students at any university, not only a small number of elite or well-connected schools, better access to employer recruiting opportunities. Handshake's core model involves partnering directly with university career services offices, which use Handshake's platform to manage their institution's job and internship postings, career fair coordination, and employer relationship management, while students at partner universities use the same platform to search and apply for opportunities, creating a two-sided network that has grown to include a very large majority of four-year colleges and universities across the United States as career center partners, giving Handshake an unusually comprehensive reach across the higher education landscape compared to competing job platforms that don't have this direct institutional integration. This university-embedded distribution model has let Handshake become a prominent platform specifically for early-career recruiting, helping address longstanding inequities in campus recruiting access, since students at less prominent regional universities and community colleges, who historically had far less access to major national employers' on-campus recruiting efforts, gain access to the same platform and employer opportunities as students at more traditionally targeted elite universities. Handshake's customers on the employer side span companies of many sizes seeking to recruit entry-level talent and interns, while its core "customers" on the university side are the career services offices that adopt Handshake as their institution's career platform. The company has raised very substantial venture funding from investors including Kleiner Perkins, Spark Capital, and Emerson Collective, reaching unicorn status, competing with LinkedIn and traditional campus recruiting approaches for the entry-level and internship hiring market.
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