Handshake Raises $3.2 Million to Expand AI Retail Agreement Platform
Handshake has raised $3.2 million to expand its AI platform for managing retail agreements, announced in a press release. The funding round was led by Triple Point Ventures, with participation from Future Back Ventures by Bain & Company, Octopus Ventures, and other retail technology investors.
The London company provides a platform that enables retailers, wholesalers, and suppliers to make, track, and execute commercial agreements in a single system. It replaces spreadsheets and email chains with a data-driven process that improves visibility and accountability across trading teams.
Handshake plans to use the new capital to accelerate product development, expand its engineering and customer success teams, and strengthen partnerships with major retailers and suppliers. The company was founded in 2024 and focuses on improving efficiency and compliance in retail buying operations.
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