Join Transform 2021 for the most important themes in enterprise AI & Data. Learn more.


Handshake, a New York-based startup aiming to ease the ordering process between manufactures and distributors, announced today that it closed a $14 million investment led by Sozo Ventures.

The funds from the investment will be used to expand Handshake’s technology to an omni-channel service that allows customers to place orders using a mobile device, the company said. The money will also go toward international expansion efforts.

“Our investors have a deep understanding of the challenges faced by multinational manufacturers and distributors that will be invaluable to Handshake as we execute on our vision,” said CEO Glen Coates.

In addition to Sozo, all of Handshake’s existing investors participated in this round, including Emergence Capital, SoftTech VC, and Boldstart Ventures.

Handshake has raised at least $23.5 million since 2010.

VentureBeat

VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative technology and transact. Our site delivers essential information on data technologies and strategies to guide you as you lead your organizations. We invite you to become a member of our community, to access:
  • up-to-date information on the subjects of interest to you
  • our newsletters
  • gated thought-leader content and discounted access to our prized events, such as Transform
  • networking features, and more
Become a member