Coatue-Backed Job Platform Handshake Valued at $3.5 Billion (1)

Handshake, a job network for recent college graduates, reached a valuation of $3.5 billion after a new round of financing.

The business received $200 million in an investment co-led by Coatue Management and Valiant Peregrine Fund, with participation from Base10’s Advancement Initiative and others. The San Francisco-based startup was valued at about $1.5 billion with a rounding round last year.

Other investors in Handshake include GGV Capital, Spark Capital, Kleiner Perkins, Lightspeed Venture Partners, True Ventures and EQT, according to data provider PitchBook.

Handshake CEO Garrett Lord

Source: Handshake

Handshake helps students and alumni find career opportunities. It offers a range of services, ...