Handshake Raises $3.2 Million to Expand AI Retail Agreement Platform

Jun 1, 2026
London-based retail technology company Handshake has secured $3.2 million in funding led by Triple Point Ventures to scale its AI platform that streamlines commercial agreements between retailers and suppliers.
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.

We hope you enjoyed this article

Consider subscribing to one of our newsletters like AI Funding Brief, Sales & Marketing AI Weekly or Daily AI Brief.

Also, consider following us on social media:

AI Funding News AI Brief AI Brief (X)
Free newsletter

Retail & Ecommerce AI Weekly

The weekly on AI in retail and ecommerce: shopping agents, online stores and marketplaces, checkout, and AI inside physical stores.

AI Token Webinar

Industry analysis

2025 Global Business Services Agenda: Gen AI Takes Center Stage

The Hackett Group

This industry analysis by The Hackett Group explores the transformative impact of generative artificial intelligence (Gen AI) on global business services (GBS) in 2025. The study highlights the shift from exploration to acceleration of Gen AI initiatives, with 89% of executives advancing these projects to improve customer satisfaction, innovate products, and reduce costs. The report also discusses the challenges and strategies for successful Gen AI adoption, emphasizing the need for a technology-enabled operating model and the importance of reskilling the workforce.

Read more

You may also like

Free, six days a week

Daily AI Brief: the AI news that matters, in your inbox.