Handshake Raises $3.2 Million to Boost AI Retail Platform

Handshake, a London-based company specializing in AI-driven solutions for managing agreements between retailers and suppliers, has successfully raised $3.2 million in its latest funding round. This round, which took place on June 1, 2026, was led by Triple Point Ventures, with additional participation from Future Back Ventures by Bain & Company and Octopus Ventures.

Company Overview

Founded in 2024, Handshake offers an innovative platform designed to streamline the creation, tracking, and execution of commercial agreements. By integrating AI technology, the platform aims to replace traditional, fragmented processes with a more cohesive, data-driven workflow. This innovation seeks to enhance efficiency and transparency within the retail supply chain.

Leadership and Vision

The company is led by co-founders Alex Lindsay, who serves as CEO, and Peter Welch, the CTO. Under their leadership, Handshake focuses on simplifying complex retail negotiations and improving decision-making processes. "Technology has transformed almost every corner of retail over the past decade," said Alex Lindsay. "However, retail buying still runs largely on outdated systems."

Strategic Investment

The $3.2 million funding will be strategically invested to accelerate product development and expand Handshake's engineering and customer success teams. Additionally, the company plans to deepen its partnerships with retailers and suppliers, enhancing the platform's reach and effectiveness.

Investors

The funding round was spearheaded by Triple Point Ventures, a firm known for supporting innovative technology solutions. Additional investors include Future Back Ventures by Bain & Company and Octopus Ventures, both of which have a strong track record in backing transformative retail technologies.

Future Plans

With this new capital, Handshake aims to further refine its AI capabilities and broaden its market presence. The investment will help the company continue to develop its platform, ensuring it meets the evolving needs of retailers and suppliers in an increasingly competitive market.

In summary, Handshake's recent funding success highlights its potential to revolutionize the retail agreement process through advanced AI technology. As the company expands, it remains committed to enhancing efficiency and transparency across the supply chain.