# Handshake’s AI business reaches USD 100 million annual revenue in 8 months; pre-pivot valuation USD 3.5 billion, around 100 layoffs before AI focus; full-year total revenue expected to double to USD 300 million

On 2025/10/15, Upstarts Media reported that US early-career recruitment platform Handshake had reached USD 100 million ARR just 8 months after pivoting into AI, with a pre-pivot Series F valuation of USD 3.5 billion. It had recently laid off around 100 people to focus on AI and expected full-year total revenue to double to USD 300 million.



Canonical: https://uniquebase.ai/news/7d69edee-5064-4233-b417-c5a7fb7604ac
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Snapshot captured: 2026-10-15T14:23:27.067Z
English updated: 2026-10-15T23:30:56.877Z

## Connected profiles

- [Handshake](/companies/handshake)
- [Kleiner Perkins](/institutions/kleiner-perkins)
- [Notable Capital](/institutions/notable-capital)

## Sources

- https://www.upstartsmedia.com/p/handshake-refounding-layoff-ai