Osborne Clarke advises Handshake Solutions on $3.2 million pre-seed funding round

International legal practice Osborne Clarke has advised Handshake Solutions, an AI-powered retail agreement platform, on its $3.2 million pre-seed funding round led by Triple Point Ventures, with participation from Future Back Ventures by Bain & Company, Octopus Ventures, and other retail technology investors.

Handshake's AI-powered platform gives retailers, wholesalers, and suppliers a single transparent system to create, track, and execute commercial agreements.  

The funding will be used to accelerate product development, expand Handshake's engineering and customer success teams, and support deeper partnerships with leading retailers and suppliers as the business scales.

Retail buying is one of the last major frontiers yet to be meaningfully transformed by technology. Handshake has identified a significant opportunity to transform retail buying through AI, and the calibre of its investors reflects the strength of the team’s vision. This transaction highlights Osborne Clarke's experience advising innovative businesses on securing funding to develop their products, grow their teams and scale their operations

Uday Mehra, Associate Director, Osborne Clarke.

Uday, Mathias, and Andrew were a pleasure to work with throughout our funding round. They moved quickly, paid close attention to the detail, and were always on hand to help us work through decisions. We really appreciated how they looked beyond the transaction to make sure we were setting the business up well for the future

Alex Lindsay and Peter Welch, Co-Founders, Handshake Solutions.

The Osborne Clarke corporate team was led by associate director Uday Mehra and partner Mathias Loertscher, supported by associate Andrew Blyth.