Funding

London-based Retail Technology Company Handshake Raises $3.2M To Scale AI-Native Platform

Jun 1, 2026 | By Team SR

London-based AI retail technology company Handshake has raised $3.2 million in funding to scale its AI-powered retail agreement platform.

SUMMARY

  • London-based AI retail technology company Handshake has raised $3.2 million in funding to scale its AI-powered retail agreement platform.

The round was led by Triple Point Ventures, with participation from Future Back Ventures by Bain & Company, Octopus Ventures, and other retail technology investors.

Founded in 2024 and headquartered in London Handshake is building an AI-driven platform that helps retailers, wholesalers and suppliers manage commercial agreements in one unified system. The platform replaces fragmented processes with a single, data-driven workflow to make, track and execute deals more efficiently.

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Led by CEO Alex Lindsay, Handshake aims to simplify complex retail negotiations, improve decision-making, and increase transparency across the supply chain.

The new round will be used to accelerate product development expand the engineering and customer success teams, and deepen partnerships with retailers and suppliers.

"Technology has transformed almost every corner of retail over the past decade, but retail buying still runs largely on spreadsheets, disconnected systems, and anecdotal memory," says Alex Lindsay, co-founder and CEO of Handshake.

"That creates enormous operational complexity in an industry where margins are tight and every commercial decision matters. We believe there's a huge opportunity to build the AI-native operating system for retail buying, one that gives retailers and suppliers the visibility, structure, and accountability they need to work better together."

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