Stryder Corp

Stryder Corp, doing business as Handshake, operates as a full-stack SaaS talent engagement and recruitment platform provider serving federal agencies exclusively as a prime contractor, with no subcontractor footprint and no set-aside designations across its $67.4 million portfolio. The San Francisco-based for-profit company delivers cloud-hosted recruitment software to 35 distinct federal agencies through firm fixed-price contracts, with early-career talent targeting and diversity recruitment as the core capability.

Handshake's product is a single-vendor platform: subscription access to a cloud-hosted Talent Engagement Suite connecting students, recent graduates, and employers across more than 1,000 colleges and universities. The platform includes job posting, recruitment event management, candidate analytics, employer branding tools, and premium recruiter licenses. Recent named work includes a $13.8 million definitive contract awarded May 6, 2026 by the Office of the Chief Financial Officer for early-career talent recruitment platform services (ultimate completion September 2028); a $4.3 million firm fixed-price purchase order from the Department of the Navy awarded September 30, 2024 for 20 enterprise licenses of the Talent Engagement Suite with student data access (completion September 2027); a $4.75 million purchase order from HHS's Office of the Assistant Secretary for Administration awarded September 26, 2024 for digital platform subscription and recruitment services (completion September 2028); and a $3.8 million sole-source purchase order from DHS's Chief Human Capital Officer awarded September 30, 2022 for the Secretary Honors Program Cybersecurity Training Conference platform (completion January 2025).

Customer concentration by volume is fragmented — the top five customers account for only 30% of awards — but concentrated by dollars. The Department of the Army anchors $6.5 million across two awards (Office of the Chief of Staff definitive contracts for Talent Engagement Suite); HHS's Office of the Assistant Secretary for Administration holds $4.9 million across two awards; GSA's Office of Human Resources Management carries $4.3 million across three awards; and the EPA's Office of Administration and Resource Management accounts for $3.5 million across two awards. CDC Pittsburgh leads by award count with eight contracts ($2.4 million combined), but ranks fifth by dollars. The ranking shift reflects CDC's reliance on smaller, shorter-term renewals relative to enterprise-scale Army and HHS multi-year deals. All customer work is full-and-open (no set-asides), with sole-source and competitive procurement appearing across the portfolio.

Handshake holds no parent vehicles — all work is direct agency procurement. Contracts are predominantly purchase orders and definitive contracts running one to five years, firm fixed-price, with ceiling values ranging from $25 thousand to $13.8 million. The vendor does not appear on GWACs, agency IDIQs, or BPAs; each agency buys direct subscription access. This structure means Handshake has no teaming relationships: it operates entirely as a self-contained prime with 100% of work self-performed and zero subcontractor engagement.

Activity has grown from seven awards in 2021 to 18 in 2024, then declined to three in 2026 (year-to-date through July 15, 2026). The recompete cliff shows 11 awards with ultimate completion dates in the next 24 months carrying combined potential value of $17.4 million — a material exposure concentration in FY2025–FY2026. Notable terminations for convenience include a $1.6 million Department of Transportation contract (September 2024, terminated March 2025 per executive order), a $324 thousand GSA contract (December 2024, terminated February 2025 per hiring freeze), a $2.4 million EPA purchase order (January 2024, not exercised per executive order), and a $100 thousand CDC subscription (September 2024, terminated April 2025 per DOGE cost-efficiency initiative). These terminations underscore recent federal hiring-freeze and cost-reduction pressure on Handshake's recruiting-services revenue stream.

Service Contract Inventory captures $7.7 million in invoiced revenue across 13 prime records spanning FY2022–FY2024 ($1.3 million in FY2022, $3.2 million in FY2023, $3.2 million in FY2024). SCI records zero FTEs reported across all years, indicating either platform subscriptions structured outside labor-hour reporting or non-SCI pricing conventions. The vendor reports 0% subcontractor engagement on SCI-reportable contracts, confirming the all-self-performed delivery model. SCI figures represent only federal service contracts above the $150 thousand threshold and exclude goods, subscription products, and micro-purchases — Handshake's true federal revenue is substantially higher when including small purchases and purchase orders below the SCI floor.

Stryder Corp competes in a full-and-open, single-vendor posture: federal agencies select Handshake based on its platform's breadth, incumbent relationships, and sole-source justifications citing the proprietary student-data partnerships and network scale. The vendor has no M&A footprint, no small-business certifications, and no prime teaming. Its defensibility lies in platform switching costs and network effects (1,000+ colleges embedded) rather than contract vehicles or set-aside positioning.