Lockstep Network

SoftwareSeries ASeattle, USlockstep.io

Latest round

Series A

Last raised

Aug 2021

Total raised

$13M

Investors

4

About Lockstep Network

Lockstep Network, Inc.Founded in 2019 and headquartered in Seattle, US, Lockstep Network, Inc. offers a platform aimed at improving financial transaction processes. The firm has completed 2 deals to date.Lockstep specializes in providing a financial automation platform designed to enhance cash flow management and optimize accounts receivable processes for businesses. Their core offering focuses on streamlining communication between finance teams and their clients, allowing for seamless invoice delivery, payment tracking, and dispute resolution. Lockstep's platform integrates with existing accounting systems, offering features such as automated reconciliation, reporting tools, and real-time analytics to improve visibility into cash flow. The company targets various industries, including manufacturing, retail, and professional services, serving a diverse client base that includes mid-sized and large enterprises across North America and Europe.Lockstep generates revenue primarily through a subscription-based model, where clients pay for access to its software solutions. The transactions typically involve annual or monthly subscriptions, allowing businesses to utilize the platform's full capabilities, including automation tools and customer support. For example, a company may subscribe to Lockstep's services to manage its accounts receivable, offering its clients smoother invoice processing and payment functionalities. The pricing structure is tiered based on the number of users and additional features selected, ensuring that businesses can choose a plan that aligns with their operational needs. is focused on expanding its workforce in product development, engineering, and marketing sectors. This strategic move aims to bolster its capabilities and enhance service delivery, catering to its growing client base.

Who invested in Lockstep Network

4 investors across 2 rounds

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Funding rounds

  1. Series A

    Aug 11, 2021

    Amount

    $2.5M

    Investors

    Locked

  2. Series A

    Feb 3, 2021

    Amount

    $10M

    Investors

    Locked

Questions about Lockstep Network

Who invested in Lockstep Network?

Lockstep Network has 4 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Lockstep Network raised?

Lockstep Network has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Lockstep Network last raise money?

Lockstep Network's most recent round on record is a Series A, in Aug 2021.

What does Lockstep Network do?

Lockstep Network is a software company.

Where is Lockstep Network headquartered?

Lockstep Network is headquartered in Seattle, US.

Which VCs invest in companies like Lockstep Network?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Lockstep Network's stage. Their profiles are linked below.

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