Lockstep provides a connected accounting platform that links AR and AP teams and integrates with cloud and on-premise ERP and accounting solutions. The platform processes over $2.5B of invoices per month across four million accounting departments. The company was founded in 2019 by Peter Horadan and is based in Seattle, WA. Lockstep plans to use new funding to expand personnel in product, engineering, and marketing. Since inception the company has raised a total of $17M, including a Series A announced in February led by Point72 Ventures. The product-focused platform emphasizes integrations that let accounting departments work together more effectively. Lockstep offers a connected accounting cloud platform that integrates with over 40 ERP and accounting solutions to support compliant accounting relationships between businesses. The company serves more than 180 customers and processes over 800,000 invoices per month across almost 4 million entities. Lockstep was founded in 2019 and is led by CEO Peter Horadan. The company is based in Seattle, WA. It plans to use the new funding to expand product development and accelerate go-to-market initiatives.

Total raised

$10M

Funding rounds

2

Latest round

Series A

Latest activity

Feb 2021