Lockstep: Funding, Investors & Team (Oct 2026)
Today, accounting teams keep their books in sync with customers and vendors by manually transcribing paper, email, and PDFs into their accounting system. This manual transcription is slow and error-prone creating cash traps in receivables and cash leaks in payables. We believe there is a better way to keep books up to date and cash flowing. At Lockstep, we're re-imagining how accounting teams work by transforming the current network of emails into trusted connections between accounting systems. Lockstep makes accounting more accurate and timely, improves cash flow, and frees staff to focus on high value activities.
Lockstep has raised $12.5M across 2 funding rounds on record, the most recent a Series A of $2.5M announced in Aug 2021.
That round is below the $15M median round size for Financial Services companies tracked on FundedIQ over the last two years.
Lockstep Company Profile and Key Stats
Latest funding round on record: Aug 2021.
Lockstep Funding Rounds
Lockstep raised $10.0M in a Series A announced in Feb 2021.
6 months later, a Series A of $2.5M was announced in Aug 2021.
Lockstep Founders and Leadership Team
Contact details for the Lockstep team: 1 of 1 has an email address on file.
Start 14-day free trial →Lockstep Funding Compared to Other Financial Services Startups
Lockstep's latest round of $2.5M is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.
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Lockstep Funding FAQs
What does Lockstep do?
Today, accounting teams keep their books in sync with customers and vendors by manually transcribing paper, email, and PDFs into their accounting system. This manual transcription is slow and error-prone creating cash traps in receivables and cash leaks in payables. We believe there is a better way to keep books up to date and cash flowing. At Lockstep, we're re-imagining how accounting teams work by transforming the current network of emails into trusted connections between accounting systems. Lockstep makes accounting more accurate and timely, improves cash flow, and frees staff to focus on high value activities.
How much funding has Lockstep raised?
Lockstep has raised $12.5M across 2 rounds on record. The most recent is a Series A of $2.5M announced in Aug 2021.
When did Lockstep last raise funding?
Lockstep's most recent funding round on record is a Series A of $2.5M, announced in Aug 2021.
Who is the CEO of Lockstep?
Peter Horadan is listed as CEO at Lockstep.
Where is Lockstep headquartered?
Lockstep is based in Seattle, Washington, United States.
How many employees does Lockstep have?
Lockstep is in the 51-100 employee band.
How does Lockstep's funding compare to other Financial Services startups?
Lockstep's latest round of $2.5M is below the $15M median round size for Financial Services companies on FundedIQ across 5,751 tracked companies over the last two years.
About FundedIQ's Lockstep Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Lockstep is left off this page rather than filled in.
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