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Lockstep Announces Strategic Investment From Amex Ventures

Aug 11, 2021about 4 years ago
Seattle

Description

Lockstep, the world's first connected accounting platform, today announced a strategic investment from Amex Ventures. The investment, which finishes out the A+ round, will be used to expand personnel in product, engineering, and marketing. Lockstep announced their Series A in February of this year led by Point72 Ventures with participation from Clocktower Ventures, Revel Partners, and Avid Ventures. The A+ round brings Lockstep's total funding to $17M since inception.

Company Information

Company

Lockstep

Location

Seattle, Washington, United States

About

Lockstep connects the world's accounts receivable (AR) and accounts payable (AP) departments so they can work better together. Founded in 2019, Lockstep automates the sharing of accounting data between B2B trading partners to keep their books in sync and accelerate payments. Based in Seattle, Lockstep's connected accounting platform improves cash flow, working capital, and accounting efficiency. For more information, please visit: https://lockstep.io