Lockstep

Seattle, United States Founded: 2019 • Age: 7 yrs Acquired By Sage Group
Cloud-based workflow solutions are provided for accounting firms management needs.
Annual revenue - Latest available
Total funding - Funding intelligence
Employees - Tracked headcount
Investors 1 Known backers
Products 4 Services tracked
Competitors 10 Brand Intelligence

About Lockstep

Lockstep is a company based in Seattle (United States) founded in 2019 by Vivek A G was acquired by Sage Group in August 2022. Lockstep has completed 1 acquisition, including Finly. Lockstep offers products and services including AR Automation, Sage Inbox, Self Service, and Sage Network API. Lockstep operates in a competitive market with competitors including Qonto, Melio, Lili, Azets and Settle, among others.

  • Headquarter Seattle, United States
  • Founders Vivek A G
  • Sectors
    Technology
  • Email
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  • Phone
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  • Website
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Operational Areas
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
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  • Net Profit
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  • EBITDA
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  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    Not available
  • Investments & Acquisitions
  • Acquired by
    Sage Group

    (Aug 16, 2022)

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Products & Services of Lockstep

Lockstep offers a comprehensive portfolio of products and services, including AR Automation, Sage Inbox, Self Service, and Sage Network API.

Product name locked
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Primary

Manages customer collections to reduce DSO and increase cash flow.

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Automates customer and vendor workflows in a shared inbox.

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Provides real-time access to invoices and transaction history.

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Enables integration for finance and accounting tasks.

People of Lockstep

Headcount 50-200
Employee Profiles 64
Employee Profiles
People
Satyam Kumar
Product Engineer 2
People
Eric Moore
VP of Sales
People
Pramod A R
Software Engineer
People
Chip Greer
Chief Commercial Officer

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Funding Insights of Lockstep

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Detailed funding history for Lockstep

Round names, dates, amounts, investors, and valuation history require an active premium plan.

  • Round names and dates
  • Funding amounts
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Investors in Lockstep

Lockstep has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Sage Group.

All
Institutional
Investor Description Founded Year Domain Location
Cloud-based accounting and payroll solutions for small and medium businesses
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Investor details for Lockstep

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Investments & Acquisitions by Lockstep

Lockstep has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Finly.

Investments
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Investment portfolio details for Lockstep

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  • Portfolio identities
  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Cloud-based accounts payable automation is delivered for business expense management.
Locked Locked 2015 Locked
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Complete acquisition details for Lockstep

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  • Transaction dates
  • Acquired stakes
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  • Domains and locations

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Financial Statements - Lockstep

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Detailed financials for Lockstep

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Lockstep Comparisons

Lockstep Primary company
Description
Cloud-based workflow solutions are provided for accounting f...
Location
Seattle, United States
Founded Year
2019
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Lockstep

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Competitors of Lockstep

Lockstep operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Qonto, Melio, Lili, Azets and Settle, among others.

Company Name Domain Founded year HQ Location Description
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Subscription-based online banking is offered to SMEs and freelancers.
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Blood-based pathogen detection devices are manufactured for healthcare applications.
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Digital banking services are offered to freelancers.
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Online accounting, tax, and audit management services for small businesses
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Cloud-based cash flow management is provided for payers and vendors.
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AI and cloud-enabled source-to-pay automation solutions are provided for businesses.
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Detailed competitors of Lockstep

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Latest news on Lockstep

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Complete news archive for Lockstep

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Frequently Asked Questions about Lockstep

Lockstep was founded in 2019.

Lockstep is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.

Lockstep was founded in 2019 in Seattle, United States, focusing on the accounting software sector. Cloud-based tools for workflow and business management are delivered to accounting firms. Key offerings include Inbox for handling conversational emails with vendors and clients, Collect for automating accounts receivable and payments, and an API for integrating accounting and ERP systems. Operations emphasize streamlined communication and financial processes.

Lockstep's top competitors include Qonto, Lili and Routable.

Lockstep offers AR Automation, Sage Inbox, Self Service, and Sage Network API.

Lockstep has made 1 acquisition, including Finly.

Lockstep has 1 investor. Key investors include Sage Group.

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