About Lockstep
Sage Network offers a conducive environment for professionals keen on contributing to the financial tech sector by optimizing receivables and payables workflows. With a strong focus on workflow automation and centralized management, the company stands out in improving working capital efficiency. This commitment to enhancing financial operations and supporting business growth makes it an ideal workplace for ambitious tech and finance professionals.
Seattle, WashingtonHeadquarters
2023Year Founded
$9.7MTotal Funding
SERIES_ACompany Stage
Data & Analytics, Enterprise Software, FintechIndustries
11-50Employees
Benefits
Well established
Equity
work-life balance
Medical benefits
Growth
Remote environment
Risks
Integration challenges with payment systems like Stripe could lead to customer dissatisfaction.
Sage Software's acquisition may disrupt Lockstep's operations and focus.
Free self-service portal could cannibalize revenue from existing paid services.
Differentiation
Lockstep transforms email networks into trusted accounting system connections.
Lockstep automates AR and AP workflows, reducing manual errors and improving cash flow.
Lockstep's self-service portal enhances customer and vendor experiences with real-time capabilities.
Upsides
Lockstep's integration with AI tools reduces errors and speeds up accounting processes.
The rise of cloud-based solutions offers Lockstep opportunities to expand its market reach.
Remote work trends increase demand for Lockstep's digital accounting solutions.
Funding
Total raised$9.73 M
Latest valuation$50.00 M
StageSERIES_A
SERIES A
1/31/2021$10
$50.00 M