Accounting software startup Lockstep raises $10M to help bus

Accounting software startup Lockstep raises $10M to help businesses better manage cash flow
Geekwire
2/3/2021
© Provided by Geekwire
Lockstep CEO Peter Horadan. (Lockstep Photo)
Lockstep, a Seattle startup using software and the cloud to improve accounting practices, has raised $10 million in a Series A funding round, the company announced Wednesday.
Founded in 2019, Lockstep’s “connected accounting” relies on tools such as email automation and accounting-specific inboxes for accounts receivable and accounts payable teams, helping to eliminate the cash traps and cash leaks that occur through the human handling of company books.
“We founded Lockstep on the belief that accounting deserves better tools to keep their books in sync with customers and vendors for reliable and predictable cash flow,” Lockstep co-founder and CEO Peter Horadan said in a news release.

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