Lockstep
Facts
- HQ
- Seattle, Washington, USA
- Sectors
- Accounting software, Technology, SaaS
- Stage
- Acquired
Seattle AI Startup Vouched Raises $17M Series A to Enhance Identity Verification with Mobile Licenses and AI Agent Security
Seattle-based ID verification startup Vouched raised $17 million in a Series A funding round led by Spring Rock Ventures, advancing AI tools for identity verification including mobile driver’s licenses and AI agent reputation. CEO Peter Horadan emphasized transformative changes in identity verification prompted by emerging technologies and security needs.
Seattle Tech Vet Peter Horadan Named CEO of Vouched to Lead AI-Driven Identity Verification Amid Rising Deepfake Concerns
Peter Horadan, an experienced Seattle tech executive formerly with Avalara and Lockstep, has become CEO of identity verification startup Vouched. He aims to leverage AI to address rising challenges in online identity verification amidst deepfakes, while co-founder John Baird transitions to chief strategy officer.
GeekWire revises GeekWire 200: firms >15 years old and majority PE-owned ineligible, rankings shift to quarterly in 2022
GeekWire is changing the criteria for its GeekWire 200 startup rankings: beginning in 2022, majority private-equity-owned companies and companies 15 years or older will be ineligible, and the index will move from monthly to quarterly updates, which will reshape the top ranks including removing Blue Origin.
Deal mania reshuffles GeekWire 200: M&A, IPOs and SPACs push top firms out while Blue Origin stays No. 1
A surge of M&A, IPO and SPAC activity — labeled 'deal mania' — reshuffled the GeekWire 200 rankings, removing several top-10 companies that went public or were acquired and creating openings for new entrants; Blue Origin remains No. 1 while more deal-making and rule changes about private equity-owned companies promise further shake-ups.
Amex Ventures invests in Seattle "connected accounting" startup Lockstep; total funding now $17M
Amex Ventures made an undisclosed investment in Seattle accounting startup Lockstep, which builds cloud-based "connected accounting" tools; Lockstep has 70 employees, raised $10M Series A in February, and has $17M total funding to date.
Port of Seattle and Washington Maritime Blue Launch Second Cohort of Maritime Accelerator, Moving Into New Maritime Innovation Center
The Port of Seattle and nonprofit Washington Maritime Blue launched a second-year maritime startup accelerator to connect regional maritime heritage with modern innovation, replacing WeWork Labs with Maritime Blue for mentorship and programming. The Port will provide space in a new Maritime Innovation Center at Fishermen’s Terminal, with construction expected to start this year.
Lockstep raises $10M Series A to expand cloud-based 'connected accounting' tools for cash-flow management
Seattle startup Lockstep raised $10 million in a Series A to expand its cloud-based "connected accounting" tools that automate receivables/payables communications and provide shared accounting inboxes to improve cash flow and remote collaboration.
Amazon names Anne Toth director of Alexa Trust; Zillow adds Claire Cormier Thielke to board; Lockstep exits stealth
Amazon hired Anne Toth as director of Alexa Trust to lead privacy, security, accessibility and ethics efforts for Alexa; Zillow added Claire Cormier Thielke to its board and Lockstep, a Seattle accounting-software startup founded in 2019, emerged from stealth with a founding team drawn from Avalara, Globys, e2b Teknologies and Winshuttle.
