Its products, Lockstep Inbox and Lockstep Collect, integrate with more than 40 ERP packages, including the various Sage and Dynamics ERP applications, along with Acumatica, Epicor and NetSuite. The latest round of funding was led by Point72 Ventures with participation from Clocktower Ventures and Revel Partners. Among investors are Avalara founder and CEO Scott McFarlane.
Lockstep is led by co-founder and CEO Peter Horadan and chief strategy officer Matthew Shanahan. The two both worked at Scout Analytics, which was acquired by ServiceSource in January 2014. Harodan was SVP of engineer and client services there from July 2006 through June 2013 and Shanahan was SVP of strategy from December 2007.
Harodan previously EVP of engineering and chief technology officer for Avalara from July 2013 through January 2018. He also spent nearly four years with Concur, which is now owned by SAP. Shanahan was previously chief operating and strategy officer for Globys from September 2016 through December 2018