Amex Ventures, the venture arm of American Express, has made an undisclosed investment in Lockstep, a Seattle startup using software and the cloud to improve accounting practices. It follows a $10 million Series A round raised in February. Founded in 2019, Lockstep’s “connected accounting” uses 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. The 70-person startup has doubled headcount in six months and plans to grow to 140 people by next year. Total funding to date is $17… Read More