# Lockstep

> Lockstep is a Palo Alto venture capital firm founded by security executives Rinki Sethi and Lucas Moody. It backs early-stage cybersecurity companies and helps founders refine products, reach security buyers, and develop go-to-market strategies through its practitioner network.

- **Founded:** 2024
- **Headquarters:** Palo Alto, United States
- **Founders:** Rinki Sethi (Founding Partner), Lucas Moody (Founding Partner)
- **Products:** Early-stage cybersecurity investment, Founder and go-to-market support, Lockstep Foundry
- **Notable:** Fund I reported USD 9.397 million sold to 61 investors in its April 2026 SEC amendment., Coverbase founder Clarence Chio credits Lockstep with helping close early customers., Participated in FAZE Security’s USD 6 million seed round announced September 11, 2026.

## Products & services

- **Early-stage cybersecurity investment** — Venture investment in cybersecurity startups, accompanied by technical and operational guidance.
- **Founder and go-to-market support** — Introductions to practitioners, prospective buyers, experts and other investors, plus product and positioning feedback.
- **Lockstep Foundry** — Invite-only cybersecurity practitioner community led by Head of Community & Engagement Katelyn Ruby.

## Achievements

- Fund I reported USD 9.397 million sold to 61 investors in its April 2026 SEC amendment.
- Coverbase founder Clarence Chio credits Lockstep with helping close early customers.
- Participated in FAZE Security’s USD 6 million seed round announced September 11, 2026.

## Latest updates

- **2026-09** — FAZE Security announced a USD 6 million seed round led by New Era Capital Partners with Lockstep participating; FAZE reported 50 enterprise customers.
- **2026-07** — Portfolio company VanishID reported 2.3x ARR growth in FY2026 and 137% net revenue retention; these are portfolio-company figures, not Lockstep performance.
- **2026-04** — Fund I amended its Form D, reporting USD 9.397 million sold against a USD 13 million total offering.

## Links

- Website: https://www.lockstep.vc/
- LinkedIn: https://www.linkedin.com/company/lockstepvc/

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Profile page: https://yespress.io/lockstep
Published by YesPress — https://yespress.io
Last updated: 2026-10-27