Amex Ventures, the venture capital arm of American Express, has made undisclosed investments in the following projects Lock step, A startup in Seattle, uses software and the cloud to improve accounting practices. Following the $10 million Series A financing raised in February. Lockstep’s “Connected Accounting” was established in 2019. It uses email automation and accounting-specific inboxes for accounts receivable and accounts payable teams to help eliminate cash traps and cash leaks that occur due to manual handling of company books . The 70-person start-up company doubled its headcount in six months and plans to increase it to 140 people next year. The total funding to date is US$17 million. Lockstep is led by co-founder and CEO Peter Horadan, Formerly the executive vice president of engineering and chief technology officer of Avalara, a tax automation company.