Fund profile
Lockstep Ventures
New York, United States
Leading
About
Lockstep Ventures is a $50 million venture capital firm dedicated to addressing systemic racial disparities across key areas such as health, wealth, education, and workforce development. Founded with a mission of driving economic justice and generating market-rate returns, Lockstep focuses on investing in founders of color and companies that create impactful solutions for underserved communities in the U.S. Lockstep's investment philosophy, “Disparity to Prosperity,” targets businesses that tackle racial inequality through innovative approaches, particularly in telehealth, financial inclusion, and workforce development. By focusing on sectors where racial disparities are most evident, the firm aims to create scalable solutions that close economic gaps while driving profitability. The firm is co-founded by Marcus Glover, a seasoned investor and advocate for criminal justice reform. Glover’s leadership and deep commitment to social justice have positioned Lockstep Ventures as a force for transformative change, with portfolio companies advancing in sectors like fintech and telehealth. The firm also supports initiatives like Fair Chance hiring, which aims to reduce barriers to employment for formerly incarcerated individuals.
Details
Highlights
$250k
Historical average check
$4.4M
Historical max check
September 2024
Last investment date
3
Investments
Healthtech & Wellness
Transportation & Mobility
Other
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