Step Function VC
Overview
Step Function VC is a venture capital firm that invests in early-stage enterprise infrastructure software companies, with a core focus on data/AI infrastructure, cybersecurity, and developer tools. The firm was purpose-built to support technical founders at the earliest stages, providing domain experience and support. It primarily invests in companies across the United States and Europe.
Portfolio Companies
5
Website
stepfunction.vcInvestments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Proofs | Jun 2024 | Pre Seed | Co-investor |
| ElectricSQL | - | Seed | Co-investor |
| Zephyr Cloud | Sep 2024 | Seed | Co-investor |
| Datum | Nov 2025 | Pre Seed | Co-investor |
| Nebulock | Jun 2026 | Series A | Co-investor |
Key People
Will Lehmann
Founder & General Partner
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is Step Function VC based?
Step Function VC is headquartered in Boston, Massachusetts, United States.
When was Step Function VC founded?
Founding year information for Step Function VC is not publicly available.
How many portfolio companies does Step Function VC have?
Step Function VC has 5 portfolio companies in Caplight's dataset.
What are some companies in Step Function VC's portfolio?
Portfolio companies visible on Caplight include Proofs, ElectricSQL, Zephyr Cloud, Datum, Nebulock.
What was Step Function VC's most recent investment shown here?
Step Function VC's most recent investment in this portfolio sample was in Nebulock in 2026.
What sectors does Step Function VC focus on?
Step Function VC focuses on Enterprise Software, Cybersecurity, AI, Data & Cloud Infrastructure, AI, Data & Cloud Infrastructure, AI, Data & Cloud Infrastructure, Enterprise Software, Enterprise Software, Enterprise Software, Enterprise Software.
What company stages does Step Function VC focus on?
Step Function VC typically invests at the Early stage.