India · Investor

Step Function

Last cheque observed Dec 2025; 1 cheques on record.

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VC firmDeploying nowLast fund $136K, Jun 2023

SeedVenture Capital & Private Equity

Deploying now
100%of best year1cheques in 12 months, 1 on record
Since the last cheque338days00hrs00min00sec
Median round$14MRounds led0 of 1
Pitch Step Function

Step Function highlights

  1. 01

    1 cheques in the last 12 months

  2. 02

    Mostly Seed: 100% of its rounds

What they do

No textual content was available from the homepage.From their own website
Type
VC firm (from a list, unverified)
Cheque size
Not stated
Sectors
Venture Capital & Private Equity
Based in
Hyderabad, India
Cold pitches
Not stated

The record

Every round we can evidence, newest first1 appearances

  1. 2025

    1 round

  2. Dec
    DatumSeed · US · AlleyWatch$14MWith 6 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

The team

Named by the firm itself, on a filing, its Form ADV or its company registration1 named

WLWilliam LehmannManageriFiling they signed

We also hold 1 person at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

Quick answers about Step Function

What does Step Function invest in?

Step Function invests most often at Seed (100% of the rounds on record), in sectors such as Venture Capital & Private Equity.

How active is Step Function?

1 investments on record, 1 of them in the last 12 months. The most recent was in Dec 2025.

What has Step Function invested in recently?

Its most recent investments on record: Datum (Seed, Dec 2025).

How big are Step Function's cheques?

The median round it joins is $14M.

Is Step Function investing now?

Yes: it is actively investing, with 1 investments in the last 12 months.

What kind of investor is Step Function?

Step Function is a VC firm based in Hyderabad, India.

Has Step Function raised a new fund?

Its latest fund filing with the SEC was in Jun 2023, reporting $136K raised.

Where does this information on Step Function come from?

From 1 articles and filings naming it in a round, public registers and its own website, checked and rebuilt every night.

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Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it