"Lockstep was among our earliest believers - championing our mission, opening up their networks, and even helping us close our first customers. They don’t just invest, they jump in the trenches with us, and that’s the kind of partnership that truly sets them apart."
-Clarence Chio, Founder
Clarence Chio and Kao ZC
2024
San Francisco, CA
Coverbase
Co-Invested with: Fika
Summary: AI Native Third-Party Risk Management
Clarence Chio
Co-Founder and CEO
Former: Unit 21 (Co-Founder and CTO), UC Berkeley (Adjunct Professor), O’Reilly Media (Author, Machine Learning & Security), Shape Security, Oracle, Zazzle
Clarence is the cofounder and CEO at Coverbase, a third-party security company that automates 90% of vendor risk management with AI. Prior to this, he cofounded Unit21, Google-backed company that raised $92m to help top financial institutions combat fraud and money laundering with AI. He has degrees in Computer Science and AI from Stanford, published the book "Machine Learning and Security" with O'Reilly Media, and teaches AI and security at UC Berkeley.
Kao ZC
Co-Founder and CTO
Former: Stripe, Quora
