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EPISODE · Oct 4, 2025 · 1H

Will Lehmann, Founder & GP Step Function: Backing Infrastructure Founders

from Venture with Grace · host Grace Gong

Will Lehmann is the Founder & GP at Step Function. He has spent his entire career investing in technical founders at the earliest stages. He started Step Function to give founders leverage: a fund purpose-built to help founders building infrastructure software succeed from the outset. He provides the support, domain experience & expertise that you expect from an institutional lead investor with the feel, velocity & accessibility of a super angel. He helps founders in all the conventional ways — domain expertise, customer intros, candidate intros, fundraising intros — and in the unconventional ways as well. Before starting Step Function, Will Lehmann was a Partner at Bain Capital Ventures (BCV), where he spent a decade investing in early-stage enterprise software companies.Topics: Investing in the next wave of infrastructure Unconventional ways Step Function help founders Major trends, founding archetypes, or infrastructure bottlenecks will define the coming years

Episode metadata supplied by the publisher feed · Published Oct 4, 2025

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Will Lehmann, Founder & GP Step Function: Backing Infrastructure Founders

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