Advisor, Detroit FinTech Bay Advisory Board

President and CEO, OpenLogix Corporation

Co-Founder and CEO, SumoPayroll

Steve Lokam


Steve Lokam is an Advisor on the Detroit FinTech Bay Advisory Board.​

Steve Lokam currently serves as President and CEO of Openlogix, a technology services company that specializes in enterprise middleware and digital transformation. He started Openlogix in 2006 with 2 engineers and spearheaded tremendous organic growth to currently over 250 engineers. Prior to this, he co-founded another successful Technology Services company in 1994 which he exited in 2006 to start Openlogix. He is also the founder and CEO of a startup specializing in HCM, Payroll, and Performance management software, serving small to mid-size companies in the APAC region. He is a technology geek at heart, an integration evangelist and always tinkering with latest in enterprise technology and architecture. He takes a deep interest in angel and growth investing for various startups and growth-stage companies. Steve has a bachelors degree in Electrical and Electronics Engg from Andhra University in India, a Masters degree in Computer Science from Wayne State University and an MBA from the Ross School of Business at the University of Michigan. 


He is an avid badminton player and actively competes in local and regional tournaments. He lives in Michigan with his wife and two boys. He loves to travel the world with his family.




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440 Burroughs Street

3rd Floor, Suite 390

Detroit, Michigan 48202


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