Leap

San Francisco, United States Founded: 2017 • Age: 9 yrs
Leap is focused on virtual power plant solutions.
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About Leap

Leap is a company based in San Francisco (United States) founded in 2017 by Thomas Folker and Remco van den Elzen. It operates as a SaaS (Software-as-a-Service), and Green Energy-as-a-Service. Leap has raised $58.01 million across 7 funding rounds from investors including SVB, DNV and FJ Labs. The company has 49 employees as of December 31, 2023. Leap offers products and services including Leap Platform, Battery Storage Solutions, Smart Buildings Solutions, and EV Charging Solutions. Leap operates in a competitive market with competitors including Enel X, PowerSecure, Franklin Energy, Voltus and Gorilla, among others.

  • Headquarter San Francisco, United States
  • Employees 49 as on 31 Dec, 2023
  • Founders Thomas Folker, Remco van den Elzen
  • Sectors
    Energy & Utilities
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Leapfrog Power, Inc.
Operational Areas
Energy & Utilities → Energy Storage & Efficiency
Energy & Utilities → Power Generation & Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $58.01 M (USD)

    in 7 rounds

  • Latest Funding Round
  • Investors
    SVB

    & 15 more

  • Employee Count
    49

    as on Dec 31, 2023

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Products & Services of Leap

Leap offers a comprehensive portfolio of products and services, including Leap Platform, Battery Storage Solutions, Smart Buildings Solutions, and EV Charging Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Platform for building virtual power plant solutions.

Maximizes revenue from residential and commercial batteries.

Generates revenue from grid-interactive building technologies.

Captures value from smart EV charging systems.

People of Leap
Headcount 10-50
Employee Profiles 2
Board Members and Advisors 5
Employee Profiles
People
Thomas Folker
Co-founder & Chief Strategy Officer
People
Aric Li
Strategic Initiatives

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Board Members and Advisors
people
Nick Grossman
Advisor
people
Raghuram Madabushi
Advisor
people
David Brewster
Advisor
people
Emily Kirsch
Advisor

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Funding Insights of Leap

Leap has successfully raised a total of $58.01M across 7 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 7
  • Last Round
  • First Round

    (19 Dec 2019)

  • Investors Count 16
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2023 Amount Series B - Leap Valuation Presidio Ventures
Jun, 2023 Amount Series B - Leap Valuation Standard Investments , Presidio Ventures
Nov, 2021 Amount Series B - Leap Valuation Japan Energy Fund
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Leap

Leap has secured backing from 16 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include SVB, DNV and FJ Labs. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital is provided to multiple sectors by Presidio Ventures.
Founded Year Domain Location
Offshore classification, training, advisory, and analytics services are provided.
Founded Year Domain Location
Investments are made in technology for sustainable built environments.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Leap

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Leap

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Leap Comparisons

Employees
+
Add Comparison
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Competitors of Leap

Leap operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Enel X, PowerSecure, Franklin Energy, Voltus and Gorilla, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Utility-scale renewable energy projects are developed by Enel X.
domain founded_year HQ Location
Energy efficiency and smart grid management solutions
domain founded_year HQ Location
Energy efficiency programs are designed for utilities and municipalities.
domain founded_year HQ Location
Provider of demand response solutions for industrial and commercial applications
domain founded_year HQ Location
Developer of electricity transmission based utility projects
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Leap

Frequently Asked Questions about Leap

When was Leap founded?

Leap was founded in 2017 and raised its 1st funding round 2 years after it was founded.

Where is Leap located?

Leap is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Who is the current CEO of Leap?

Jason Michaels is the current CEO of Leap.

Is Leap a funded company?

Leap is a funded company, having raised a total of $58.01M across 7 funding rounds to date.

How many employees does Leap have?

As of Dec 31, 2023, the latest employee count at Leap is 49.

What does Leap do?

Leap is engaged in providing a platform for technology providers to build and scale virtual power plants. Solutions are offered for battery storage, smart buildings, and EV charging, enabling revenue generation through grid services. The company operates in the renewable energy sector, supporting a cleaner and more resilient electric grid with automated access to energy markets.

Who are the top competitors of Leap?

Leap's top competitors include Enel X, EcoFactor and Voltus.

What products or services does Leap offer?

Leap offers Leap Platform, Battery Storage Solutions, Smart Buildings Solutions, and EV Charging Solutions.

Who are Leap's investors?

Leap has 16 investors. Key investors include SVB, DNV, FJ Labs, Powerhouse Ventures, and Standard Investments.

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