Leap

Copenhagen, Denmark Founded: 2017 • Age: 9 yrs
Leap is developed as a vegan-certified leather alternative.

About Leap

Leap is a company based in Copenhagen (Denmark) founded in 2017 by Hannah Michaud. It operates as a Direct-to-Consumer (D2C), and Circular Economy. Leap has raised $438.35 thousand across 1 funding round. The company has 7 employees as of March 31, 2022. Leap offers products and services including Leap.

  • Headquarter Copenhagen, Denmark
  • Employees 7 as on 31 Mar, 2022
  • Founders Hannah Michaud
  • Stage Minicorn
  • Sectors
    Retail
    Chemicals & Materials
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Beyond Leather Materials Aps
Operational Areas
Retail → Fashion & Retail Innovation
Chemicals & Materials → Advanced & Functional Materials
Key Metrics
  • Annual Revenue
  • Net Profit
    $137.2 K (USD)
    -20
    as on Dec 31, 2021
  • EBITDA
  • Total Equity Funding
    $438.35 K (USD)

    in 1 rounds

  • Latest Funding Round
    $438.35 K (USD), Seed

    May 20, 2020

  • Investors
  • Employee Count
    7

    as on Mar 31, 2022

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Products & Services of Leap

Leap offers a comprehensive portfolio of products and services, including Leap. 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

Leap is made from upcycled apple waste material.

People of Leap
Headcount 1-10
Employee Profiles 4
Employee Profiles
People
Carla Martin Chinarro
Materials Scientist
People
Jens Gørløv
Head of Production
People
Mikael Eydt 🍏
Co-founder , CEO
People
Andreas Paulsen
Head Of Research And Development

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Funding Insights of Leap

Leap has successfully raised a total of $438.35K through 1 strategic funding round. The most recent funding activity was a Seed round of $438.35 thousand completed in May 2020. 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 1
  • Last Round Seed — $438,352
  • First Round

    (20 May 2020)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2020 Amount Seed - Leap Valuation

investors

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

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
+
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Competitors of Leap

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 3 years after it was founded.

Where is Leap located?

Leap is headquartered in Copenhagen, Denmark.

Is Leap a funded company?

Leap is a funded company, having raised a total of $438.35K across 1 funding round to date. The company's 1st funding round was a Seed of $438.35K, raised on May 20, 2020.

How many employees does Leap have?

As of Mar 31, 2022, the latest employee count at Leap is 7.

What does Leap do?

Leap is produced by Beyond Leather Materials ApS as a sustainable leather alternative using upcycled apple waste. The material is characterized by a low environmental footprint with 91 bio-based content and is manufactured in 1.5m wide rolls in Europe. The company is focused on transforming leather-making into a sustainable practice by leveraging waste materials. Collaboration and innovation are emphasized in the development of Leaps look, feel, performance, and end-of-life considerations. The product is targeted at industries seeking eco-friendly material solutions.

What products or services does Leap offer?

Leap offers Leap.

What is Leap's valuation?

The valuation of Leap is $2.41M as of May 2020.

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