Leap
Leap. The leading platform for launching and scaling virtual power plants.
Leap. The leading platform for launching and scaling virtual power plants.
Leap is a pioneering platform that aims to revolutionize energy resources by focusing on virtual power plants. Launched in 2017 and headquartered in the United States, Leap's key focus lies in integrating distributed energy resources (DERs) with energy markets to create new value. Its software-only solution enables seamless access to high-value grid services revenue streams for providers of various assets, including batteries, electric vehicle charging, smart thermostats, and HVAC systems. By aggregating these DERs, Leap constructs virtual power plants (VPPs) that play a vital role in grid balancing. The company's recent milestones include a noteworthy $4.00M Series B investment led by Congruent Ventures and Presidio Ventures on 16 November 2023.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Series B | $4.00M | 2 |
|
16 Nov 2023 |
| Venture Round | $12.00M | 5 |
|
18 Jul 2023 |
| Venture Round | Unknown | 2 |
|
29 Nov 2021 |
| Series B | $33.50M | 9 |
|
13 Oct 2021 |
| Series A | $8.20M | 1 | Silicon Valley Bank | 17 Jan 2020 |
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