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Leap
Virtual power plants for smarter energy
- 101-200 employees
- B2C
- B2B
- Marketplace
- Energy
- Sustainability
- Northern Waterfront, San Francisco, CA
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Company mission
To help fight climate change by lowering the need to use fossil fuel power plants to balance the grid and by enabling the integration of more clean energy resources.
Our take
Leap enables the operators and owners of distributed energy resources (DERs) to integrate with energy markets, creating the opportunity to earn from those resources. Through its platform, these energy resources are then aggregated to form sustainable virtual power plants that can help balance the energy grid in place of fossil fuel facilities.
Leap's unique system serves the providers of batteries, electric vehicle charging, smart thermostats, HVAC systems and other flexible assets, granting them automated access to grid services revenue streams. On top of this, it facilitates a smarter and greener energy grid, which is a net positive from a wider, climate-focussed stand point.
Securing $12 million in equity financing in 2023, the company plans to add more features to the platform, grow its network of technology partners, and expand geographically. The company has already connected over 70,000 customer meters to deploy its virtual power plants across the US, and as more attention is put on sustainable grid resilience, its likely to up this number substantially.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- Remote-first working
- Team retreats
- Paid parental leave for all new parents
- Comprehensive health, dental, and vision plans
- Help to create your ideal office setup, plus all the software and hardware you need to succeed
- Flexible vacation policy
Company values
- Tackle big, bold challenges
- Deliver for our partners
- Act with integrity
- Be direct and transparent
- Embrace diversity
- Win together
Funding (2 rounds)
Aug 2023
$12m
EARLY VC
Jan 2020
$8.2m
SERIES A
Total funding: $20.2m
This company has top investors
Leadership
Thomas Folker
(CEO)Former Business Development Manager for Enphase Energy. Prior to this, co-founded SolCarib where they were CRO, and Energie in Huis where they were an Associate Partner.
Remco van den Elzen
(COO)Former VP of Account Management and Sr. Director of Business for App Annie. Prior to this, co-founded Distimo where they were COO, and also co-founded SST Software.