Tech Company Financing Transactions

Leap Funding Round

Standard Investments, Congruent Ventures and DNV joined a $12 million capital raise for Leap. The financing round was recorded on 7/18/2023.

Transaction Overview

Company Name
Announced On
7/18/2023
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Undisclosed
Proceeds Purpose
This new investment, we will continue to add high-value features to our platform, grow our network of technology partners and expand our value stack across geographies as we advance our mission to decarbonize the world's electric grids.

Company Information

Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
1700 Montgomery St. 200
San Francisco, CA 94111
USA
Phone
Undisclosed
Email Address
Not Recorded
Overview
Leap allows every connected device to help balance the grid, and get paid for it. Access wholesale markets through a single API and help build the flexible, renewable grid of the future. During peak hours when demand for energy is high, grid operators offer financial incentives to reduce energy use in order to balance the grid.
Profile
Leap LinkedIn Company Profile
Social Media
Leap Company Twitter Account
Company News
Leap News
Facebook
Leap on Facebook
YouTube
Leap on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Thomas Folker
  Thomas Folker LinkedIn Profile  Thomas Folker Twitter Account  Thomas Folker News  Thomas Folker on Facebook
Chief Operating Officer
Remco van den Elzen
  Remco van den Elzen LinkedIn Profile  Remco van den Elzen Twitter Account  Remco van den Elzen News  Remco van den Elzen on Facebook
VP - Bus. Development
Andrew Hoffman
  Andrew Hoffman LinkedIn Profile  Andrew Hoffman Twitter Account  Andrew Hoffman News  Andrew Hoffman on Facebook
VP - Bus. Development
Jason Michaels
  Jason Michaels LinkedIn Profile  Jason Michaels Twitter Account  Jason Michaels News  Jason Michaels on Facebook
VP - Marketing
Stefan Nagy
  Stefan Nagy LinkedIn Profile  Stefan Nagy Twitter Account  Stefan Nagy News  Stefan Nagy on Facebook


 

 

Browse more venture capital transactions:

Prev: 7/18/2023: Koop Technologies venture capital transaction
Next: 7/18/2023: Cognaize venture capital transaction

 

Share this article

 


Where The Data Comes From

We do our best to record every notable VC transaction. VC investment data records on this site are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary