Leap is a software platform that connects distributed energy resources to wholesale energy markets, enabling users to monetize their flexible energy assets. By facilitating transactions and providing performance insights, Leap helps energy providers generate revenue while contributing to a more resilient and cleaner grid.
Funding
$60.8M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Distributed energy resources (DERs) such as battery storage, smart buildings, and EV charging stations are often unable to easily connect to and participate in wholesale energy markets. This lack of access prevents these resources from monetizing their flexible energy capacity and contributing to grid stabilization.
Solution
Leap provides a software platform that connects DERs to wholesale energy markets, enabling them to monetize their flexible energy assets. The platform facilitates transactions between DERs and market operators, providing the tools necessary to dispatch and manage resources in response to grid signals. By aggregating and optimizing DER participation, Leap helps energy providers generate revenue, enhance grid resilience, and promote the adoption of cleaner energy sources. The platform integrates with existing systems, eliminating the need for specialized hardware.
Target Audience
Leap's primary customers are providers of smart energy technologies, energy retailers, and aggregators seeking to monetize DERs and participate in wholesale energy markets.
Features
- Aggregates and manages a diverse portfolio of DERs, including battery storage, smart buildings, and EV charging.
- Provides a single interface for connecting resources to multiple programs across various energy markets.
- Offers a white-label solution, allowing partners to offer VPP solutions under their own brand.
- Facilitates real-time dispatch of flexible energy assets based on market signals and grid needs.
- Provides performance insights and analytics to optimize DER participation and revenue generation.
- Offers a comprehensive API suite for seamless integration with existing systems and workflows.