Articles from Leap

Leap, the leading virtual power plant (VPP) platform, announced today that its Board of Directors has appointed Jason Michaels as Chief Executive Officer, effective immediately. Michaels, who previously served as Leap’s Chief Revenue Officer, succeeds Leap co-founder Thomas Folker, who has led the company as CEO since its founding in 2017. Folker will remain at Leap as Chief Strategy Officer.

LEAP legal practice management software introduces AutoTime, a breakthrough automated matter activity recording solution for legal professionals.

LEAP Legal Software today unveiled that DecisionVault, a client intake portal for estate planning, now integrates with LEAP’s legal practice management solution. The collaboration introduces a more efficient way for law firms to manage data collection, automate the onboarding process, and enhance client satisfaction.

International Cloud Artificial Intelligence Awards Program Names LEAP Legal Software Winner of the Best Use of AI in Legal Tech.

Leap, the leading virtual power plant (VPP) platform, today announced significant growth in its energy storage vertical through new partnerships with Channing St. Copper, Elexity and FranklinWH, alongside expanded partnerships with sonnen and Energy Toolbase. Leap unlocks new grid program revenue streams for energy storage technology, system and service providers by aggregating and deploying their customers' residential and commercial storage assets to support the grid as VPPs.

LEAP Legal Software, the leading legal practice management solution, today announced it has won the 2024 SaaS Award for Best SaaS Product for Law and Legal Services, marking its third consecutive win.

Leap, the leading virtual power plant (VPP) platform, has announced a partnership with SmartThings, Samsung’s global connected living app, to offer a demand response program to California and New York residents. The new SmartThings Energy Flex Connect program will enable eligible users to earn Samsung rewards and save energy with their smart home devices while contributing to grid stability and lowering carbon emissions.

LEAP Legal Software is leading the future of legal AI and today announced its purpose-built AI solutions.

Leap, the leading virtual power plant (VPP) platform, and SWTCH Energy (SWTCH), a company pioneering electric vehicle (EV) charging solutions for multi-tenant buildings across North America, today announced a partnership to deploy VPPs in New York and Massachusetts. Through Leap’s automated, software-only solution, SWTCH will integrate its EV charging network into new demand response and other grid services revenue streams.

Leap, the leading virtual power plant (VPP) platform, announced today the launch of new product functionalities to unlock additional value for distributed energy resource (DER) technology companies and crucial flexible support for the electric grid. Leap’s latest product release includes advanced features to simplify customer enrollment and further automate VPP operations for its 80+ technology partners.

Leap, the leading virtual power plant (VPP) platform, announced today it has surpassed 175,000 customer meters and 1 GW of customer load authorized on its platform, representing energy resources from over 75 technology partner companies. Following Leap’s latest capital raises totalling $16M, these new milestones reflect the continued advancement of Leap’s software platform as well as the company’s rapid expansion across California, Texas, New York, Massachusetts and Rhode Island.

Leap, the leading virtual power plant (VPP) platform, today announced that it has secured additional equity financing from Presidio Ventures, bringing Leap’s total B-EXT funding to $16M after a round announced in July 2023.

Leap, the leading platform for energy market access, today announced the launch of its new California Demand Side Grid Support (DSGS) offering to unlock additional value for battery storage technology providers. DSGS is a new statewide grid services program introduced by the California Energy Commission (CEC) in order to incentivize distributed energy resources (DERs) to provide flexible support to the grid during periods of high demand for electricity.

Leap, the leading platform for energy market access, today announced that it has secured a new capital raise totaling $12 million in equity financing. The funding round was led by Standard Investments with participation by DNV Ventures and Sustainable Future Ventures as well as existing Leap investors, including Union Square Ventures, Congruent Ventures and National Grid Partners.

Leap, the leading platform for energy market access, today announced its launch into ISO New England (ISO-NE) to connect its technology partners to new revenue streams in New England. Through this expansion, distributed energy resources (DERs) located in Massachusetts and Rhode Island will be able to leverage the Leap platform to easily participate in grid services programs that compensate resources for lowering their energy usage or exporting energy back to the grid.

Leap, the leading platform for energy market access, today announced that it has joined the Virtual Power Plant Partnership (VP3). RMI, founded as Rocky Mountain Institute, launched the VP3 initiative in January 2023 to advance virtual power plant (VPP) solutions to help decarbonize the electricity sector. Through this collaboration, Leap will work closely with other leading energy technology companies, including Leap’s current technology partners Google Nest and Sunrun, to accelerate the growth of the VPP industry.

Leap, a leading platform for energy market access, today announced the launch of a new demand response offering in coordination with Resideo Technologies, Inc., a leading global provider of solutions for home comfort, security and safety, for Amazon Smart Thermostat customers in California. Amazon Smart Thermostat is an ENERGY STAR-certified smart thermostat that works with Alexa to give customers a simple way to keep their home comfortable and energy-efficient. Through this new collaboration, customers can purchase a discounted Amazon Smart Thermostat and enroll in demand response programs with Resideo in a few easy steps.

Leap, a leading energy market access provider, and Armada Power, a leader in load management technology for electric water heaters, today announced a new partnership to offer grid services revenue opportunities to commercial and residential customers in California.

Leap, a leading energy market access provider, has once again been recognized on Cleantech Group’s 2023 Global Cleantech 100, an annual list of the most innovative and promising companies that will take us from commitments to actions in our efforts to reach net-zero. This is Leap’s fourth consecutive year on the list, having been selected as Cleantech 100 Early Stage Company of the Year in 2020 and included on the Global Cleantech 100 list in 2021 and 2022.

Leap, a leading energy market access provider, announced today the addition of Carly Brantz to their Board of Directors effective November 14th. Brantz brings over 20 years of experience scaling high-growth technology companies and currently serves as Chief Marketing Officer for DigitalOcean.

Leap, a leading energy market access provider, announced today that it has surpassed 50 technology partners under contract and over 50,000 customer meters on its platform. Since launching in 2017, Leap has added over 430 MW in flexible load to its portfolio across four electricity markets in the U.S.

Leap, a leading energy market access provider, and California Choice Energy Authority (CalChoice), a California joint powers authority (JPA) that provides community choice aggregation (CCA) support services, today announced a program to establish fixed rates for the purchase of power from distributed energy resources (DERs) during periods of anticipated high demand, ensuring adequate energy supply while mitigating against volatile pricing in the energy market.

Leap, a leading energy market access provider, and NRG Energy, Inc. brand Direct Energy, a retail electric provider serving C&I customers in Texas, today announced a strategic partnership to deploy a real-time grid services program in Texas to bolster grid flexibility generating savings for NRG customers.

Leap, a leading provider of energy market access, and National Grid, one of the largest energy companies in the world, today announced a pilot project to provide Demand Response (DR) using Leap’s distributed energy software platform. The collaboration will help National Grid reduce electricity consumption at four of its New York City offices during times when conservation is most critical to the regional electric grid.

Leap, a non-custodial Terra wallet offering access to dApps, staking, DeFi, NFTs, and more on one platform, today announced a $3.2 million private sale co-led by blockchain-focused investment firm CoinFund and Pantera Capital. The private sale also saw participation from Arrington Capital, Accel and Terraform Labs. The sale proceeds will continue to support the growth of the team, particularly in the areas of engineering and design, in addition to progressing product development.

Leap, the leading energy market access provider, announced this week it has secured strategic funding from the Japan Energy Fund (JEF), a decarbonized tech fund backed by ENECHANGE Ltd., positioning the company for potential entry into the Japanese market. The company also announced today the addition of David Brewster, co-founder of EnerNOC and sustainability-focused entrepreneur and investor, to its board of advisors.

Leap, the leading energy market access provider, today announced its expansion into the Texas energy market, operated by the Electric Reliability Council of Texas (ERCOT). Leap also announced its new strategic partnership with electric vehicle home charging platform provider Optiwatt, marking one of the first residential EV aggregations to participate in Texas’ Emergency Response Service program.

Leap, the leading energy market access provider, today announced that it has secured a new capital raise totaling $33.5 million from a combination of equity and debt. The Series B funding is led by Park West Asset Management, a Northern California-based investment management firm, with participation from Climate Capital, My Climate Journey, and ​​David Helgason, Founder and ex-CEO of Unity Technologies, along with existing investors Union Square Ventures, Congruent Ventures, and National Grid Partners. Silicon Valley Bank funded the debt portion of the capital raise. Leap will leverage this capital to scale and develop its platform to meet the growing demand for market-driven grid services in markets across North America and beyond.

Leap, provider of an energy marketplace that enables Virtual Power Plants (VPPs), today announced the expansion of contracts with partners in California to provide flexible electricity capacity ahead of peak summertime demand. Leap now has agreements with 14 major electricity providers across the state, including a large group of community choice aggregators (CCAs), investor-owned utilities (IOUs), and independent power producers (IPPs). Leap has 288 megawatts (MW) and over 18,000 meters under contract from more than 30 leading technology partners.