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Overview
LeapYear funds early-stage student teams with $20k–$50k in exchange for about 2% equity via a post-money SAFE, across a one-year program. Teams receive weekly guidance, access to a community, feedback, and resources to turn ideas into working startups. It stands out by focusing on young builders and providing intense, mentor-led support and in-person community building rather than broad, late-stage financing. The goal is to improve the odds of success for portfolio companies and build a stronger community around aspiring founders.
About LeapYear
Industries
Venture Capital
Financial Services
Company Size
1-10
Company Stage
M&A
Total Funding
$53.2M
Headquarters
Chicago, Illinois
Founded
2015
Simplify's Take
What believers are saying
- Snowflake's 2023 acquisition intent integrates LeapYear into major cloud platform.
- Raised $53.2M across pre-seed to Series B+ rounds showing investor confidence.
- Partners with largest firms in finance, healthcare, tech, and insurance sectors.
What critics are saying
- Snowflake acquisition fails due to regulatory scrutiny within 3-6 months.
- Duality Technologies captures clients with superior encrypted collaboration.
- TripleBlind wins contracts via faster privacy-preserving analytics in 6-12 months.
What makes LeapYear unique
- LeapYear implements differential privacy for secure analytics on sensitive data.
- Platform enables enterprises to break data silos in regulated industries.
- Founded in 2015 by Colton Jang and Ishaan Nerurkar in San Francisco.
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Funding
Total Funding
$53.2M
Above
Industry Average
Funded Over
0 Rounds
Benefits
Health, dental, and vision benefits for you and your family
Unlimited sick leave
Fees for work visas and green cards 100% covered
8 weeks fully paid parental leave
Remote friendly
Regular outings & quarterly team gathering
Stipends for relocation and workstation equipment
401K plan with 4% match
Disability, accident, and life insurance available
Learning resources
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About LeapYear
Industries
Venture Capital
Financial Services
Company Size
1-10
Company Stage
M&A
Total Funding
$53.2M
Headquarters
Chicago, Illinois
Founded
2015
There are no jobs for LeapYear right now.
Find jobs on Simplify and start your career today