Leap gets 50 million dollars in Series B funding

Leap, the retail platform for modern brands, has raised 50 million dollars in Series B financing. The round was led by BAM Elevate with participation from new and existing investors including Harbor Spring Capital, Northern Trust, Simon, Costanoa Ventures, Hyde Park Venture Partners and Equal Ventures. The new capital will be used to accelerate growth through investments in the company’s platform and store location network. In 2021, Leap’s store fleet and total system sales quadrupled and today, more than 30 brands utilize Leap’s platform to power 50 stores across eight markets.