About LeapYear
LeapYear focuses on funding young builders to create startups within a one-year timeframe. The firm primarily targets student teams, including high schoolers, college dropouts, recent graduates, and grad students, who are in the early stages of their ideas. LeapYear provides initial funding ranging from $20k to $50k in exchange for a small equity stake, typically around 2%, through a post-money SAFE (Simple Agreement for Future Equity). The company invests early in promising teams and offers flexibility based on their progress, while also providing community support, feedback, and access to resources throughout the year. Unlike many traditional venture capital firms, LeapYear emphasizes weekly meetings with teams to guide them through the challenges of building a startup. The goal is to complement its investment strategy with more in-person support to strengthen the community and enhance the chances of success for its portfolio companies.