Leap Fund

Leap Fund

Predictive tools and coaching programs to navigate and overcome benefits cliffs for public benefits recipients.

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$180k

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Total Funding000k
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Leap Fund addresses the critical issue of benefits cliffs, a situation where public benefits recipients risk losing more in benefits than they gain in income when they earn slightly more money. The company operates in the financial services sector, primarily serving individuals who rely on public benefits such as SNAP food stamps, child care subsidies, and unemployment benefits. Leap Fund's core product is a calculator that predicts if and when a person will hit a benefits cliff, helping users make informed financial decisions. Additionally, they offer a Benefits Cliff Coaching Program designed to equip coaches with the tools and knowledge to guide clients through these financial challenges. The business model is likely a combination of subscription fees for the coaching program and possibly grants or partnerships with nonprofit organizations and government agencies. Leap Fund generates revenue through these services, aiming to provide a safety net for those at risk of losing essential benefits.

Keywords: benefits cliffs, public benefits, financial services, SNAP, child care subsidies, unemployment benefits, predictive tools, coaching program, financial decisions, nonprofit partnerships.

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