SAN FRANCISCO and IRVINE, CA, June 11, 2026 – Leap and Verantum have formed a partnership to connect portfolios of connected buildings with automated demand response and other grid services programs across the United States. Launched ahead of the summer season, when electricity demand peaks and grid strain increases, the collaboration is intended to reduce blackout risk while creating revenue opportunities for building operators.
The partnership will initially support retail chains, including Dollar Tree, at sites across California, New York and Texas, as well as in the utility service territories of Puget Sound Energy, Salt River Project and Tennessee Valley Authority. These regions are facing pressure from energy costs and grid reliability challenges.
“Verantum has evolved into the strategy execution layer for multi-site commercial operators – turning real-time building intelligence into verified outcomes,” stated Ryan Adelman, CEO of Verantum. “Our platform precisely models the curtailable load at every location in a large portfolio, delivering reliable flexibility performance without compromising occupant comfort. Partnering with Leap streamlines the contracting and enrollment process, giving our customers seamless access to demand response revenue across U.S. energy markets. Together, we’re converting the operational intelligence our customers already rely on into a new source of financial value.”
Using Leap’s software-only platform, Verantum has launched its VPP offerings in multiple geographies, connecting building portfolios to grid programs through a universal interface. Leap’s APIs automate key VPP operations and support Verantum’s expansion of its grid services.
“This partnership shows how quickly existing building infrastructure can help address energy affordability and grid reliability challenges,” said Jason Michaels, CEO of Leap. “Verantum has already built a leading solution for optimizing energy use across large portfolios. By layering in grid participation, those same systems can now deliver additional value to both building operators and the grid, especially during peak demand periods when flexibility matters most.”
Source: Leap
About Leap
Leap is a software platform that helps technology providers build and operate virtual power plants by connecting distributed energy resources such as battery storage, electric vehicle chargers, smart thermostats, and building energy systems to the grid. The platform enables these resources to provide demand response and other grid services, generating revenue while supporting grid reliability. Leap serves industries including utilities, clean energy, smart buildings, and electric mobility infrastructure. Founded in 2017, the company is headquartered in San Francisco and maintains offices in the Netherlands, with operations across North America and Europe.
About Verantum
Verantum is a U.S. software company based in Irvine, CA. It provides software and services for energy management, facilities management and building performance monitoring. Its products help organizations track energy use, manage building systems, identify equipment issues and support maintenance work. Verantum serves retail, grocery, health care, office and commercial property sectors. The company works with organizations that manage property portfolios and energy-intensive facilities. Its software connects with existing building systems and supports monitoring across multiple sites. Verantum operates as a privately held company.