# LineLeap

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/lineleap

- Industry: Software
- Headquarters: New York, US
- Website: www.lineleap.com
- Total disclosed funding: $6.1M
- Latest round: Series A (Feb 29, 2024)
- Investors on record: 1

## About

Founded in 2016 by co-founders Max Schauff, Jack Richard, and Nick Becker and based in New York, US, Line Services, Inc., doing business as LineLeap, provides a mobile application to streamline the night out, reducing time spent waiting in lines and simplifying the purchasing process for drinks, tickets, and event access. In May 2024, LineLeap raised USD 1.15 million in Series A funding led by returning investor Y Combinator. The Series A funding values LineLeap at USD 104.22 million post-money.

The company provides its services through a mobile app that integrates with bars and event venues. The app allows users to purchase entry passes or LineSkip passes, which enable them to make orders for drinks from their smartphones. Additionally, the platform also supports various payment methods, including credit cards and mobile payment systems like Apple Pay and Android Pay. For venues, the app offers a system that facilitates efficient reservations and helps track customer activity and sales. LineLeap's product offerings extend to event ticketing, where users can purchase tickets for concerts, parties, and other events through the app.

The company generates revenue through various channels, including transaction fees for ticket sales LineSkip passes and commissions from reservations.

## Funding rounds

- Series A, Feb 29, 2024, $6.1M — Y Combinator

## Investors

- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Series A