GoodLeap is a fintech platform financing sustainable home energy upgrades such as solar and battery storage, with AI tools for contractors and the GivePower nonprofit.
GoodLeap is a financial technology company that provides financing for sustainable home energy upgrades, including solar panels, battery storage and energy-efficiency systems. Founded in 2003 by Hayes Barnard and formerly known as Paramount Equity and later Loanpal, the firm built its business on the premise that outdated financing models were constraining adoption of residential clean energy. Its platform has facilitated more than $30 billion in financing for over 1 million homeowners across all 50 U.S. states.
The company's technology spans several domains: artificial intelligence, fintech and loan-origination systems, payments, and distributed and home energy software. Alongside its consumer financing platform, GoodLeap develops AI-powered applications used by thousands of contractors and installers for customer communication and operations. It is also working on virtual power plant initiatives intended to advance distributed energy. Professionals and homeowners in the United States make up the core market.
GoodLeap runs GivePower, an award-winning nonprofit that provides water and clean-electricity systems in Africa, Asia and South America and reports having served more than 1.6 million people. The company describes its approach as focused on transparency, accessibility and a frictionless customer experience.
