Leap Transit Explained

Leap Transit
Company Slogan:Your daily commute. Redesigned.
Locale:San Francisco, California
Service Type:Commuter buses
Routes:1
Stops:9
Destinations:Financial District, Marina District
Fleet:4 buses
Fuel Type:Compressed natural gas
Ceo:Kyle Kirchhoff

Leap Transit was a San Francisco, California premium transit provider offering bus service for several months in 2015 before being shut down for noncompliance with regulations.

History

The company began operations in May 2013, running shuttle buses between San Francisco's marina and financial districts.[1] The service was run with a single chartered 36-passenger bus, owned and operated by the charter company.[2] Leap operated briefly in 2013; the company later characterized it as a "beta test" before obtaining more financing.[3]

The company launched full operations in March 2015, operating four full sized buses, refurbished with new interiors.[4] About $2.5 million in capital for its operations was provided by venture capital companies Andreessen Horowitz, Index Ventures, and Slow Ventures, as well as an investment by Marc Benioff.[5] Buses traveled only during morning and afternoon commute periods on ten to fifteen-minute headways.[5]

On May 20, Leap ceased operating after the California Public Utilities Commission (CPUC) issued a cease and desist notice to the company, saying it had been operating without permission from the authority, and had not provided proof of insurance, workers compensation, or compliance with driver testing.[6] The company had been granted an "authority to operate," but not a license from the state; Leap said it believed it was operating legally, as because its service did not leave San Francisco it therefore fell under the purview of city regulations. The city, however, said it had given the CPUC regulatory authority.[7]

On July 15, Leap filed for chapter 7 bankruptcy, and two of its buses were listed for public auction in October.[8]

Notes and References

  1. Web site: New San Francisco shuttle service offering route similar to Muni . San Francisco Examiner . May 30, 2013 . September 22, 2015.
  2. Web site: Leap Transit offers private shuttle service along Muni route . SFGate.com . May 30, 2013 . September 22, 2015.
  3. Web site: All aboard San Francisco's startup bus craze . The Verge . March 23, 2015 . September 22, 2015.
  4. Web site: Luxury bus is here to disrupt your S.F. commute . SFGate.com . March 18, 2015 . September 22, 2015.
  5. Web site: Andreessen Horowitz-Backed Leap Buses Are Hitting San Francisco's Streets This Week . TechCrunch . March 17, 2015 . September 22, 2015.
  6. Web site: Leap Transit halts luxury buses after cease-and-desist order . San Francisco Examiner . May 20, 2015 . September 22, 2015.
  7. Web site: Leap Transit shut down by the state for operating illegally . SFGate.com . May 20, 2015 . September 22, 2015.
  8. Web site: Leap files for bankruptcy, auctions off remaining buses . San Francisco Examiner . September 15, 2015 . September 22, 2015.