
Press Release
LeapFrog companies reach 559M people, grow revenues to $7B+ and support 33M jobs
May 5, 2025
Singapore: LeapFrog Investments, the pioneering Profit with Purpose investment firm, today released its 2024–25 Impact & Investment Results, revealing continued growth and scale across its portfolio of healthcare, financial inclusion, and climate solutions companies.
The firm’s portfolio companies reached 559 million people, including over 403 million low-income emerging consumers, and surpassed $7.1 billion in revenues. These companies now support 33 million jobs through the micro-, small and medium enterprises (MSMEs) they finance and protect.
Key results for 2024–25:
- $7.1 billion in revenues, with 22% average revenue growth annually across LeapFrog’s history
- 559 million people reached, with 403 million living on less than $11.20 per day
- 33 million jobs supported via MSMEs served by portfolio companies
- $1.15 billion in new commitments raised in LeapFrog’s fourth fundraising cycle, despite a challenging market
- $787 million in follow-on capital attracted into LeapFrog companies
This year also saw increased impact on profitability, with a 9% rise in portfolio profit margins for active companies in Funds III and IV, supported by LeapFrog’s proprietary value creation tools, including the Talent Accelerator and Customer Experience Launchpad
As LeapFrog celebrates its 18th year, the 2024–25 Impact Results provide compelling evidence for a new economic model — one that delivers both outsized returns and enduring social progress.
“Navigating complex macro environments is what we do every day,” said Dr. Andy Kuper, Founder and CEO. “While volatility is real, the structural trends are even stronger — billions of people continue to aspire to better lives, and the businesses meeting those needs are scaling fast. These results are testament to what is possible when you build great companies for the future of the planet and the majority of its people.”
About LeapFrog Investments
LeapFrog invests in healthcare, financial services and climate solutions businesses in high-growth global markets. Its companies deliver distinctive impact and robust returns, growing revenues on average 23% a year. LeapFrog companies now reach 559 million people with essential services in 37 countries. The firm has raised billions of dollars from global institutional investors, including a $500m commitment by Temasek to LeapFrog and its growth equity funds. LeapFrog has twice been ranked by Fortune as one of the top Companies to Change the World, alongside Apple and Novartis, and was named inaugural Pioneer in Impact by the FT and IFC at the Transformational Business Awards.
For more information, go to: www.leapfroginvest.com.
Media Contact
Montfort Communications
LeapFrog@Montfort.London