What is Ladder?
Ladder Up is a non-profit organization founded in 1994, committed to transforming lives by equipping low-income households with essential resources for financial stability and success. Through its Tax Assistance Program, Financial Capability Program, and College Financial Aid assistance, Ladder Up provides free tax preparation, legal aid, and financial education. To date, the organization has served over 750,000 individuals, facilitating the securing of more than $1.42 billion in benefits and refunds, demonstrating a profound impact on economic mobility.
How much funding has Ladder raised?
Ladder has raised a total of $286K across 2 funding rounds:
Debt
$150K
Debt
$136K
Debt (2020): $150K with participation from PPP
Debt (2021): $136K led by PPP
What's next for Ladder?
The recent large-scale, late-stage funding signifies a pivotal moment for Ladder Up, enabling the organization to further scale its impactful programs and reach a broader demographic. This strategic investment is expected to fuel expansion of its services, enhance technological capabilities for client support, and potentially broaden its geographic reach. The continued financial backing suggests strong confidence in Ladder Up's proven model for fostering financial independence and upward mobility among vulnerable populations.
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