What is Ladder?
Founded in 2015 and based in Menlo Park, United States, Ladder provides life insurance solutions. The company has navigated through multiple funding stages, from its initial Angel/Seed round to Series A, B, C, and D, indicating a consistent trajectory of growth and market validation. Its ability to attract significant investment across these rounds suggests a strong business model and a promising outlook in the insurtech space.
How much funding has Ladder raised?
Ladder has raised a total of $183.6M across 5 funding rounds:
Angel/Seed
$2M
Series A
$14M
Series B
$30M
Series C
$37.5M
Series D
$100M
Angel/Seed (2015): $2.1M, investors not publicly disclosed
Series A (2016): $14M led by Lightspeed Venture Partners, NYCA, Canaan Partners, and 8VC
Series B (2018): $30M supported by RRE Ventures LLC., Nyca Partners, Lightspeed Management Company, L.L.C., Canaan Partners, and Thomvest Ventures
Series C (2020): $37.5M featuring Lightspeed, RRE, Brewer Lane Ventures, World Innovation Lab, and Canaan
Series D (2021): $100M backed by OMERS Growth Equity and Thomvest Ventures
Key Investors in Ladder
Lightspeed Venture Partners
Lightspeed Venture Partners (lsvp.com) is a global multistage venture capital firm that invests in early and growth-stage technology companies across various sectors, including enterprise software, consumer, fintech, and infrastructure.
NYCA
Nyca Partners connects financial institutions with startup founders through a collaborative network, managing significant assets and supporting a broad portfolio of companies with thematic investment strategies.
Canaan Partners
Canaan is an early-stage venture capital firm that invests in technology and healthcare companies, backing founders from seed through growth stages in areas such as enterprise software, fintech, consumer, biopharma, and digital health.
What's next for Ladder?
With the recent major strategic investment, Ladder is poised for accelerated expansion and product development. The company's consistent fundraising history, culminating in a substantial Series D round, indicates a mature stage of development, likely focused on scaling operations, enhancing its technological infrastructure, and broadening its market reach. Future strategic moves will likely involve leveraging this capital to solidify its competitive advantage and capture a larger share of the life insurance market.
See full Ladder company page