Ladder Life offers affordable, 100% digital term life insurance from $100k to $3 million with the ability to adjust your coverage as life changes.
2021 • Series D
Ladder uses a tech-driven approach to offer end-to-end life insurance through a digital platform that it believes is more flexible, faster, and cost-effective than traditional providers. Ladder's flexible term life insurance can save policyholders up to 40%, using an all-digital architecture and real-time underwriting to make life insurance as accessible and affordable. Thomvest Ventures and OMERS Growth Equity led a $100 million Series D financing for Ladder. The fintech startup currently has just under 100 employees, with plans to roughly double that number over the next year (primarily in engineering) using this fresh growth capital. Notably, Ladder's customers are 15 years younger on average comparted to those of incumbent service providers — approximately 75% of Ladder's customers are first-time life insurance buyers.
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