Ladder

insurtechonline first insurance

FOUNDING YEAR: 2015
LOCATION: United States
Last Update: 17/07/2020

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About

Ladder combines the power of innovative technology with world-class financial and insurance expertise to make it easy for anyone to access life insurance.

MEDICI Analysis

Ladder Financial is a Menlo Park, CA-based stealth company offering an online financial service. Ladder uses the power of technology combined with financial and insurance to bring out the best life insurance for customers' unique needs.

Focus

PRODUCTS & SERVICES

Online life insurance platform for individuals.

REVENUE MODEL

The company earns commission fee through their insurance partners.

MAIN CLIENTS

Retail Life Insurance Consumers

PRIMARY PROBLEM SOLVED

Ladder combines the power of innovative technology with world-class financial and insurance expertise to make it easy for anyone to access life insurance.

Traction

VALUATION / MARKET CAP:

$40 M in 2018

REVENUE

$1.0M - $4.99M in 2018

REVENUE COMMENT:

The company had a revenue of $3.6Million in 2018

People

FOUNDERS

Jamie Hale

Laura Hale

Jack Dubie

Jeff Merkel

NUMBER OF EMPLOYEES

11-50

INVESTORS:

8VC

Allianz

Allianz Life Ventures

Canaan Partners

Formation 8

Lightspeed Venture Partners

Northwestern Mutual Future Ventures

Nyca Partners

RRE Ventures

Thomvest Ventures

KEY EMPLOYEES:

Jamie Hale(CEO)

Momentum

FUNDED

YES

TOTAL FUNDING

$64 M

DATE OF LAST FUNDING

Feb 2020

TOTAL FUNDING COMMENT

The company is planning to use the fund to continue developing its platform capabilities, hiring of engineers, and expand its marketing initiatives nationwide(May 2018).

SEED & PRIOR FUNDING

$2.5 M

SEED CLOSED ON

Aug 2015

FUNDING SERIES

SERIES A  · $14 M  · Oct 2016

SERIES B  · $10 M  · May 2018

SERIES C  · $37.5 M  · Feb 2020

LISTED

NO

BASICS

FOUNDING YEAR:

2015

LOCATION:

United States

Views:

212 VISITORS | 315 VIEWS
LATEST FUNDING ROUND

$64 M

TOTAL EMPLOYEES
11-50

About

Ladder combines the power of innovative technology with world-class financial and insurance expertise to make it easy for anyone to access life insurance.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

MEDICI Analysis

Ladder Financial is a Menlo Park, CA-based stealth company offering an online financial service. Ladder uses the power of technology combined with financial and insurance to bring out the best life insurance for customers' unique needs.

Focus+
Momentum+
Traction+
People+
Other+

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Ladder

About

Ladder combines the power of innovative technology with world-class financial and insurance expertise to make it easy for anyone to access life insurance.

Focus

PRODUCTS & SERVICES

Smart life insurance

REVENUE MODEL

The company earns commission fee through their insurance partners.

TOP PROBLEM SOLVED

Ladder combines the power of innovative technology with world-class financial and insurance expertise to make it easy for anyone to access life insurance.

PRODUCT DEVELOPMENT STAGE

MARKET TRIAL

PRIMARY CUSTOMER TYPE

Consumer