Ladder Raises $100M in Series D Financing, Becomes First Digital Life Insurance Company
Ladder is also announcing that it has become the first fully digital life insurance company in operation, after issuing its first policies through
The
"I know first hand how life insurance can change a life," said
"The world is only becoming more digital, not less, and the life insurance industry to-date has been slow to modernize," said
"
About Ladder
Ladder is the digital life insurance company of tomorrow. Offering flexible term coverage in minutes that can save policyholders up to 40%, Ladder uses an all-digital architecture and real-time underwriting to make life insurance as accessible, affordable, and beloved as it should be. The company is headquartered in
About
About OMERS Growth Equity
OMERS Growth Equity invests in high-growth companies backed by exceptional teams. OMERS Growth Equity is a long-term investor, focused on supporting companies to pursue all types of growth opportunities. These growth opportunities could include scaling operations, making acquisitions, expanding product lines, or entering new markets. To learn more, visit: https://www.omersprivateequity.com/GrowthEquity, or follow us on Twitter or LinkedIn.
Savings in premium compared with the same customer maintaining their full coverage amount for the policy term. Savings attained by decreasing coverage every three years over the policy's full term on a
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