The Allianz and Northwestern Mutual-backed digital insurance provider raised the capital at a reported $900m valuation.

Ladder, a US-based online life insurance portal backed by insurance providers Allianz and Northwestern Mutual, received $100m on Monday in a series D round valuing it at $900m according to TechCrunch.

The round was co-led by venture capital firm Thomvest Ventures and Omers Growth Equity, a subsidiary of pension fund manager Omers.

Founded in 2015, Ladder provides flexible life insurance policies ranging from $100,000 to $8m through a vertically integrated model and claims to have experienced a fourfold growth in…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
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