https://techcrunch.com/2021/10/04/ladder-raises-100m-on-a-900m-valuation-for-a-platform-selling-flexible-term-life-insurance/

Life insurance has had a new lease of life in the era of insuretech, and today one of the companies building a business out of rethinking everything — from target customers through to how to provision and pay for insurance, and how much coverage to give — is announcing some funding on the back of strong growth. Ladder, which providers flexible-term life insurance policies providing coverage ranging from $100,000 to $8 million, has raised $100 million in equity funding, a Series D that values the company at $900 million.

At a time when mortality is perhaps more present than usual to the average person — thanks, Covid-19 — Ladder has had a really strong year, with revenues growing four-fold (exact amount undisclosed). The Palo Alto-based startup, which operates in the U.S. only today, is on track to issue $30 billion in coverage by the end of this year.