Overview of Transaction

• On October 4, 2021, Ladder, a leading InsurTech company that offers flexible life insurance in minutes, announced that it has raised $100 million in Series D financing led by Thomvest Ventures and OMERS Growth Equity
• Founded in 2015, Ladder combines the power of innovative technology with world-class financial and insurance expertise to make it easy for anyone to access life insurance
• 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 and affordable as it should be
• The Company also announced that it has become the first fully digital life insurance company in operation, after issuing its first policies through Ladder Life Insurance Company
• Ladder offers coverage up to $8 million in all 50 states

Significance of Transaction

• The financing will be used to invest in further product innovation, and to grow the Ladder team, which has plans to more than double in the next year
• The transaction follows strong growth from Ladder, which more than quadrupled its revenue last year and plans to issue $30 billion in LadderLife coverage by year end

FT Partners' Role

• FT Partners served as exclusive strategic and financial advisor to Ladder
• This transaction underscores FT Partners' deep domain expertise and transactional experience in InsurTech, as well as its successful track record generating highly favorable outcomes for high-growth FinTech companies globally