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Ladder raised $15 million in Series B funding led by Point72 Ventures and ADvantage VC to accelerate product development and expand into new business lines.

Nov 20, 2024•8 months ago

Amount Raised

$15 Million

Round Type

series b

AustinHealth CareFitnessWellness

Investors

General CatalystLiv Well VenturesTapestry VcPags GroupA Dvantage VcPoint72 Ventures

Description

Ladder, the #1 iOS app for strength training, announced it has raised $15 million in Series B funding, led by Point72 Ventures and ADvantage VC. Additionally, Ladder secured a $90 million investment from General Catalyst to support customer acquisition costs. These combined funds will support Ladder's expansion plans and product development.

Company Information

Company

Ladder

Location

Austin, Texas, United States

About

Ladder is a fitness app dedicated to providing the world's best strength training plan from the world's best coaches, every single day. Get movement videos, in-ear coaching, and precise pacing for every workout, so you can workout more consistently, get stronger and never have to plan your workouts ever again.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech