Ladder, an Austin, TX-based iOS app for training, raised $105M in Funding.
The round consisted of $15M in Series B funding led by Point72 Ventures and ADvantage VC, with participation from Steve Pagliuca’s PagsGroup and Series A lead investors Tapestry VC and LivWell Ventures and a $90M growth investment from General Catalyst’s Customer Value strategy.
The company intends to use the funds to accelerate product development, support expansion into new business lines and its core customer acquisition strategies.
Led by CEO Greg Stewart, Ladder provides a training app for people who are serious about fitness, planning and maintaining a consistent training routine. With new workouts each week from expert coaches, members can follow progressive workout plans in a variety of modalities including Pilates, HIIT, bodybuilding, kettlebell training, yoga, prenatal and more.
Ladder members have completed over 15 million workouts and logged 90 million entries in the Ladder Journal, tracking progress and celebrating personal records.
FinSMEs
21/11/2024