🦄 Unicorner Startup of the Week: Ladder
 
 ✍️ Notes From The Editors  
Hope your Monday is off to a good start! We’re excited for this week’s issue on Ladder for a few reasons. For one, we’ve been following Andrew and the team’s journey for over a year—ever since Ladder began as a newsletter connecting students to professionals—and it’s amazing to see how far they’ve come since then.
 
Beyond that, though, we love the platform; in fact, you might remember our newsletter AMA we had in May in collaboration with Ladder. We hope you enjoy today’s article. Reply to this email with your thoughts!
 
 - Arek and Ethan 🦄
 
 
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Next-gen professional community platform
 
 
Ladder is rethinking how we connect with one another professionally. Its service combines the layout of a forum and social network, with the aim of becoming the go-to professional platform for a Gen Z audience. The company’s community-based approach focuses on helping users grow their network by facilitating genuine interactions and providing high-quality resources.
 
 
🔗 Check them out: ladder.to
 
 
💰 Business Model
Currently pre-revenue, but looking to monetize through recruiting, partnerships, and its new community jobs boards feature.
 
📈 Traction and Fundraising
  • Raised $3.7 million seed round with investors like Forerunner Ventures, Seven Seven Six, Pear VC, and top angels like Harry Stebbings, Elizabeth Weil, Tony Xu, Josh Buckley, and Josh Elman
  • Recently released iOS and Android apps, which are available on the App Store and Google Play Store
  • Tens of thousands of active users, with thousands on the waitlist
 
👫 Founder(s)
  • Andrew Tan, CEO: Previously Data Analytics @ Sequoia, Technical Product Management @ Google, CS MS @ Stanford, CS and Statistics BA @ Berkeley
 
🔮 Our Analysis
It can be hard to meaningfully network on traditional professional social networks like LinkedIn, especially when the focus is often on the number of connections rather than the quality of those connections. Ladder’s strategic use of community gives the process of online networking a more human connection. The platform offers a variety of ways to meaningfully interact with people on the platform, such as community events, AMAs with industry leaders, coffee chats with like-minded individuals, and more. Ladder’s new job board feature also provides a personalized approach to the job search process, allowing industry leaders, companies, and investors like Alexis Ohanian, Roblox, and Forerunner Ventures to create tailored job listings for the Ladder community and their audiences. The company has bold plans in its journey to democratize access to career growth; CEO Andrew Tan told us that Ladder’s goal over the next year is to help 1 million people discover their dream job, create lifelong relationships, and launch their careers. We’re excited to see the impact Ladder has on the world of professional networking as we head into 2022.
 
📚 Further Reading
 
 
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Made with 💜 by the Unicorner Team 🦄
 
 
🎁 Bonus Content!
If you liked what you read about Ladder, be sure to also check out and support Ladder’s mobile app launch on Product Hunt today!
 
 
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