Latch Systems Overview
- Year Founded
-
2013
- Status
-
Public
- Employees
-
500
- Stock Symbol
-
LTCH
- Investments
-
5
- Share Price
-
$0.18
- (As of Friday Closing)
Latch Systems General Information
Description
Latch Inc is a technology company delivering an integrated ecosystem of hardware, software and services designed to enhance operations and experiences within buildings, serving the multifamily rental market. Its core offering is built around a proprietary, cloud-based software-as-a-service (SaaS) platform (the DOOR Platform) that powers and manages the suite of smart access control devices (including locks, readers and intercoms) and smart home devices and integrates with other connected devices within a building. The company generates the majority of revenue revenue through the license of its SaaS over the cloud-based platform on a subscription-based arrangement. Geographically, the company operates in single segment being USA.
Contact Information
Website
www.latch.comCorporate Office
- PO Box 2048
- New York, NY 10159
- United States
Corporate Office
- PO Box 2048
- New York, NY 10159
- United States
Latch Systems Stock Performance
As of 13-Nov-2026, Latch Systems’s stock price is $0.18. Its current market cap is $30.6M with 166M shares.
(As of Friday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $0.18 | $0.18 | $0.07 - $0.30 | $30.6M | 166M | 33.8K |
Latch Systems Financials Summary
As of 31-Mar-2022, Latch Systems has a trailing 12-month revenue of $48.4M.
|
In Thousands, USD |
TTM 31-Mar-2022 | FY 2021 31-Dec-2021 | FY 2020 31-Dec-2020 | FY 2019 31-Dec-2019 |
|---|---|---|---|---|
| EV | 326,177 | 765,762 | ||
| Revenue | 48,386 | 41,360 | 18,061 | 14,887 |
| EBITDA | (162,964) | (155,250) | (61,432) | (49,896) |
| Net Income | (172,449) | (166,319) | (65,994) | (50,226) |
| Total Assets | 415,115 | 452,304 | 89,609 | |
| Total Debt | 3,520 | 0 | 57,195 | 0 |
Latch Systems Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Latch Systems Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price |
% Owned |
|---|
Latch Systems Comparisons
Industry
Financing
Details
Latch Systems Competitors (4)
One of Latch Systems’s 4 competitors is Danalock, a Corporate Backed or Acquired company based in Harlev, Denmark.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Danalock | Corporate Backed or Acquired | Harlev, Denmark | ||||
| ButterflyMX | Private Equity-Backed | New York, NY | ||||
| SmartRent | Formerly VC-backed | Phoenix, AZ | ||||
| Photosynth | Formerly VC-backed | Tokyo, Japan |
Latch Systems Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
-
Verticals
Latch Systems Patents
Latch Systems Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| WO-2025255131-A1 | Device with integrated processor to perform real-time anomaly detection and response for smart building systems | Pending | 03-Jun-2024 | ||
| US-20250370437-A1 | Technics and systems to provide contextual information of spaces and objects utilizing sensors with machine learning | Pending | 03-Jun-2024 | ||
| CA-3239609-A1 | Array mounting assembly | Pending | 30-Nov-2021 | ||
| EP-4441312-A1 | Array mounting assembly | Inactive | 30-Nov-2021 | ||
| EP-4441312-A4 | Array mounting assembly | Inactive | 30-Nov-2021 | F16M13/02 |
Latch Systems Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Latch Systems Acquisitions (5)
Latch Systems’s most recent deal was a Merger/Acquisition with HelloTech. The deal was made on 27-Jun-2024.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| HelloTech | 27-Jun-2024 | Merger/Acquisition | Other Services (B2C Non-Financial) | ||
| The Broadway Company | 28-Mar-2024 | Merger/Acquisition | Other Commercial Services | ||
| The Broadway Company (Property Management Business) | 27-Feb-2024 | Merger/Acquisition | Real Estate Services (B2C) | ||
| Honest Day's Work | 03-Jul-2023 | Merger/Acquisition | Business/Productivity Software | ||
| TS Innovation Acquisitions | 04-Jun-2021 | Merger/Acquisition | Special Purpose Acquisition Company (SPAC) |
Latch Systems ESG
Risk Overview
Risk Rating
Updated April, 30, 2023
21.06 | Med Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
Management
Management is related to actions taken to manage ESG issues
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
of 15,942
Rank
Percentile
Technology Hardware
Industry
of 656
Rank
Percentile
Communications Equipment
Subindustry
of 126
Rank
Percentile
Latch Systems Affiliates
Subsidiaries (2)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| HelloTech | Olivette, MO | 2014 | |
| The Broadway Company | Boston, MA | 2011 |
Latch Systems FAQs
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When was Latch Systems founded?
Latch Systems was founded in 2013.
-
Where is Latch Systems headquartered?
Latch Systems is headquartered in New York, NY.
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What is the size of Latch Systems?
Latch Systems has 500 total employees.
-
What industry is Latch Systems in?
Latch Systems’s primary industry is Electronic Equipment and Instruments.
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Is Latch Systems a private or public company?
Latch Systems is a Public company.
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What is Latch Systems’s stock symbol?
The ticker symbol for Latch Systems is LTCH.
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What is the current stock price of Latch Systems?
As of 13-Nov-2026 the stock price of Latch Systems is $0.18.
-
What is the current market cap of Latch Systems?
The current market capitalization of Latch Systems is $30.6M.
-
What is Latch Systems’s current revenue?
The trailing twelve month revenue for Latch Systems is $48.4M.
-
Who are Latch Systems’s competitors?
Danalock, ButterflyMX, SmartRent, and Photosynth are competitors of Latch Systems.
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