Latch Overview
- Founded
-
2013
- Status
-
Public
- Employees
-
206
- Stock Symbol
-
LTCH
- Investments
-
1
- Share Price
-
$0.78
- (As of Wednesday Closing)
Latch General Information
Description
Latch Inc makes spaces better places to live, work, and visit through a system of software, devices, and services. It specializes in keyless entry security systems to open and manage every door in an apartment building from a smartphone. LatchOS enables spaces across North America, including in 44 states and Canada, from affordable housing in Baltimore, to historic buildings in Manhattan, to luxury towers in the Midwest. Latch works with real estate developers, large and small, ranging from the largest real estate companies in the world to passionate local owners.
Contact Information
Website
www.latch.com
Formerly Known As
Latchable
Ownership Status
Publicly Held
Financing Status
Formerly VC-backed
Primary Industry
Electronic Equipment and Instruments
Other Industries
Electronics (B2C)
Business/Productivity Software
Other Hardware
Stock Exchange
NAS
Primary Office
- Post Office Box 2048
- New York, NY 10159
- United States
+1 (703) 000-0000
Latch Timeline
Latch Stock Performance
(As of Wednesday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $0.78 | $0.75 | $0.49 - $4.69 | $109M | 145M | 461K | -$1.59 |
Latch Financials Summary
|
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 |
Public Fundamental Data provided by Morningstar, Inc.
disclaimer
Latch Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Latch Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price |
% Owned |
|---|
Latch Comparisons
Description
Primary
Industry
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Financing
Details
Latch Inc makes spaces better places to live, work, and visit through a system of software, devices, and services. It sp
Electronic Equipment and Instruments
New York, NY
206
As of 2023
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Scottsdale, AZ
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As of 0000
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New York, NY
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As of 0000
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Add Comparison
Latch Competitors (11)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| SmartRent | Formerly VC-backed | Scottsdale, AZ | 000 | 00000 | 000000000 | 00000 |
| 00000000000 | Venture Capital-Backed | New York, NY | 000 | 00000 | 00000000000 | 00000 |
| 00000000 | Corporate Backed or Acquired | Harlev, Denmark | 00 | 0000000000. | ||
| 000000000000 | Venture Capital-Backed | Singapore, Singapore | 00 | 000.00 | 00000000000 | 000.00 |
| 00000 0000 | Venture Capital-Backed | Redwood City, CA | 000 | 00000 | 0000000000 0 | 00000 |
Latch Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
-
Verticals
Latch Patents
Latch Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20230086009-A1 | System and techniques to normalize objects in spatial imaging of spaces | Pending | 23-Sep-2021 | 000000000 | |
| US-20220254212-A1 | Systems and techniques to provide smart access capabilities in a smart system environment | Pending | 09-Feb-2021 | 000000000 | |
| CA-3120307-A1 | Locking mechanism | Pending | 11-Jan-2021 | 0000000000 | |
| EP-4026968-A1 | Locking mechanism | Pending | 11-Jan-2021 | 0000000000 | 0 |
| CA-3118850-A1 | Universal smart interface for electronic locks | Pending | 11-Jan-2021 | G07C9/00309 |
Latch Executive Team (22)
Latch Board Members (9)
| Name | Representing | Role | Since |
|---|---|---|---|
| Allen Smith | Latch | Board Member | 000 0000 |
| Keith Hamlin JD | Third Prime | Board Member | 000 0000 |
| Michael Brian Jones | Latch | Co-Founder, Chief Technology Officer & Board Member | 000 0000 |
| Peter Campbell | Self | Board Member | 000 0000 |
| Raju Rishi | RRE Ventures | Board Member | 000 0000 |
Latch Signals
Growth Rate
0.80%
Weekly
Growth
Growth
Weekly Growth
0.80%, 93rd %
-35.5%.
530%
Size Multiple
219x
Median
Size Multiple
219x, 100th %ile
0.00x
0.95x.
413Kx
Key Data Points
Twitter Followers
5.5k
Similarweb Unique Visitors
15.0K
Majestic Referring Domains
314
Latch Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Latch Acquisitions (1)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| 00 0000000000 | 04-Jun-2021 | 0000000000 | Special Purpose Acquisition Company (SPAC) |
Latch ESG
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
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Communications Equipment
Subindustry
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