Insights

Market Penetration Latch is a leader in the smart access category, with over 10% of new U.S. apartments being built with Latch products. This significant market penetration showcases a growing demand for modern building solutions, presenting sales opportunities for expanding market share.

Top Developer Adoption A notable achievement is that 7 out of 10 of the NMHC largest developers are already Latch customers. Leveraging these existing relationships with key players in the real estate industry can open doors for upselling, referrals, and partnerships to drive further sales growth.

Global Expansion Potential With Latch buildings present in 36 states and a global team of over 200 members, there is great potential for global expansion. Leveraging the existing workforce and customer base can facilitate international sales growth and establish Latch as a significant player in the global smart building market.

Competitive Differentiation Latch's holistic platform, combining software, products, and services into a full-building operating system, sets it apart from competitors in the IT services and consulting industry. Emphasizing this unique selling proposition can help in attracting customers looking for comprehensive and innovative building solutions.

Revenue Growth Opportunities With a revenue range of $50M - 100M and $190M in funding, Latch has the financial stability to support scalable growth. Sales development representatives can capitalize on this financial health to explore new revenue streams, upsell to existing customers, and drive sales through targeted marketing campaigns.

Latch Tech Stack

Latch uses 8 technology products and services including Amazon S3, jsDelivr, PostgreSQL, and more. Explore Latch's tech stack below.

  • Amazon S3
    Content Delivery Network
  • jsDelivr
    Content Delivery Network
  • PostgreSQL
    Database
  • Cart Functionality
    E-commerce
  • Okta
    Identity Verification
  • Exhibit
    Javascript Graphics
  • Bitrise
    Mobile Apps
  • Coupa
    Travel And Expense Management

Media & News

Latch's Email Address Formats

Latch uses at least 1 format(s):
Latch Email FormatsExamplePercentage
First.Last@latch.comJohn.Doe@latch.com
88%
First@latch.comJohn@latch.com
9%
Last@latch.comDoe@latch.com
3%

Frequently Asked Questions

Where is Latch's headquarters located?

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Latch's main headquarters is located at 1220 N Price Rd Suite 2 St Louis, Missouri 63132 US. The company has employees across 4 continents, including North AmericaSouth AmericaEurope.

What is Latch's phone number?

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You can contact Latch's main corporate office by phone at . For more prospecting data, LeadIQ has access to up-to-date and accurate contact information within our platform. Find, capture, and sync contact data to your CRM and sales tools in one click.

What is Latch's stock symbol?

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Latch is a publicly traded company; the company's stock symbol is LTCHW.

What is Latch's official website and social media links?

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Latch's official website is latch.com and has social profiles on LinkedIn.

How much revenue does Latch generate?

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As of November 2024, Latch's annual revenue reached $75M.

What is Latch's SIC code NAICS code?

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Latch's SIC code is 5045 - Computers and Computer Peripheral Equipment and Software NAICS code is 541990 - All Other Professional, Scientific, and Technical Services.

How many employees does Latch have currently?

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As of November 2024, Latch has approximately 201 employees across 4 continents, including North AmericaSouth AmericaEurope. Key team members include Chief Growth Officer: M. S.Chief Development Officer (cdo) And Co Founder: T. S.Vice President Operations: C. D.. Explore Latch's employee directory with LeadIQ.

What industry does Latch belong to?

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Latch operates in the IT Services and IT Consulting industry.

What technology does Latch use?

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Latch's tech stack includes Amazon S3jsDelivrPostgreSQLCart FunctionalityOktaExhibitBitriseCoupa.

What is Latch's email format?

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Latch's email format typically follows the pattern of . Find more Latch email formats with LeadIQ.

How much funding has Latch raised to date?

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As of November 2024, Latch has raised $190M in funding. The last funding round occurred on Jun 07, 2021 for $190M.

When was Latch founded?

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Latch was founded in 2014.
Latch

Latch

IT Services and IT ConsultingMissouri, United States201-500 Employees

Latch makes spaces better places to live, work, and visit.

Apartment buildings haven’t changed in decades. People spend thousands of dollars every month for an experience that is outdated, inconvenient, analog, impersonal and leaves a lot to be desired. 

Leveraging our knowledge from product companies like Apple, we’ve rethought how people interact with space. Latch delivers a full-building operating system designed to help owners, residents, and third parties like guests, couriers, and service providers seamlessly experience the modern building. We’ve done this by combining software, products, and services into a holistic platform that make spaces more efficient, enjoyable, and profitable.

Founded in 2014, we started by defining the smart access category. We then went on to create our own hardware and software for a range of smart building devices, built integrations with Google Nest, Sonos, Honeywell, ecobee, Real Page, UPS, and more, and in 2020 unveiled LatchOS, our full-building operating system.

Today, more than 1 in 10 new apartments in the U.S. are being built with Latch products, 7 out of 10 of the NMHC largest developers are Latch customers, and 36 states feature Latch buildings. We are a global team of 200+ team members working to reimagine the modern buildings of today and drive the evolution of the cities of tomorrow.

Section iconCompany Overview

Headquarters
1220 N Price Rd Suite 2 St Louis, Missouri 63132 US
Phone number
Website
latch.com
SIC Code
5045 - Computers and Computer Peripheral Equipment and Software
Stock Symbol
LTCHW
NAICS Code
541990 - All Other Professional, Scientific, and Technical Services
Founded
2014
Employees
201-500

Section iconMedia & News

Section iconFunding & Financials

  • $190M

    Latch has raised a total of $190M of funding over 7 rounds. Their latest funding round was raised on Jun 07, 2021 in the amount of $190M.

  • $50M$100M

    Latch's revenue is in the range of $50M$100M

Section iconFunding & Financials

  • $190M

    Latch has raised a total of $190M of funding over 7 rounds. Their latest funding round was raised on Jun 07, 2021 in the amount of $190M.

  • $50M$100M

    Latch's revenue is in the range of $50M$100M

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