Latch, founded in 2014, transforms static apartment buildings into cutting-edge spaces, embodying the slogan "We make spaces better places to live, work, and visit." The company is headquartered in the United States and operates in the AI industry. It reimagines residential experiences by offering a comprehensive building operating system combining hardware, software, and services.
By leveraging insights from leading tech companies, Latch has introduced innovations like LatchOS, integrating with notable brands like Google Nest, Sonos, and Honeywell. As of now, more than 10% of new U.S. apartments feature its products, and the company boasts partnerships with 7 out of 10 of the largest developers according to the NMHC.
The company's growth is supported by a $190.00M Post-IPO Equity investment received in June 2021 with backing from prominent investors such as Lux Capital, D1 Capital Partners, and BlackRock. With a global team of over 200, Latch stands poised to redefine urban living spaces.