Latch logo — We make spaces better places to live, work, and visit.

Latch

We make spaces better places to live, work, and visit.

Founded 2014 United States United States 209 employees Post-IPO Equity Total: $342.12M AI

General Information

Company Name Latch
Founded Year 2014
Location United States United States
Employees 209
Industries AI
Funding Stage Post-IPO Equity
Business Model Platform, B2B2C, SaaS
Revenue Model Subscription, Product Sales, Tiered Pricing
Social

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Recorded by Bounce Watch from public sources. Every entry below carries the date we observed it, and when we have not looked recently the page says so rather than leaving silence to imply nothing happened.

In The News Sep 26, 2026

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About Latch

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.

Business keywords: Smart Building Technology, Access Control, IoT Devices, Building Operating Systems, Hardware Integration, Software Development, Resident Experience, Building Efficiency, Property Management Solutions, Tech-Enhanced Living Spaces, Third-Party Integration, Building Automation, Digital Transformation, Real Estate Technology, Urban Development Innovation

Services & Products

Integrated Smart Building Platform
Access and Automation Solutions
Property Management Integrations
Smart Home Devices

Target Customers

Multifamily Owners Property Managers Residential Communities Building Operators

Funding Rounds & Investors (7)

View All
Funding Stage Amount Investors Lead Investors Date
Post IPO Equity $190.00M 10
Lux Capital, D1 Capital Partners +8
07 Jun 2021
Series B $56.00M 4
CEAS Investments, Avemir Growth Capital +2
01 Aug 2019
Series B $70.00M 10
Primary, RRE Ventures +8
22 Aug 2018
Series A $10.00M 8
Alpaca VC, Primary +6
10 May 2017
Series A $10.50M 10
Primary, Techstars +8
10 Feb 2016
Seed Round $5.50M 10
CEAS Investments, Primary +8
29 Apr 2015
Pre Seed Round $120.00K 2
Techstars, R/GA Accelerator
20 Oct 2014

Latch Alternatives & Competitors

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Latch vs
Algeno
Algeno Sweden

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Latch vs
Watergate AI Limited
Watergate AI Limited United Kingdom

Ending the era of dumb water.

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Latch vs
Archistar.ai
Archistar.ai Australia

A world-leading technology company that helps individuals, businesses and governments maximise real...

Venture round
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FAQ About Latch

We make spaces better places to live, work, and visit.
Latch was founded in 2014.
Latch is headquartered in United States.
Latch operates in AI. Its work centres on Smart Building Technology, Access Control, IoT Devices and Building Operating Systems. Its customers include Multifamily Owners, Property Managers and Residential Communities.
Latch has a Platform, B2B2C and SaaS business model. Its revenue comes from Subscription, Product Sales and Tiered Pricing.
Latch has approximately 209 employees.
Latch has completed 7 funding rounds, raising a total of $342.12M. The latest funding stage is Post-IPO Equity.
Latch offers: Integrated Smart Building Platform, Access and Automation Solutions, Property Management Integrations, Smart Home Devices.
Top alternatives and competitors to Latch include Algeno, Watergate AI Limited, Archistar.ai, PRODA LTD, B-Line. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Latch and Algeno are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Latch, https://bouncewatch.com/company/latch, updated 30 April 2026. When citing, please name BounceWatch and link this page.

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