Latch, Inc.
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- David Lillis
- Full Time Employees
- 75
- Sector
- Technology
- Industry
- Software - Application
- Address
- 508 West 26th Street Olivette NY United States of America 10001
- IPO Date
- Dec 31, 2020
- CIK
- 0001826000
- Website
- latch.com
- Similar Companies
- Business
- Latch, Inc., now rebranded as DOOR, operates as a technology company specializing in integrated access, automation, and building management solutions primarily for multifamily residences and commercial properties. The company’s core product offerings include keyless entry systems, smart locks like the M3 Retrofit Lock, smart sensors, Internet of Things (IoT) devices, and software platforms such as the DOOR App and DOOR OS, designed to enhance building security, operational efficiency, and resident experience. These products enable residential and commercial building developers, owners, and property managers to manage access, automate building operations, and integrate smart home functionalities at scale across their properties. Latch also extends its services to property management through its subsidiary Door Property Management, which operates and manages real estate portfolios, exemplified by its acquisition of The Broadway Company’s property management arm. Founded in 2014 and headquartered in Olivette, Missouri, Latch initially gained market recognition for its full-building smart access system launched in 2017. Since going public via a SPAC merger in 2021, the company has undergone significant strategic evolutions, including a major restructuring in 2023 to reduce costs and streamline operations. Recent major changes include its acquisition of Honest Day’s Work in 2023, a platform supporting residential service providers to improve efficiency and profitability, and the acquisition of HelloTech, which enhances its last-mile installation and connected device support capabilities. The rebranding to DOOR in 2025 reflects a strategic shift to position the company as a comprehensive building intelligence platform that integrates hardware, software, and automation for smarter property operations and improved resident experiences. DOOR’s recent product launches focus on expanding smart home device offerings and operational tools, evident with the introduction of new hardware like smart sensors, the R2 Retrofit Kit for mobile-enabled access, refreshed DOOR Link, and the DOOR Solar Sign. The company continues to innovate with the DOOR App, consolidating access, automation, and community features, and aims to simplify building management for clients across North America. Leadership changes are also underway, with Jamie Siminoff, co-founder of Ring and Honest Day’s Work, transitioning to CEO, highlighting DOOR’s focus on innovation and growth in the smart building technology sector. Overall, Latch/DOOR operates in the application software and smart building technology space, servicing real estate developers, builders, property owners, and managers across the United States and beyond, leveraging its integrated platform of access control, automation, and building management solutions to enhance property operations and resident satisfaction.
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