Latch Revenue and Competitors

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Location

#4947

Growjo Ranking

IoT

Industry

Estimated Revenue & Valuation

  • Latch's estimated annual revenue is currently $34.3M per year.(i)
  • Latch received $70.0M in venture funding in August 2018.
  • Latch's estimated revenue per employee is $75,285
  • Latch's total funding is $342.1M.
  • Latch's current valuation is $900.3M. (January 2022)

Employee Data

  • Latch has 456 Employees.(i)
  • Latch grew their employee count by 25% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$12.2M15915%N/AN/A
#2
$171.2M921154%$963.1M$11B
#3
$38.8M24924%$20.6MN/A

Latch makes access easier for everyone at a modern building. We've combined decades of experience building the world's most trusted locks with decades of experience designing iconic technology products. The result is strong, simple, and stunning.

keywords:saas

$342.1M

Total Funding

456

Number of Employees

$34.3M

Revenue (est)

25%

Employee Growth %

$900.3M

Valuation

TechStars

Accelerator

Latch News

2022-04-20 - Environmental activists latch onto Russian oil tanker in Norway

Environmental activists latch onto Russian oil tanker in Norway. They said they were protesting Norway's financing of Putin's war efforts.

2022-04-20 - Moki Door Step Uses Your Car's Existing Door Latch to Make ...

Made of aluminum, the Moki simply latches onto the existing door latch of your car. A rubber bumper on the back prevents it from marring...

2022-04-20 - Comparing Latch (NASDAQ:LTCH) & Crown Proptech ...

Get Latch alerts: 45.3% of Latch shares are owned by institutional investors. Comparatively, 65.8% of Crown Proptech Acquisitions shares are...

2021-11-16 - Latch Announces Partner Products with Global Access Leaders

NEW YORK, Nov. 16, 2021 (GLOBE NEWSWIRE) -- Latch, Inc. (NASDAQ: LTCH), maker of LatchOS, the full-building enterprise software-as-a-service (SaaS) platform, today announced new partnerships with Marks USA, a division of NAPCO Security Technologies (NASDAQ: NSSC), and TownSteel, Inc., along with ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$129.4M45625%N/A
#2
$119.7M45619%N/A
#3
$82.8M45742%N/A
#4
$82.8M457N/AN/A
#5
$161M458-14%N/A

Latch Funding

DateAmountRoundLead InvestorsReference
2016-02-12$10.5MAMultipleArticle
2017-05-11$10.0MARRE VenturesArticle
2018-08-23$70.0MBBrookfield VenturesArticle