Where is Latch located?

Latch is headquartered in New York City, United States. It is registered at New York, New York.

How many employees does Latch have?

As of May 31, 2026, the latest employee count at Latch is 266.

Is Latch a funded company?

Latch is a funded company, having raised a total of $153M across 6 funding rounds to date. The company's 1st funding round was a $5.5M Seed round.

When was the latest funding round of Latch?

Latch's latest funding was a $56M Series B round on Aug 01, 2019, with participation from 4 investors. Its primary sector is Security & Surveillance Technology. In United States, the Security & Surveillance Technology sector has seen $2.74B in funding in 2026 to date.

What is the annual revenue of Latch?

Annual revenue of Latch is between $50M and $100M as on Dec 31, 2025

Is Latch a Security & Surveillance Technology company?

The primary sectors of Latch are Security & Surveillance Technology, Smart Homes and IoT Applications.

Where does Latch rank among its competitors?

Latch ranks 1st amongst 478 active competitors, of which 44 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was igloohome, which secured an undisclosed amount in May, 2024.

Who are the top competitors of Latch?

Latch's top competitors include August, Level and igloohome. Among them, igloohome secured the most recent funding round in May, 2024.

Latch - 2026 Company Profile, Team, Funding, Competitors & Financials

Latch is a public company based in New York City (United States), founded in 2014 by Luke Schoenfelder. It operates as a Provider of cloud-based smart locks for residential and commercial places. Latch has raised $153M in funding from investors like Lux Capital, Expansion Venture Capital and RRE Ventures. The company has 478 active competitors, including 44 funded and 27 that have exited. Its top competitors include companies like August, Level and igloohome.

Sectors and market segments that Latch operate in

Latch serves in the High Tech, Internet of Things - Industry Applications market segments.The primary business model of Latch are:

Company Details

Provider of cloud-based smart locks for residential and commercial places. It provides users with an internet-connected or electro-mechanically engineered lock system for access control. Its product portfolio includes smart locks, guest and delivery management systems, and smart home sensors. Its locks can be operated using its mobile application, access cards, and passwords. It comprises a touch panel and a wide-angle camera.

Website: latch.com
Social
Email ID: *****@latch.com
Registered Address: New York, New York

Key Metrics

Founded Year

2014

Location

New York City, United States

Stage

Public

Total Funding

$153M in 6 rounds

Latest Funding Round

Series B, Aug 01, 2019, $56M

Investors

Lux Capital & 33 more

Ranked

1^st among 478 active competitors

Annual Revenue

$50M - $100M as on Dec 31, 2025

Employee Count

266 as on May 31, 2026

Similar Companies

Vivint & 1260 more

Exit Details

Public

View Latch's full profile

Latch is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Latch Systems, Inc. CIN: 32092909731 , United States, Active	Dec 19, 2023	-	-	-
Latch, Inc. CIN: 1826000 , United States, Active	Sep 17, 2020	$50M - $100M (As on Dec 31, 2025)	-	-
LATCHABLE, INC CIN: 464779711 , United States, Active	Dec 31, 1999	-	104 (As on Dec 31, 2024)	-

Latch got listed on Jun 07, 2021.

Click here to take a look at Latch's IPO in detail

Latch has raised a total funding of $153M over 6 rounds. Its latest funding round was a Series B round on Aug 01, 2019 for $56M. 4 investors participated in its latest round. Latch has 33 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Latch:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 01, 2019	$56M	Series B	$400M	-	Avenir Growth Capital	Brookfield Asset Management, RXR, Tishman Speyer
Aug 22, 2018	$70M	Series B	$250M	-	Brookfield Asset Management, Camber Creek, Tishman Speyer	Lux Capital, RRE Ventures, Primary Venture Partner, Corigin Ventures, Third Prime, Balyasny Asset Management
May 18, 2017	$10M	Series A	-	-	RRE Ventures, Sterling VC, Corigin Ventures, Expansion Venture Capital, Primary Venture Partner, Lux Capital, Third Prime	-

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View details of Latch's funding rounds and investors

The founders of Latch is Luke Schoenfelder.

Here are the details of Latch's key team members:

Luke Schoenfelder: Former Co-Founder of Latch and founder of 2 other companies, Latch and Latch.
Contact Info: 3 email addresses

View details of Latch's Founder profiles and Board Members

Latch's employee count trend

Latch has 266 employees as of May 26. Here is Latch's employee count trend over the years:

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Top competitors of Latch include August, Level and igloohome. Here is the list of Top 10 competitors of Latch, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Latch 2014, New York City (United States), Public	Provider of cloud-based smart locks for residential and commercial places	$153M	RRE Ventures, Summit Partners & 32 others	79/100
2nd	August 2012, San Francisco (United States), Acquired	Provider of a smart lock and access system	$73.1M	Bessemer Venture Partners, AGL & 34 others	76/100
3rd	Level 2010, Redwood City (United States), Acquired	Manufacturer of smart locks and related access control system components	$171M	Walmart, Lennar & 4 others	70/100
4th	igloohome 2015, Singapore (Singapore), Series B	Developer of keyless smart locks for both consumer and commercial applications	$32M	Insignia Ventures Partners, Wavemaker Partners ... & 46 others	68/100
5th	Nuki Home Solutions 2014, Graz (Austria), Public	Manufacturer of cloud-based smart door locks	$25.8M	Cipio Partners, Allegion & 5 others	64/100
6th	Lockin 2014, Haidian (China), Series D	Provider of smart lock & security system	$152M	Baidu, Xiaomi & 19 others	63/100
7th	Kwikset 1946, Middleton (United States), Unfunded	Manufacturer of residential and multifamily door locks and access control systems	-	-	62/100
8th	Yale 1840, Stockholm (Sweden), Acquired	Provider of smart locks	-	-	60/100
9th	Schlage 1920, Carmel (United States), Acquired	Provider of Bluetooth-based smart locks	-	-	59/100
10th	iLOQ 2003, Oulu (Finland), Acquired	Developer of programmable lock & key systems for homes	-	Sandhill, Sievi Capital	58/100