Latch Stock

latch.comConsumer & Lifestyle / Consumer ElectronicsFounded: 2014Funding to Date: $161.83MM

Latch is a developer of hardware and software for a range of smart building devices, built integrations with Google Nest, Sonos, Honeywell, ecobee, Real Page, UPS, and more.

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Latch Stock Price

Forge Price 1
Price not available
Last Closed Trade 2
Close Date
xx/xx/xx
Last Closed Trade Price
$xx.xx
Last Funding Round (LFR)
Date
xx/xx/xx
Price per Share
$xx.xx

Latch Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
08/01/2019 Series B-2 $9.06MM $xx.xx $407.38MM Avenir, Brookfield Ventures, Camber Creek, Lux Capital, Primary Venture Partners, Rre, Rxr Realty, Third Prime, Tishman Speyer
Price per Share
$xx.xx
Shares Outstanding
2,690,322
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Avenir, Brookfield Ventures, Camber Creek, Lux Capital, Primary Venture Partners, Rre, Rxr Realty, Third Prime, Tishman Speyer
08/01/2019 Series B-1 $67.81MM $xx.xx $407.38MM Avenir, Brookfield Ventures, Camber Creek, Lux Capital, Primary Venture Partners, Rre, Rxr Realty, Third Prime, Tishman Speyer
Price per Share
$xx.xx
Shares Outstanding
18,112,473
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Avenir, Brookfield Ventures, Camber Creek, Lux Capital, Primary Venture Partners, Rre, Rxr Realty, Third Prime, Tishman Speyer
08/23/2018 Series B $58.61MM $xx.xx $258MM 9yards Capital, Avenir, Brookfield Growth Partners, Camber Creek, Lefrak, Lux Capital Management, Primary Venture Partners, Rre Ventures, Rxr Realty, Third Prime Capital Management, Tq Ventures
Price per Share
$xx.xx
Shares Outstanding
18,736,534
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
9yards Capital, Avenir, Brookfield Growth Partners, Camber Creek, Lefrak, Lux Capital Management, Primary Venture Partners, Rre Ventures, Rxr Realty, Third Prime Capital Management, Tq Ventures
05/18/2017 Series A-1 $10MM $xx.xx $50MM Rre Ventures, Third Prime
Price per Share
$xx.xx
Shares Outstanding
8,463,568
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Rre Ventures, Third Prime
03/21/2016 Series A $11.37MM $xx.xx $24.5MM Alpaca Vc, Camber Creek, Expansion Venture Capital, Lux Capital Management, Pch International, Primary Venture Partners, Third Prime
Price per Share
$xx.xx
Shares Outstanding
15,230,564
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Alpaca Vc, Camber Creek, Expansion Venture Capital, Lux Capital Management, Pch International, Primary Venture Partners, Third Prime
05/01/2015 Series Seed $4.98MM $xx.xx $11.2MM Camber Creek, Hammerstone Capital, R/Ga Accelerator, Techstars, Third Prime
Price per Share
$xx.xx
Shares Outstanding
7,970,996
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Camber Creek, Hammerstone Capital, R/Ga Accelerator, Techstars, Third Prime

Leadership & Board

Leadership

Luke Schoenfelder
Co-Founder , Board Member and Chief Executive Officer
Garth Mitchell
Senior Vice President, Finance and Strategy
Ali Hussain
Chief Operating Officer
Peter Weiss
Chief Real Estate Officer and Senior Vice President, Real Estate
Michael Jones
Co-Founder and Chief Technology Officer
Thomas Meyerhoffer
Co-Founder and Chief Design Officer

Board

Raju Rishi
RRE Ventures
Keith Hamlin JD
Third Prime Capital Management
Zack Schildhorn
Lux Capital Management
Luke Schoenfelder

Latch stock FAQs

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Can you buy Latch stock?

You can no longer buy Latch stock on a secondary marketplace as this company is no longer private. If you are interested in buying stock of other private companies, learn more about how to invest in the private market or register today to get started.
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How to buy Latch stock?

You can no longer buy Latch stock on a secondary marketplace as this company is no longer private. If you are interested in buying stock of other private companies, learn more about how to invest in the private market or register today to get started.
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Can you sell Latch stock?

You can no longer sell stock of Latch on Forge as this company is no longer private. However, if you own stock of a private company, Forge may help you sell it in a way that works for you and the company. Learn more or register with us today to get started.
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How to sell Latch stock?

You can no longer sell stock of Latch on Forge as this company is no longer private. However, if you own stock of a private company, Forge may help you sell it in a way that works for you and the company. Learn more or register with us today to get started.
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Is Latch a public company?

Latch is now a public company traded on NASDAQ with ticker LTCH.
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What is Latch’s stock price?

The stock price of Latch is $0.8238 as of 8/9/23.
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What is Latch’s stock ticker symbol?

The ticker symbol of Latch is LTCH.
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Can institutional investors buy and sell private market stocks?

Yes. As one of the largest trading platform for the private market, Forge helps institutional investors seek liquidity as they buy and sell private stock for their portfolios or their clients. Our private market specialists have decades of experience working with institutional firms. Learn more or register today to get started.

Latch News and Media Highlights

Latch raises $70M for its apartment smart lock system – TechCrunch

Latch announced this morning that it has raised $70 million in Series B funding. The round was led by Brookfield Ventures, the investment arm of Brookfield Asset Management. As part of the deal, Brookfield Properties will also be installing Latch systems in its multi-family properties that are curr…
Browse Insights
Updated on: Dec 25, 2024

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