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.

Register To Buy and Sell Private Company Shares

For more details on financing and valuation of private companies similar to Latch before its SPAC, register or login today.

Please provide a valid email address.

By registering, you agree to Forge’s Terms of Use. Already registered? Log in

Latch Stock Price

Forge Price 1
Price no longer 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

plusminus

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.
plusminus

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.
plusminus

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.
plusminus

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.
plusminus

Is Latch a public company?

Latch is now a public company traded on NASDAQ with ticker LTCH.
plusminus

What is Latch’s stock price?

The stock price of Latch is $0.8238 as of 8/9/23.
plusminus

What is Latch’s stock ticker symbol?

The ticker symbol of Latch is LTCH.
plusminus

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’s News and Media Highlights

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…
Updated on: Nov 22, 2024

PLEASE READ THESE IMPORTANT LEGAL NOTICES & DISCLOSURES

1. Forge Price™ is a custom data-point calculated and disseminated by Forge Data LLC (“Forge Data”) and is a mark of Forge Data. Forge Price may rely on a very limited number of inputs in its calculation. Forge Price is prepared and disseminated solely for informational purposes. Redistribution is permitted solely with Forge’s written consent. While Forge has obtained information from sources it believes to be reliable, Forge does not perform an audit or undertake any duty of due diligence or independent verification of any information it receives. Forge does not guarantee the accuracy, completeness, timeliness, or availability of Forge Price, and are not responsible for any errors or omissions, regardless of the cause, or any results obtained from the use of Forge Price. Forge Price is derived from secondary activity on the Forge platform and other private market trading platforms, and other publicly-available datapoints collected by Forge.  Forge Price is not intended to, and does not necessarily, represent the market price of any securities (I.e., the price at which you could buy or sell such securities). Neither reference to company names, nor calculation of Forge Price for a specific company, implies any affiliation between Forge and that company, any endorsement or sponsorship by Forge of any company or vice versa, or any partnership, joint venture or other commercial relationship between Forge and any company. Rights with respect to any company marks referred to herein are owned by the company.

2. The Last Closed Trade price displayed reflects the price at which the last trade in this company's security occurred on Forge, and can include secondary trades in any class of the company's security, or trades in units of funds holding the company's securities (the economics of which differ versus direct company ownership). The date displayed reflects the date on which the last trade in this company's security closed on Forge. This may be several weeks after the terms of the trade were agreed upon between the buyer and seller. In case of multiple trades closed on the same date, the price displayed is of either (i) the trade which terms were agreed upon most recently; or (ii) the trade with the higher notional value.

‘Stock Price’ or other private company metrics (‘PC Data’) may rely on a very limited number of trade and/or IOI inputs in their calculation. PC Data is prepared and disseminated solely for informational purposes. While Forge has obtained information from sources it believes to be reliable, Forge does not perform an audit or undertake any duty of due diligence or independent verification of any information it receives. Forge does not guarantee the accuracy, completeness, timeliness, or availability of PC Data, and are not responsible for any errors or omissions, regardless of the cause, or any results obtained from the use of PC Data. PC Data is derived from the performance and pricing of secondary activity on the Forge platform and other private market trading platforms. PC Data is not intended to, and does not necessarily, represent the market price of any securities (I.e., the price at which you could buy or sell such securities). Reference to company names does not imply any affiliation between Forge and that company, any endorsement or sponsorship by Forge of any company or vice versa, or any partnership, joint venture or other commercial relationship between Forge and any company. Rights with respect to any company marks referred to herein are owned by the company.

Public news articles listed on this page have been curated by Forge based on several factors including, but not limited to, product updates, changes in organization structure, funding rounds, third-party valuations, and key personnel changes. Changes to this list of articles can be made at any time without notice and should not be relied upon for investment purposes. Forge does not verify the accuracy of the information contained in public news articles.

Investing in private company securities is not suitable for all investors, is highly speculative, is high risk, and investors should be prepared to withstand a total loss of their investment. Private company securities are highly illiquid and there is no guarantee that a market will develop for such securities. Each investment carries its own risks, and investors should conduct their own due diligence regarding the investment, including obtaining independent professional advice. Past performance is not indicative of future results. This is not a recommendation, offer, solicitation of an offer, or advice to buy or sell securities by Forge, nor an offer of brokerage services in any jurisdiction where Forge is not permitted to offer brokerage services. Brokerage products and services are offered by Forge Securities LLC, a registered broker-dealer and member FINRA/SIPC. Please see other important disclaimers, disclosures and restrictions you acknowledge by using this website and to which you are subject.