About DOOR
DOOR is a company based in New York (United States) founded in 2014. It operates as a SaaS (Software-as-a-Service), and Product-as-a-Service. DOOR has raised $158.55 million across 7 funding rounds from investors including RXR, Tishman Speyer and Brookfield Asset Management. DOOR has completed 2 acquisitions, including Honest Days Work and TBC Real Estate. DOOR offers products and services including DOOR OS, C2 Smart Lock, R2 Smart Reader, and Thermostat Hub. DOOR operates in a competitive market with competitors including Assa Abloy, Level, igloohome, Gate Labs and Lockin, among others.
- Headquarter New York, United States
- Stage Minicorn
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Sectors
Industrial Goods & ManufacturingTechnology
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Email
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Phone
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Website
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Social
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- Legal Name Latch, Inc.
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Annual Revenue
$56.63 M25.95as on Dec 31, 2024
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Net Profit
$-57.6 M46.44as on Dec 31, 2024
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EBITDA
$-47.78 M50.51as on Dec 31, 2024
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Total Equity Funding
$158.55 M (USD)
in 7 rounds
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Latest Funding Round
$56 M (USD), Series B
Aug 01, 2019
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Investors
RXR
& 13 more
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Employee Count
Employee Count
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Investments & Acquisitions
Honest Days Work
& 1 more
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IPO & Listings of DOOR
DOOR is a publicly listed company on the OTC with ticker symbol LTCH in USA, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of DOOR
DOOR offers a comprehensive portfolio of products and services, including DOOR OS, C2 Smart Lock, R2 Smart Reader, and Thermostat Hub. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Enterprise management platform for streamlined property operations.
Smart lock designed for secure residential access control.
Device enabling smart access for building entry points.
Central control for smart home temperature management systems.
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Funding Insights of DOOR
DOOR has successfully raised a total of $158.55M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $56 million completed in August 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 7
- Last Round Series B — $56.0M
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First Round
First Round
(14 Jul 2014)
- Investors Count 14
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2019 | Amount | Series B - DOOR | Valuation | Avenir Growth Capital | |
| Aug, 2018 | Amount | Series B - DOOR | Valuation | Brookfield Asset Management , Camber Creek | |
| May, 2017 | Amount | Series A - DOOR | Valuation | RRE Ventures , Sterling VC |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in DOOR
DOOR has secured backing from 14 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include RXR, Tishman Speyer and Brookfield Asset Management. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Growth equity investments are made by the private equity firm.
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Founded Year | Domain | Location | |
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Focus is placed on real estate and renewable energy investments.
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Founded Year | Domain | Location | |
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Seed and early-stage technology companies are funded by Lux Capital.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by DOOR
DOOR has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Honest Days Work and TBC Real Estate. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of workforce management services
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2021 | ||||
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Real estate investments are facilitated through an online platform.
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2011 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - DOOR
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Door Comparisons
Competitors of DOOR
DOOR operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Assa Abloy, Level, igloohome, Gate Labs and Lockin, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of cloud-based access control systems
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| domain | founded_year | HQ Location |
Smart locks are designed and sold by Level.
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| domain | founded_year | HQ Location |
Keyless smart locks are developed for consumer and commercial applications.
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| domain | founded_year | HQ Location |
Camera-equipped smart locks are developed for home entry.
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| domain | founded_year | HQ Location |
Smart lock and security systems are installed and provided.
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| domain | founded_year | HQ Location |
Cloud-based smart door locks are manufactured for remote access.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Door
Frequently Asked Questions about DOOR
When was DOOR founded?
DOOR was founded in 2014.
Where is DOOR located?
DOOR is headquartered in New York, United States. It is registered at New York, New York, United States.
Is DOOR a funded company?
DOOR is a funded company, having raised a total of $158.55M across 7 funding rounds to date. The company's 1st funding round was a Series A of $10M, raised on Jul 14, 2014.
What is the annual revenue of DOOR?
Annual revenue of DOOR is $56.63M as on Dec 31, 2024.
What does DOOR do?
Smart building technologies are developed by DOOR, focusing on access control, automation, and building intelligence for multifamily properties. Solutions are offered to simplify operations, reduce costs, and enhance resident experiences through integrated hardware and software. Sectors served include residential real estate, with an emphasis on operational efficiency and security. Seamless integration with property management systems is ensured, supporting both new constructions and retrofits. Portfolio-wide management is enabled, addressing needs for revenue uplift and asset protection.
Who are the top competitors of DOOR?
DOOR's top competitors include igloohome, Assa Abloy and Level.
What products or services does DOOR offer?
DOOR offers DOOR OS, C2 Smart Lock, R2 Smart Reader, and Thermostat Hub.
Is DOOR publicly traded?
Yes, DOOR is publicly traded on OTC under the ticker symbol LTCH.
How many acquisitions has DOOR made?
DOOR has made 2 acquisitions, including Honest Days Work, and TBC Real Estate.
Who are DOOR's investors?
DOOR has 14 investors. Key investors include RXR, Tishman Speyer, Brookfield Asset Management, Avenir, and Lux Capital.
What is DOOR's ticker symbol?
The ticker symbol of DOOR is LTCH on OTC.
What is DOOR's valuation?
The valuation of DOOR is $250M as of Aug 2018.