# Latchable

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/latchable

- Industry: Electronics
- Headquarters: New York, US
- Website: www.latch.com
- Total disclosed funding: $160M
- Latest round: Series B (Jun 1, 2019)
- Investors on record: 22

## About

Founded in 2014 and based in New York, US, Latchable, Inc. operates as a developer of a keyless security system designed as seamless access for modernized buildings such as hotels, condominiums, and apartments. As of 2019, the company serves in 35 states, and in January 2021, the company agreed to merge with TS Innovation Acquisitions Corp. for USD 510 million.

The company manufactures and offers smart lock access systems for modernized buildings such as Hotels, Condominiums, and Apartments. The smart lock system accessible only by the owner by using a smartphone, door code, or keycard that connected to the door itself.

The revenue is generated from producing and selling smart lock doors.

The company's growth planned to accelerate its products and form an actual future strategy.

## Funding rounds

- Series B, Jun 1, 2019, $66M — RRE Ventures, Primary Venture Partners, Tishman Speyer, Lux Capital, RXR, Camber Creek, Third Prime Capital, Tekfen Ventures, Avenir Growth Capital, Brookfield Ventures, CEAS Investments
- Series B, Apr 25, 2019 — MetaProp
- Series B, Aug 22, 2018, $70M — RRE Ventures, Primary Venture Partners, Tishman Speyer, Lux Capital, Alpaca, Camber Creek, Third Prime Capital, Brookfield Ventures, BAM Elevate
- Series A, May 10, 2017, $10M — RRE Ventures, Primary Venture Partners, Lux Capital, Expansion Venture Capital, Alpaca, Third Prime Capital, Sterling.VC, Rudin Ventures
- Series A, Jan 19, 2016, $8.1M — Primary Venture Partners, Lux Capital, Techstars, Expansion Venture Capital, R/GA Ventures, Alpaca, Camber Creek, PCH Engineering A/S, Third Prime Capital, Sterling.VC, LeFrak
- Seed, Jun 15, 2015 — Hammerstone Capital
- Seed, Apr 29, 2015, $5.5M — Primary Venture Partners, Techstars, R/GA Ventures, Alpaca, Camber Creek, Third Prime Capital, CEAS Investments
- Seed, Jul 14, 2014, $0.8M — Techstars, R/GA Ventures

## Investors

- Techstars (https://capitalatlas.ai/funds/techstars) — Seed, Series A
- R/GA Ventures (https://capitalatlas.ai/funds/r-ga-ventures) — Seed, Series A
- Primary Venture Partners (https://capitalatlas.ai/funds/primary-venture-partners) — Seed, Series A, Series B
- Alpaca (https://capitalatlas.ai/funds/alpaca) — Seed, Series A, Series B
- Camber Creek (https://capitalatlas.ai/funds/camber-creek) — Seed, Series A, Series B
- Third Prime Capital (https://capitalatlas.ai/funds/third-prime-capital) — Seed, Series A, Series B
- CEAS Investments — Seed, Series B
- Hammerstone Capital (https://capitalatlas.ai/funds/hammerstone-capital) — Seed
- Lux Capital (https://capitalatlas.ai/funds/lux-capital) — Series A, Series B
- Expansion Venture Capital (https://capitalatlas.ai/funds/expansion-venture-capital) — Series A
- PCH Engineering A/S — Series A
- Sterling.VC (https://capitalatlas.ai/funds/sterling-vc) — Series A
- LeFrak (https://capitalatlas.ai/funds/lefrak) — Series A
- RRE Ventures (https://capitalatlas.ai/funds/rre-ventures) — Series A, Series B
- Rudin Ventures — Series A
- Tishman Speyer (https://capitalatlas.ai/funds/tishman-speyer) — Series B
- Brookfield Ventures (https://capitalatlas.ai/funds/brookfield-ventures) — Series B
- BAM Elevate (https://capitalatlas.ai/funds/bam-elevate) — Series B
- MetaProp (https://capitalatlas.ai/funds/metaprop) — Series B
- RXR (https://capitalatlas.ai/funds/rxr) — Series B
- Tekfen Ventures (https://capitalatlas.ai/funds/tekfen-ventures) — Series B
- Avenir Growth Capital (https://capitalatlas.ai/funds/avenir-growth-capital) — Series B