Corporate Overview

Latch is an enterprise SaaS provider with a mission to make spaces better places to live, work, and visit.

LatchOS is a full-building operating system of software, products, and services that allows buildings to evolve to meet the demands of residents, tenants, staff, and visitors, both today and in the future.

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Cumulative Booked Home Units

305k

2020 Bookings

$165M

App Engagement

4.6x per day

Software Margin

92%*

Customer Churn

LTV / CAC

6.8x

All metrics as of FY 2020

*FY 2020 Software Margin of 92% can be calculated by dividing FY 2020 Software Revenue (the nearest GAAP metric) of $3.8m by the difference of FY 2020 Software Revenue of $3.8m and FY 2020 Software cost of goods sold of $0.3M

Introduction to Latch.

Newsroom

June 7, 2021

Latch Completes Business Combination with TS Innovation Acquisitions Corp. to Become Publicly-Traded Company

PropTech leader behind full-building enterprise SaaS platform LatchOS will begin trading on NASDAQ today. Latch will report first quarter 2021 financial results on June 9th.

June 9, 2021

Latch Reports First Quarter 2021 Financial Results

Latch had a strong start to the year, highlighted by a sharp acceleration in Total Bookings and revenue growth as well as a significant increase in attach rates of non-access LatchOS software modules.