Latch (NASDAQ:LTCH) Inc. is a technology company that specializes in smart access and building management solutions for multi-family residential and commercial properties. The company’s offering combines wireless door hardware with a cloud-based software platform (LatchOS) and a mobile application to provide keyless entry, visitor management, package delivery coordination and remote operational controls. Latch’s ecosystem integrates with third-party building systems—such as elevators, intercoms and security cameras—to streamline workflows for property managers and enhance the daily experience for tenants.
Founded in 2014 by Luke Schoenfelder and a team of engineers out of Cornell Tech in New York City, Latch began by addressing the need for more secure and convenient access in urban dwellings. The company has since broadened its hardware lineup to include interior door locks, lobby controllers and package lockers, all managed through a single dashboard. In July 2021, Latch completed a business combination with TS Innovation Acquisition Corp. to become a publicly traded company, reinforcing its ability to invest in research and development and expand commercial partnerships.
Latch primarily serves property developers, building owners and facility managers throughout the United States, with deployments in major metropolitan markets such as New York City, Los Angeles, San Francisco and Chicago. The company collaborates with leading real estate developers, architects and general contractors to integrate its systems in both newly constructed buildings and retrofit projects. Its scalable architecture supports boutique residential communities as well as large-scale commercial campuses, offering custom configurations to meet diverse operational requirements.
Under the leadership of co-founder and CEO Luke Schoenfelder, Latch has focused on driving product innovation and growing its footprint through strategic alliances with hardware manufacturers and software vendors. The company continues to refine user experiences for residents and building teams alike, while pursuing advancements in data analytics and access automation to redefine how people interact with the spaces they occupy and operate.
