Latch
Full-building operating system of software, products, and services designed to make every building better.
Launch date
Employees
Market cap
€76.1m
Enterprise valuation
€76m (Public information from Sep 2024)
Share price
$0.5 LTCH
Olivette Missouri (HQ)
Financials
Estimates*
| USD | 2019 | 2020 | 2021 | 2023 |
|---|---|---|---|---|
| Revenues | 14.9m | 18.1m | 41.4m | 185m |
| % growth | - | 21 % | 129 % | - |
| EBITDA | (48.1m) | (59.4m) | (135m) | - |
| % EBITDA margin | (323 %) | (329 %) | (327 %) | - |
| Profit | (50.2m) | (66.0m) | (166m) | - |
| % profit margin | (337 %) | (365 %) | (402 %) | - |
| EV / revenue | - | 20.8x | 19.3x | - |
| EV / EBITDA | - | -6.3x | -5.9x | - |
| R&D budget | 18.3m | 25.3m | 45.8m | - |
| R&D % of revenue | 123 % | 140 % | 111 % | - |
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
| N/A | $120k | Seed | |
| N/A | $5.5m | Seed | |
$10.5m | Series A | ||
| N/A | $10.0m | Series A | |
* | $70.0m | Series B | |
| N/A | N/A Valuation: $2.0m | Seed | |
$56.0m | Series B | ||
$300m Valuation: $1.6b 86.4x EV/LTM Revenues -26.3x EV/LTM EBITDA | SPAC IPO | ||
| Total Funding | €138m | ||
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