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.
Cumulative Booked Home Units
4.6x per day
LTV / CAC
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
Latch continues to see powerful demand for our products that drove a sharp acceleration in Total Bookings and revenue growth in the first half of the year.
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.
Latch Named One of America's Best Startup Employers