- Submission
- Discovery
- Evaluation
- Commercialization
- Scaling
Employee Count
101-250
Website
Founded On
08/01/2019
Funding Status
Round A
Total Funding Amount
$ 152,000M
Funding Rounds
6Rounds
Product Stage
Alpha
Potential BUs Interest
Marketing
Geographical Location
USA
Company Locations/Offices
New York, New York, United States
Contact Person Details
Cameron Carver
nunc.id@a.net
1-482-423-2423
Source Of Contact
Accenture FinTech lab
Status
Early Stage Venture
Categorisation
Apps, Hardware, Security, Smart Home, Software
Country Tag
France
Maturity
IPO
Additional resources / links / articles
Latch makes access easier for everyone at a modern building. The company specializes in manufacturing keyless entry security system giving property owners the ability to manage every door in a multi-family building. Moreover, residents can also give access to guests as well as service providers through time-limited access codes. Latch is headquartered in New York, New York, United States.
Meeting date
30/10/2015
Meeting Summary
While passwords are clearly not ideal, biometric solutions definitely aren't suitable to replace them. Every biometric authentication method to date has been fairly easily spoofed. These should only be used to supplement other authentication methods (e.g. as part of 2FA), not replace them.
Solution Assessment
Your idea is very good and in fact we thought it because it would also facilitate us life. We had a very important transition inthe Last few years. During this transfer we have not materialized everything we wanted and s-priority is given to the reliability of the payroll and the documents they produce.
Annual Recurring Revenue
k$ 228,000
Gross Margin
k$ 342,000
User Base
10 k Users
Internal Evaluation
Even if Chinese outflows underperform and Europe ceases to attract as big a share, an annual average of $20-30 billion would be expected for the coming decade
Forecasted Impact
k$ 684,000
PoC Due Date
15/07/2018
Initial Release date
18/08/2018
Commercial Intent
Merge
Implementation Efforts (man/days)
500 man/days
Implementation Cost
k$ 100
M&A Completion Progress
40 %
Actual Impact
k$ 752,400
Owner
Product Manager
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