Latchel raises $16.7M for maintenance workflow platform

Funding Rounds

Summary

Latchel raised a $16.7 million Series A led by F-Prime Capital and added several existing investors to the round. The company plans to use the capital to speed up product development, expand integrations, and make its maintenance automation platform more customizable. Latchel focuses on maintenance workflow, resident experience, and operational efficiency for property managers. The company also highlighted its resident benefits offering and its scale across more than 100,000 homes in the U.S.

$ Funding

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Amount $2.3M Total raised
Date June 6, 2019 Announcement date
Investors RiverPark Ventures, MetaProp, MetaProp NYC, 1984 Ventures, Bain Capital Ventures, Y Combinator Lead investors
Company https://latchel.com Funded company

Classifications

industries
Hospitality
applications
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AskAI Classifications

Labels
SaaS Property Management Software Workflow Automation

Linked Companies

Latchel
$1M to $5M