Latch Announces New Simplified Subscription Bundles
With three tiers starting at
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Latch announced a new, simplified pricing structure to enable a variety of building owners to select the best option for partnering with Latch to meet the needs of their tenants and building operators. (Photo: Business Wire)
The new bundles include three tiers based on property type and service level, starting with an entry-level offering that enables common area-only access for an enhanced tenant experience, all the way to an enterprise bundle providing a full-building solution. New a la carte options are also available for property owners looking to customize or create a bespoke experience based on their priorities and preferred resident experience.
“I’m excited by Latch's announcement of these new, simplified bundles that should make it easier for customers to deliver the best resident experience by being a Latch-enabled property,” said
New Latch Bundles
$3.00per space per month): An affordable base-building and common area smart access solution with basic property management capabilities.
$7.50per space per month): A full-building smart access and property management solution with robust data, insights, and analytics.
$12.50per space per month): The complete full-building Latch ecosystem solution with integrations, SDKs, and premium success and support.
Latch makes spaces better places to live, work, and visit through a system of software, devices, and services. For more information, please visit www.latch.com.
This release contains certain forward-looking statements within the meaning of the federal securities laws with respect to Latch and/or Honest Day’s Work, which is expected to merge with Latch in the third quarter of 2023 (the “Merger”). These forward-looking statements generally are identified by the words "believe," "project," "expect," "anticipate," "estimate," "intend," "strategy," "future," "opportunity," "plan," "may," "should," "would," "will continue," "will likely result," and similar expressions. Forward-looking statements are predictions, projections, and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Forward-looking information includes, but is not limited to, statements regarding: Latch’s and Honest Day’s Work’s future products, pricing, financial performance, strategies, and operations, and the related benefits to stockholders, customers, and residents; expected growth of demand for Latch’s and Honest Day’s Work’s future products and their adoption by customers; Latch and Honest Day’s Work industry positions; the ability of Latch to successfully integrate Honest Day’s Work post-acquisition and realize the benefits of such acquisition, including the expected performance of the combined company’s management team; and the transition in Latch’s CEO position. Many factors could cause actual future events to differ materially from the forward-looking statements in this document, including: (i) whether the Merger is completed in a timely manner or at all; (ii) the risk that the Merger may involve unexpected costs or liabilities; (iii) the effect of the announcement or completion of the Merger on Latch’s and Honest Day’s Work’s operations and relationships with customers, suppliers, and personnel; (iv) the outcome of legal proceedings, if any, related to the Merger; (v) Latch’s ability to implement business plans; (vi) changes and developments in the industry in which Latch competes; (vii) Latch’s ability to regain and maintain compliance with the listing standards of