Apartment management and security may seem like a relatively bland industry -- which is likely why few investors are paying attention to one ambitious company currently shaking up that market. Latch (NASDAQ: LTCH) sells both software and hardware to help apartment building managers let the right people in and keep the wrong ones out. With outstanding products that create lasting partnerships with large apartment makers, Latch has an immense opportunity to disrupt this giant market over the next 20 years.
Latch's product, LatchOS, is reinventing how apartment managers operate their buildings. By combining hardware and software, Latch lets apartment managers operate all of their buildings from one platform.
Latch allows renters to let in whomever they need, at any time, from anywhere -- even if they're not at home. Need to let in your dog walker while you're at work? Latch's mobile app can make it happen. Latch also integrates with smart home utilities, so renters can adjust lights, thermostats, and any other smart home devices from their phones, even if those gadgets come from different brands.
For further details see:
How Latch Is Unlocking an Overlooked Market