• Tech News
  • Fintech
  • Startup
  • Games
  • Ar & Vr
  • Reviews
  • How To
  • More
    • Mobile Tech
    • Pc & Laptop
    • Security
What's Hot

Trump Officials Slam ICEBlock as It Tops iPhone App Charts

July 4, 2025

Is Your Mac Slowing Down? Here Are 8 Tips to Speed it Up

July 4, 2025

Angry Birds Bounce, Kingdom Rush, and More

July 4, 2025
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Facebook Twitter Instagram Pinterest VKontakte
Behind The ScreenBehind The Screen
  • Tech News
  • Fintech
  • Startup
  • Games
  • Ar & Vr
  • Reviews
  • How To
  • More
    • Mobile Tech
    • Pc & Laptop
    • Security
Behind The ScreenBehind The Screen
Home»Startup»Security hardware giant Allegion backs Latchel, a platform to manage single-family rental properties – Startup
Startup

Security hardware giant Allegion backs Latchel, a platform to manage single-family rental properties – Startup

March 10, 2023No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Seattle startup making it easier to manage single-family rental properties raises $16.7M – GeekWire
Share
Facebook Twitter LinkedIn Pinterest Email
Latchel co-founders from left to proper: Will Gordon, Ethan Lieber and Jullian Chavez, (Latchel Photograph)

The information: Latchel raised an undisclosed quantity of funding from Allegion Ventures, the company enterprise arm of the publicly-traded safety tools producer.

The product: The Seattle-area startup sells software program to landlords and property administration companies, letting customers facilitate tenant requests, bill service suppliers and supply renters insurance coverage. Latchel principally targets long-term single-family rental properties, serving greater than 100,000 rental items nationwide.

“Latchel continues to push companies into the multifamily market, and Allegion Ventures’ information of constructing entry within the house is extremely beneficial to our staff as we work to make a giant distinction for property managers seeking to function on the subsequent stage,” Latchel co-founder and CEO Ethan Lieber stated in an announcement.

The tailwinds: Demand for Latchel has grown in recent times as non-public fairness and Wall Road companies have purchased up massive portions of single-family rental properties. The institutional traders depend on third-party property administration companies as a platform to facilitate their companies.

The investor: Allegion sells safety tech for doorways, resembling locks and knobs, in addition to software program that interacts with these merchandise. The agency’s 5-year-old enterprise arm launched a $100 million fund in 2021, saying on the time that it might write checks within the vary of $500,000 to $10 million. Allegion Ventures’ most up-to-date funding was within the self storage startup Stuf, which closed a $11 million spherical in February. Phrases of the Latchel deal weren’t disclosed.

“We’ve frequent floor in our need to leverage know-how to supply higher options and bridge bodily and digital experiences,” Allegion Ventures Principal John Goodwin stated in an announcement.

See also  Bowery Farms, web3 startup Yat, and Stripe’s internal valuation – DailyTech

The founders: Latchel was co-founded in 2016 by Lieber, COO Will Gordon, and Engineering Lead Jullian Chavez. Earlier than Latchel, Lieber was director of product at One Planet Ops, creator of internet sites together with Contractors.com and HomeGain. Gordon labored at Amazon as a supervisor on supply groups, whereas Chavez has constructed cell and net apps, together with Picmonic.

The corporate is formally headquartered in Tacoma, Wash., although its “middle of gravity” is in Seattle, in line with Gordon.

The backers: The startup’s final financing got here in July, when it raised $16.7 million in a spherical led by F-Prime Capital. Different backers embody Y Combinator, RiverPark Ventures, MetaProp, Bain Capital Ventures, 1984 Ventures, and Hack VC, amongst others.



Source link

Allegion backs giant hardware Latchel Manage platform properties rental security singlefamily Startup
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

I’ve tried the Honor Magic V5 – folding phone hardware doesn’t get any better

July 2, 2025

Should We Expect New Hardware at Monday’s WWDC25 Keynote?

June 4, 2025

Apple Emphasizes App Store Security as Legal Pressures Rise

May 28, 2025

iOS 18.5 Brings First Security Update for Apple’s C1 Modem

May 14, 2025
Add A Comment

Comments are closed.

Editors Picks

Cyberpunk 2077 PS5 and Xbox Series X|S reveal expected tomorrow

February 14, 2022

4 Ways To Get Your Marketing And Sales Teams On The Same Page

October 31, 2022

Wi-Fi 6E Is Coming to the iPhone 15 Pro

July 25, 2023

Sunstar GUM Playbrush review

August 14, 2023

Subscribe to Updates

Get the latest news and Updates from Behind The Scene about Tech, Startup and more.

Top Post

Trump Officials Slam ICEBlock as It Tops iPhone App Charts

Is Your Mac Slowing Down? Here Are 8 Tips to Speed it Up

Angry Birds Bounce, Kingdom Rush, and More

Behind The Screen
Facebook Twitter Instagram Pinterest Vimeo YouTube
  • Contact
  • Privacy Policy
  • Terms & Conditions
© 2025 behindthescreen.fr - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.