What is Door.com?
Door.com, formerly known as Latch, operates as a Building Intelligence company headquartered in St. Louis. Its core offering is a streamlined system that combines premium hardware, intuitive software, and automated services. This integrated approach aims to empower property owners, operators, and residents by enabling buildings to anticipate needs, reduce operational overhead, and enhance the living and working experience. The company's focus on 'premium hardware, intuitive software, and automated services' positions it as a key player in smart building technology, addressing the evolving demands for efficiency and resident satisfaction in residential portfolios and purpose-built communities.
How much funding has Door.com raised?
Door.com has raised a total of $3.2M across 3 funding rounds:
Series A
$2.3M
Debt
$883K
Debt
$35K
Series A (2017): $2.3M, investors not publicly disclosed
Debt (2021): $883K led by PPP
Debt (2024): $35K supported by Comerica
Key Investors in Door.com
PPP
Public-Private Partnership
Comerica
Comerica, a financial institution, has provided debt financing to Door.com, likely supporting the company's working capital or expansion efforts.
What's next for Door.com?
With the recent influx of substantial expansion capital, Door.com is strategically positioned for accelerated growth and enhanced market penetration. The company's focus on integrating hardware, software, and automated services suggests a roadmap geared towards further developing its platform's capabilities and expanding its service offerings. This investment will likely fuel initiatives aimed at optimizing building operations, improving resident experiences, and solidifying its competitive advantage in the Building Intelligence sector. Future developments may include broader adoption of its solutions across diverse property types and continued innovation in smart building technology.
See full Door.com company page
