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2024 Revenue

$6.2M

Funding

$0

YOY

54.4%

Team

66

Founded

2019

How Latchel CEO Ethan Lieber grew to $6.2M revenue with a 66 person team in 2024.

24/7 emergency maintenance department for property managers and landlords.

Last updated

Latchel Revenue

In 2024, Latchel's revenue reached $6.2M. The company previously reported $4M in 2023. Since its launch in 2019, Latchel has shown consistent revenue growth.

Latchel Revenue GrowthReported revenue / ARR over time$0$1.5M$3M$4.5M$6M$7.5M201920202021202220232024$0$3.4M$4M$6.2MSource: GetLatka.com
YearMilestoneQuote
2024Latchel Hit $6.2m revenue in October 2024
2023Latchel Hit $4m revenue in October 2023
2021Latchel Hit $3.4m revenue in January 2021
2019Launched with $0 revenue

Latchel Valuation, Funding Rounds

Latchel is a bootstrapped SaaS startup. Founded in 2019, Latchel has grown to $6.2M in revenue without raising any venture capital or outside funding.

As a self-funded SaaS company, Latchel has built its business with no outside investment.

Latchel Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$0.2$0.4$0.4$0.6$0.6$0.8$0.8$1$12019Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Ethan Lieber

CEO

I'm passionate about using technology to create logistical and operational efficiency. Technology companies have avoided the Property Management space because of its complexity, but Latchel focuses on solving Property Management's most difficult problems. Maintenance is the #1 cost driver for property management companies and it is what prevents them from scaling. Latchel uses a full suite of conversational user interface, software automation, and an expert operations team to make property maintenance scalable.

Q&A

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Customers

We do not have customer count information for Latchel yet.

Latchel Employees & Team Size

Latchel employs approximately 66 people as of 2026, down from 88 in 2023.

Latchel Team GrowthReported headcount over time020406080100201920202021202220232024006666Source: GetLatka.com
YearMilestone
2024Reached 66 employees (December 2024)
2024Reached 88 employees (October 2024)
2023Reached 88 employees (October 2023)
2022Reached 89 employees (October 2022)
2021Reached 90 employees (December 2021)
2021Reached 35 employees (January 2021)

Frequently Asked Questions about Latchel

What is Latchel's revenue?

Latchel generates an estimated $6.2M in annual revenue.

Who founded Latchel?

Latchel was founded by Ethan Lieber.

Who is the CEO of Latchel?

The CEO of Latchel is Ethan Lieber.

How much funding does Latchel have?

Latchel is bootstrapped and has not raised outside funding.

How many employees does Latchel have?

Latchel has 66 employees.

Where is Latchel headquarters?

Latchel is headquartered in San Francisco, California, United States.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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