Diligence memo · auto-generated · as of July 2, 2026
Latchel, Inc.
Latchel, Inc. has raised $26M over 4 rounds; too few niche peers to rank its valuation yet.
Businessfiled
Latchel, Inc. operates in SaaS / Software, based in Tacoma, WA, USA; Remote. 24/7 emergency maintenance department for property managers and…
Sub-sector tags: SaaS.
Capital & rounds (filed)filed
Latchel, Inc. has raised $26M in disclosed capital across 4 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $17M on 2021-03-29.
Most recent recorded round closed around 2022-04-12.
Valuation (modeled)modeled
Provath models Latchel, Inc. at approximately $74M (range $10M–$201M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Too few comparable companies in this niche to rank the valuation fairly yet.
Financing rhythm & timingmixed
Historic cadence: a new round about every 11 months.
Last raise 4.2 yr ago; this sector typically re-raises about every 22 months.
Past due for a raise versus sector cadence — watch for distress or a bridge.
The last round was 4.2× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 97% of SaaS / Software peers (381 compared).
Modeled value ranks above 93% of those peers.
Closest niche peers: Thunkable, Inc., HireArt Inc..
Peoplefiled
3 named people on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.