53%
Odds it works through 2029Last checked: October 14, 2026.
Latch makes smart locks and access systems mostly found in apartment buildings. The company was delisted from Nasdaq in 2023 after falling behind on its financial reports, cut most of its staff, and rebranded as DOOR in 2025.
CompanyLatch, Inc., operating as DOOR since August 2025
Who uses itMostly renters in buildings where the landlord installed Latch
Past problemsDelisted from Nasdaq in 2023, cut 59% of its staff and moved its headquarters to St. Louis
Needs the cloud?Partly. Locks open with a code or Bluetooth, but management runs through Latch’s cloud
How long devices get supportYour building manager controls the system. DOOR has not given support dates for older Latch locks.
Why 53%
- Starting point55%A brand in serious trouble.
- Track record0No Latch locks have been switched off.
- Works without the cloud−2Building management runs through Latch’s cloud.
- Our estimate53%
The good news: Latch is still operating, filing reports and selling under the new DOOR name, and its locks keep working at the door with codes and Bluetooth.
The bad news: The company nearly collapsed in 2023, with missed financial reports, a stock delisting and deep staff cuts. If it failed, buildings would have to replace their systems.
If you own Latch
- If you rent, ask your building what the backup plan is if the system fails.
- Keep the physical key or backup method your building provides.