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Latch
Latch

Latch

Latch: An AI-powered platform streamlining contract negotiations for legal teams.

San Francisco, CA, US🇺🇸
Founded
2021
Overview
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Fundraising
Employees
Library

Founded with the mission to streamline contract negotiations for legal teams, Latch offers an AI-powered platform designed to reduce the time, effort, and cost associated with legal agreements. The company's vision is to revolutionize legal workflows through intelligent automation, making legal processes more efficient and less burdensome. Latch's core products include intelligent redline recommendations and AI-generated issues lists, which help legal teams manage internal communications and surface open risks dynamically.

Latch has garnered attention from notable investors in the tech and legal sectors, contributing to its rapid growth and innovation. The platform's key achievements include significant reductions in contract negotiation times and enhanced accuracy in legal document reviews, positioning it as a valuable tool for legal professionals. Overall, Latch's impact lies in its ability to transform traditional legal practices through advanced AI technology, driving efficiency and effectiveness in legal operations.

Latch - Similar Companies

LegalSifter logo

LegalSifter

legalsifter.com

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IntelAgree logo

IntelAgree

intelagree.com

LinkSquares logo

LinkSquares

linksquares.com

DraftWise logo

DraftWise

draftwise.com

LexCheck logo

LexCheck

lexcheck.com

Docsum logo

Docsum

docsum.ai

Advocat logo

Advocat

advocat.ai

SimpliContract logo

SimpliContract

simplicontract.com

Lawgeex logo

Lawgeex

lawgeex.com

Letryx logo

Letryx

Streamline AI logo

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streamline.ai

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BlackBoiler

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Concord logo

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Latch - Quick Facts

Who are Latch's competitors?

Companies similar to Latch include LegalSifter, The Contract Network, IntelAgree and LinkSquares.

When was Latch founded?

Latch was founded in 2021.

Where is Latch's headquarters located?

Latch's headquarters is located in San Francisco, CA, US.

When was Latch's last funding round?

Latch's most recent funding round was for $6M (USD) in January 2024.

How much has Latch raised to-date?

As of Jan 5, 2024, Latch has raised a total of $7.4M (USD).

How many employees does Latch have?

Latch has 5 employees as of Feb 4, 2024.

Latch - Classification

Ownership
  • Venture Capital
Technology
  • AI
  • Machine Learning
Geographic Exposure
  • Global
Model
  • Platform
Revenue
  • Recurring
  • Software
Customer
  • Enterprise
Main Product
  • Contract Management
Tags
  • LegalTech
  • SaaS
NAICS
  • 540000Professional, Scientific, and Technical Services
  • 541500Computer Systems Design and Related Services
  • 541000Professional, Scientific, and Technical Services
  • 541510Computer Systems Design and Related Services
  • 541511Custom Computer Programming Services
SIC
  • 7300Business Services
  • 7370Computer Programming, Data Processing, And Other Computer Related
  • 7371Computer Programming Services
Show 5 more industry codes
NAICS
  • 513200Software Publishers
  • 510000Information
  • 513000Publishing Industries
  • 513210Software Publishers
SIC
  • 7372Prepackaged Software