Ring's former CEO is rebranding Latch to Door.com (1.Viewing)

Latch, the commercial access company run by the founder of Ring, is expanding beyond smart locks. The company announced today that it’s rebranding to Door.com with the goal of offering an overarching platform that gives independent service workers, like drivers, housekeepers, and dog walkers, a platform to grow their businesses.

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In a Form 8-K SEC filing from Latch, Inc. on September 18, 2023, the acquisition price of the domain name was revealed – $1,400,000 via 24 month payment plan. Latch made an initial payment of $763,000 and will be paying 24 monthly installments of $29,167. Here’s an excerpt from the SEC filing with those details:

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