Luke Schoenfelder and his Latch co-founders had a great idea: One key to open every door.

A digital key, of course. One that can be changed every time you leave, or programmed to let in the dog sitter at a particular time.

Camber Creek met with the Latch team in 2014 and recognized the beauty of their vision right away. We made our first investment in May 2015 and made several vital introductions so Latch OS could get to market quickly.

One thing was obvious in the first pitch: Luke and his team had extreme clarity as to what the future would look like.

Thanks in part to Camber Creek, the future is coming fast. Latch has become the leader in digital access control for multifamily real estate. The platform is now used in one out of 10 new multifamily developments in the U.S.

“We were attracted to Camber Creek,” Luke says, “because of their stellar reputation and their amazing network of real estate owners and operators.”

Other products are in the pipeline, including retrofits for older buildings.

Latch went public in June of 2021.

The Company has introduced new products such as the Latch Intercom, variations on its lock product and a comprehensive suite of integrations. Today, Latch’s access control platform is being deployed in 1 out of every ten new multifamily developments in the United States.

Founded
2013

Camber Creek Invested
Seed 2015
Series A 2016
Series A-1 2017
Series B 2018
Series B-1 2019

Latch Leadership Team
Luke Schoenfelder
Dhruva Rajendra
Thomas Meyerhoffer
Michael Brian Jones

These days, you can do just about anything online—even visit your doctor. So why do you still need to drive across town  just to get someone to notarize a document?

That compelling question spurred co-founders Pat Kinsel and Adam Pase to launch Notarize, a firm that—with the help of Camber Creek—is bringing online document verification to some of the largest companies in the world.

Through Notarize, consumers and businesses can connect with an online notary public 24-7 using a computer, tablet or smartphone.

Of course, achieving scale meant Notarize needed to work with major businesses and other digital products. That’s why Camber Creek:

  • Introduced Notarize to some of the leading real estate groups in the country; six of them soon became customers.
  • Invested in the firm’s Series B round and led the Series C.

“Camber Creek has been an amazing partner for us,” Pat says. “From their presence on our board to helping us land major partnerships with leading real estate groups and corporations like Adobe, they’ve been tremendous.”

What gets measured gets done. What gets measured more quickly and accurately gets done even better.

That’s the simple yet powerful idea behind Measurabl, a SaaS-based firm founded by Matt Ellis to help corporations more easily track everything from diversity hires to energy usage. How did we get involved? Camber Creek had been looking at a number of companies in the ESG space (environmental, social and governance).

The Measurabl platform stood out for its simplicity, ease of use, analytical platform, and robust data capabilities.

With Measurabl, companies can skip tedious, and often manual, spreadsheet tracking. Instead, the platform provides an up-to-date picture of energy usage and other key indicators, plus benchmarks to show how that data compare to national and international standards.

Those are the kind of action-driven numbers that drive real change.

To spur fast growth, Camber Creek worked with Matt and his team on several fronts, including to:

  • Demonstrate the system’s effectiveness.
  • Lead the Series A round.
  • Provide introductions to our network of LPs, who own and manage billions of square feet of office space.
  • Assemble a strong board.

“Camber Creek is the blue-chip investor for real estate technology,” Matt says. “They introduced us to major new customers. After they led our Series A, their network became mine.”

When we first met with Matt, the platform had 2 billion square feet of property on their platform. Now they have over 10 billion square feet across 75 countries.

And that’s just the start. As more organizations realize they can’t tell their whole story without quality ESG data, that number will continue to grow. When it does, Measurabl will be there to track what matters most.

If you’ve ever searched for an apartment, you know it can be a painful experience.

You’ve got to find something that works, then reach the apartment manager and try to make an appointment to see the place—before someone else does.

Some people get so frustrated they give up. Not Funnel co-founder Caren Maio. She set out to solve the problem.

“I moved eight or nine times in 10 years,” Caren says. “After my last move, I felt like there had to be a better way.”

We first met Caren in 2014, remained close and helped guide her and the team as their solution evolved and became Funnel. In 2018, we invested in the platform, which allows a property owner to manage the difficult challenge of end-to-end leasing.

“Camber Creek provided value even before they invested. Then they helped Funnel at every stage of our growth, identifying and recruiting key co-investors and C-suite hires,” says Caren, who now serves as Funnel’s chairwoman.

Camber Creek co-led the Series A round, brought in other investors and multifamily housing operators who helped the platform gain traction. Today, Funnel is a trusted partner of leading multifamily owners and managers across the country.

“They offered resources I wouldn’t have thought to ask for,” Caren says. “Camber Creek is key to where we are today.”

The founders of Bowery Valuation got our attention even before they went to market.

Why? They had the vision, experience and drive to solve one of the costliest delays in real estate financing.

Every day, billions of dollars in real estate deals grind to a halt while lenders wait on appraisals. This includes:

  • hiring an appraiser
  • scheduling a visit
  • waiting days or even weeks for the report

John Meadows, Noah Isaacs, and Cesar Devers, co-founders of Bowery, used a new tech platform to transform the appraisal bottleneck into an efficient process that takes a few hours—not weeks.

We knew this platform could be a game-changer and after meeting John and Noah in 2017, we ran a demo with our network of real estate LPs. They were quick to see the benefits of a software package that generates comps and a thorough appraisal based on input from the appraiser.

Camber Creek took action, leading the seed round, supporting the company with introductions, and serving on the board.

Today, Bowery powers their best-in-class appraisers with cutting-edge software. They’re opening up the appraisal logjam and working with lenders of all sizes—including some of the country’s largest banks.

“Having Camber Creek as a lead investor was transformative for Bowery. Some of their relationships became our earliest, biggest customers,” John says. “They push hard toward big outcomes and continue to be thoughtful partners. It’s made a major impact.”