Latch vs SwitchBot

SPAC-listed smart-lock maker that survived an accounting scandal, rebranded to DOOR in 2025, and refocused entirely on B2B multifamily access — exiting the consumer smart home.

Makes retrofit smart-home gadgets — finger-press 'bots', locks, hubs, and motorized blinds — under a Shenzhen parent that is now publicly listed and pushing into home robots.