This founder just landed funding for a second go at the same problem: affordable custom home design [TechCrunch]
Alphabet Inc. - Class C Capital Stock (GOOG)
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Source: TechCrunch
His dad built homes for major developers, and his mom sold to big-box builders across the East Coast. Donahue was particularly interested in why designing a custom home cost a fortune and took forever, and why most people had to settle for whatever the developers were offering that year. So when he dropped out of NC State and moved to the Bay Area, he eventually did what you might expect a college drop-out to do in San Francisco: he started a company to fix it. That effort, Atmos, went through Y Combinator, raised $20 million from investors like Khosla Ventures and Sam Altman, and tried to use tech to streamline the custom home design process. It had designers on staff who worked with clients while software handled the back-end. It grew to 40 people and $7 million in revenue, and they designed $200 million worth of houses, and built 50. All that sounds great until you hear Donahue describe it. “It became this extremely operational business,” he told me on a Zoom call last week.
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