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Nick Donahue

Nick Donahue (Nicholas Donahue) is an entrepreneur who co-founded Atmos, an online custom home design and building company, and is the founder and CEO of Drafted, a startup that uses generative AI to design residential floor plans.

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Key facts

Co-Founding Atmos and Joining Y Combinator

He attended North Carolina State University and later dropped out to start a company in the San Francisco Bay Area. In 2019, he co-founded Atmos with Trent Hedge, Matthew Rastovac and Austin Kahn; the company offered the custom homebuilding process online and took part in Y Combinator’s Summer 2020 batch.⁠[1][2][3]

Closing Atmos and Founding Drafted

After the Federal Reserve raised interest rates, Atmos’s clients struggled to afford their homes, and he shut the company down in 2025; that same year he founded Drafted to build AI software that generates residential floor plans and exterior designs within minutes.⁠[2][4]

Drafted Raises $1.65 Million

In December 2025, TechCrunch reported that Drafted had raised $1.65 million at a $35 million post-money valuation, led by Bill Clerico of Convective Capital, with participation from Patrick CollisonPatrick CollisonPatrick Collison is an entrepreneur who grew up in Ireland. In 2010 he cofounded the payments and financial infrastructure company Stripe with his brother John Collison and serves as its chief executive; he is also a cofounder of the biomedical research organization Arc Institute and has been a director of Meta since 2025.Open the full entry, Jack Altman, Josh Buckley and Moses Moody, among others; Drafted describes the round as its pre-seed.⁠[2][5]

Drafted Announces a $16 Million Round

Drafted joined Y Combinator’s Spring 2026 batch and in May 2026 announced a $16 million funding round; according to a repost of a Business InsiderBusiness InsiderBusiness Insider is a digital business-news organization.Open the full entry report, investors included Buckley Ventures, Y Combinator, Ben Silbermann and Ryan Tedder.⁠[4][5][6]

In the report, he said he aims to let people shape a home as easily as they shape software.⁠[6]

As of October 2026: CEO of Drafted

As of October 2026, he is CEO of San Francisco–based Drafted, which Y Combinator lists as having a team of nine and which develops multimodal generative models for residential architecture and spatial design.⁠[1][4]

Related Organizations, Websites, and Public Accounts

Sources

  1. Nicholas Donahue (opens in a new window)
  2. This founder just landed funding for a second go at the same problem: affordable custom home design (opens in a new window)
  3. Atmos (opens in a new window)
  4. Drafted: Multimodal generative models for residential architecture (opens in a new window)
  5. News & stories (opens in a new window)
  6. An AI startup raised $16 million to make designing a home feel more like vibe coding (opens in a new window)