Drafted is a groundbreaking, new software company created by entrepreneur Nick Donahue. It is already making huge strides to transform the home design landscape with its innovative AI-driven platform. The platform instantly creates custom residential floor plans and exteriors templates in a matter of minutes. This revolutionary innovation achieves custom home design that is more accessible and affordable to the masses. Drafted just recently raised $1.65 million in funding, increasing their post-money valuation to $35 million. This funding further establishes Drafted as an industry leader in the construction technology space.
Nick Donahue, whose family has three generations of construction professionals, spent his formative years surrounded by dinner table discussions about how to build homes. His parents operated a bar and restaurant. This experience provided him a unique perspective on the challenges and opportunities within the market. Donahue reflects on boyhood experiences and successful entrepreneurial adventures. Building on that foundation, he seeks to address the challenges of custom home design with Drafted.
The new endeavor has six employees, four of them former members of the Atmos team. This continuity enables Drafted to take full advantage of their expertise while cultivating an inclusive, collaborative environment that’s so necessary for innovation. Since its initial public launch in late July, Drafted has registered nearly 1,000 daily users, showing there’s a clear demand for the kind of service they provide.
Drafted’s AI technology is particularly noteworthy. The software’s underlying parametric model was trained on actual building plans from homes that had successfully navigated permitting pathways. This patented process helps ensure that the designs produced are as creative as they are functional and code-compliant. Running this highly specialized model now has an operating cost of virtually zero. That’s just two-tenths of a penny for every floor plan.
Clients can typically expect to invest $1,000-2,000 on a full design plan via Drafted. This pricing model has positioned the startup as a low-cost solution to conventional home design processes. You can avoid the long-term consultations and big budgets usually required with those alternatives.
One thing investors have noticed is Drafted’s potential for disruption within the industry. Other prominent supporters of the initiative are Stripe’s Bill Clerico and Patrick Collison. Joining them are investors including Jack Altman, Josh Buckley, and pro-basketball player Moses Moody. Their support means more than just financial support — it’s an affirmation of the vision that Drafted represents.
Knowing that Drafted could help contribute to an exciting future for home design, Bill Clerico founded Drafted.
“There’s really no reason in the future why everyone shouldn’t have a totally custom designed home.” – Bill Clerico
Best of all, Drafted hopes to be the first place people go when they want to turn their ideal living space into a reality. By combining a powerful, intuitive technology platform and an easy-to-use online experience, it aims to make personalized home design accessible to everyone.
