# Atmos

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/atmos

- Industry: Construction
- Headquarters: San Francisco, US
- Website: www.buildatmos.com
- Total disclosed funding: $19M
- Latest round: Series A (Nov 16, 2022)
- Investors on record: 12

## About

Atmos, Inc. is a specialized design-build company that focuses on delivering custom residential homes tailored to individual client needs, primarily in the Charlotte and Raleigh markets of North Carolina.Founded in 2018 and headquartered in San Francisco, US, Atmos, Inc. operates in the custom residential home design-build sector. The company was co-founded by Alain Maubert, Nicholas Donahue, Nidhi Dangayach, and Pratham Patel. In November 2022, Atmos secured USD 12.5 mn in SERIES A funding, led by Khosla Ventures with participation from multiple returning investors, including Bedrock Capital and JLL Spark, among others, raising its total funding to USD 12.5 mn and achieving a current valuation of USD 81.863 mn.Atmos specializes in the custom design-build process for residential homes, focusing on the Charlotte and Raleigh markets in North Carolina. Their core offerings encompass comprehensive services such as land due diligence, floor plan design, site planning, obtaining HOA approvals, and selection of vetted builders. By leveraging in-house lot technology and expertise, Atmos assesses specific lot features—such as slope and utility placements—to provide tailored advice on home placement and site design, aligning with the client’s budget and objectives. Their customer base includes individual homebuyers seeking unique, personalized home designs that cater to a variety of lifestyles, from eco-friendly options to luxurious multi-level residences.Atmos generates revenue through a fee-based model, charging a comprehensive 6% fee for their full suite of pre-construction and project management services. Clients typically engage Atmos for their expertise in managing various aspects of the homebuilding process—from initial design and permitting to builder selection and construction oversight. This transaction structure involves direct-to-consumer relationships, ensuring clients receive detailed proposals and bids from vetted builders, thereby providing a seamless experience for homebuyers looking to realize their custom home vision.Following the recent SERIES A funding round in November 2022, Atmos, Inc. plans to utilize the USD 12.5 mn raised to enhance their service offerings and expand their geographic footprint. The company is actively designing new products aimed at increasing efficiency in the design-build process and is targeting expansion into additional markets across North Carolina by late 2023. The recent funding will support these initiatives, allowing Atmos to scale operations and improve their technology solutions.

## Funding rounds

- Series A, Nov 16, 2022, $13M — Bain Capital, Khosla Ventures, Y Combinator, Figma, Inc., Duke Angel Network, Bedrock, JLL Spark, Openai Startup Fund Management
- Seed, Oct 29, 2020, $4M — Khosla Ventures, Y Combinator, Soma Capital Management, JLL Spark
- Seed, Jun 25, 2020, $2M — Pioneers Holding, AngelList Holdings, LLC, Shrug Capital, JLL Spark

## Investors

- Pioneers Holding — Seed
- AngelList Holdings, LLC — Seed
- Shrug Capital (https://capitalatlas.ai/funds/shrug-capital) — Seed
- JLL Spark (https://capitalatlas.ai/funds/jll-spark) — Seed, Series A
- Khosla Ventures (https://capitalatlas.ai/funds/khosla-ventures) — Seed, Series A
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed, Series A
- Soma Capital Management (https://capitalatlas.ai/funds/soma-capital-management) — Seed
- Bain Capital (https://capitalatlas.ai/funds/bain-capital) — Series A
- Figma, Inc. — Series A
- Duke Angel Network — Series A
- Bedrock (https://capitalatlas.ai/funds/bedrock) — Series A
- Openai Startup Fund Management (https://capitalatlas.ai/funds/openai-startup-fund-management) — Series A