Atmos, a new startup that makes it easier to build custom homes, has raised $4 million at a $25 million valuation, in a round led by Khosla Ventures. A graduate of Y Combinator, the company’s roster of investors also includes Sam Altman, Adam Nash, JLL Spark, and a group of TikTok influencers.
“The only way to improve housing affordability in the US is to build more houses, and the building of new, custom homes has long been a confusing, unreliable process,” says Evan Moore, a partner at Khosla Ventures who previously helped launch Opendoor. “Atmos enables significantly more people to build the homes they want.”
Atmos’ pitch is that it centralizes information for prospective homebuilders, who traditionally have to search separately for realtors, available lots, builders and architects. “In general it’s just a super scattered process,” says Nicholas Donahue,