Draftaid (Founding)

Funding Details
Awarder
YCombinator
Date Award
January 09, 2024
Vertical
B2B,Engineering, Product and Design
Funding URL
View Funding Page
Valuation
$0

Company Info
Founding Year
2024
Company Description
DraftAid is the world's first generative AI for CAD manufacturing drawings, akin to GitHub Copilot but for CAD. It drastically shortens drawing creation time, turning hours into seconds. Every product that is manufactured - from construction to aerospace, automotive, durable goods, and electronics—relies on drawings. Currently, engineers and designers painstakingly make these essential drawings manually. Draftaid streamlines this process saving teams millions in time and quality. The idea was born out of Abdullah's experience as a mechanical design team member, where he created thousands of drawings and longed for a more efficient process. Partnering with Tahsin, a neighbour with a PhD in AI, and Mohammed, a seasoned engineering VP with experience in construction software, they turned the dream into reality. Since their launch in August, DraftAid has engaged customers through targeted outreach and word-of-mouth, securing paid pilots with subsequent contracts valued at $150,000. Be a part of ushering in the new era of CAD designs!
Market
B2B
Location
Toronto, ON, Canada
Coinvestors
YCombinator

Links
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