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Rabbet revenue is $1.9 million

Rabbet team size is 24 employees


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Rabbet

- Austin, Texas, United States

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How Rabbet hit $1.9M Revenue

Developer of an enterprise platform intended to offer transparency to the complex construction finance industry. The company's platform ensures compliant documents, streamlines audits and tracks lien releases directly to progress payments reducing risk in construction lending, enabling businesses to change the regulatory environment and diminish labor supply that accelerates the need for accurate and efficient tools to manage the construction disbursement of funds.

Founded

2013

Founded

Revenue

$1.9M

2022 Revenue

YOY
-----

YOY

Funding

$8.1M

Funding


Rabbet Revenue

In 2022, Rabbet revenue run rate hit $1.9M in revenue.

  • 2021

    Rabbet hit $1.9M in revenue in 2021

  • 2013

    Rabbet launched in 2013 with $0 revenue

$1.9M

Rabbet Funding History

Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?

  • 2019

    Rabbet raised a of $8M

  • 2017

    Rabbet raised a of $120K

FUNDING DATEROUNDAMOUNTVALUATION
02/20/2019 $8M
10/06/2017 $120K

Team

Rabbet has 24 total employees and 3 sales reps that carry a quota.

2021
DISTRIBUTIONQTY
Total team size
24
Engineer
0(0%)
Sales
3(13%)
Marketing
1(4%)

CEO/Founder

Will Mitchell

Will Mitchell is the co-founder and CEO of Rabbet, formerly known as Contract Simply. After spending more than a decade in commercial real estate, Will recognized the need to strengthen connections between developers, lenders and contractors, streamline operations and maintain critical project timelines. In Rabbet, Will is pioneering the connected construction economy with the only platform that intelligently connects relevant information for frictionless construction transactions. Prior to founding Rabbet, Will was the co-founder and CEO of Renovate Simply, a data-driven web and mobile marketplace for home renovations. Originally from Denver, he completed his undergraduate studies in architecture and structural engineering from the University of Virginia. Will also earned his Masters of Business Administration (MBA), with a focus in entrepreneurship, at the University of Texas in Austin.

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Customers

Rabbet has 0 customers.

Lifetime Months

-

x

Monthly ARPU

-

=

Lifetime Dollar

-

Acquisition Cost

-

Average Annual Price

-

$0$0024681012
$0$0024681012

Churn

Rabbet has an annual churn rate of 0.00%.

-100-500%50100

Gross Annual Dollar Churn

-0.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

0.00%


About Rabbet

Monthly Revenue

$161.1K

-

Total Expenses

$0.0

=

Net Income

$0.0

EBIDTA Margin

0.0%

+

YOY Growth

0.0%

=

Rule of 40

0


Rabbet Board of Directors

NamePosition

Rabbet Executives

NamePosition
Will Mitchell CEO

Rabbet Employees

NamePosition
Will Mitchell CEO

Frequently Asked Questions about Rabbet

When was Rabbet founded?

Rabbet was founded in 2013.

How much revenue does Rabbet generate?

Rabbet generates $1.9M in revenue.

Who is the CEO of Rabbet?

The CEO of Rabbet is Will Mitchell.

How much funding does Rabbet have?

Rabbet was raised $8.1M.

How many employees does Rabbet have?

Rabbet has raised 24 employees.

Where is Rabbet headquarters?

Rabbet headquater is at United States