2024 Revenue
$3.2M
Funding
$8.1M
YOY
22.6%
Team
38
Founded
2013
How Rabbet CEO Will Mitchell grew to $3.2M revenue with a 38 person team in 2024.
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.
Last updated
Rabbet Revenue
In 2024, Rabbet's revenue reached $3.2M. The company previously reported $2.6M in 2023. Since its launch in 2013, Rabbet has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | Rabbet Hit $3.2m revenue in October 2024 | |
| 2023 | Rabbet Hit $2.6m revenue in December 2023 | |
| 2021 | Rabbet Hit $1.9m revenue in April 2021 | |
| 2013 | Launched with $0 revenue |
Rabbet Valuation, Funding Rounds
Rabbet has not publicly disclosed its valuation. The company has raised $8.1M in total funding to date.
Rabbet has raised $8.1M in total funding across 2 rounds, with its most recent round in 2019.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|---|---|---|---|---|
| 2019 | Funding round | $8M | - | - | |
| 2017 | Funding round | $120K | - | - |
Founder / CEO
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.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Rabbet yet.
Rabbet Employees & Team Size
Rabbet employs approximately 38 people as of 2026, including 3 sales reps that carry a quota.
| Year | Milestone |
|---|---|
| 2024 | Reached 38 employees (October 2024) |
| 2023 | Reached 38 employees (December 2023) |
| 2022 | Reached 36 employees (December 2022) |
| 2021 | Reached 34 employees (December 2021) |
| 2021 | Reached 24 employees (April 2021) |
Frequently Asked Questions about Rabbet
What is Rabbet's revenue?
Rabbet generates $3.2M in revenue.
Who founded Rabbet?
Rabbet was founded by Will Mitchell.
Who is the CEO of Rabbet?
The CEO of Rabbet is Will Mitchell.
How much funding does Rabbet have?
Rabbet raised $8.1M.
How many employees does Rabbet have?
Rabbet has 38 employees.
Where is Rabbet headquarters?
Rabbet is headquartered in Austin, Texas, United States.
Compare Rabbet to the industry
Rabbet operates across multiple industries. Browse revenue, funding, and growth data for Rabbet in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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