Rabbet
Austin, Texas, United States
How Rabbet hit $2.6M revenue with a 38 person team in 2023.
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.
2013
Founded
$2.6M
2023 Revenue
17.2%
YOY
$8.1M
Funding
Rabbet Revenue
In 2023, Rabbet revenue run rate hit $2.6M in revenue.
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2023
Rabbet hit $2.6M in revenue in 2023
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2021
Rabbet hit $1.9M in revenue in 2021
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2013
Rabbet launched in 2013 with $0 revenue
Rabbet Funding History
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2019
Rabbet raised a of in February, 2019
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2017
Rabbet raised a of in October, 2017
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| February, 20 2019 | |||
| October, 06 2017 |
Team
Rabbet has 38 total employees and 3 sales reps that carry a quota. and a marketing team of 1.
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 38 |
| Sales | 3 (8%) |
| Marketing | 1 (3%) |
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
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Advice for 20 year old self
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Customers
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Rabbet Executives
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Will Mitchell | CEO | [email protected] | - |
Rabbet Employees
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Will Mitchell | CEO | [email protected] | - |
Frequently Asked Questions about Rabbet
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When was Rabbet founded?
Rabbet was founded in 2013.
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How much revenue does Rabbet generate?
Rabbet generates $2.6M in revenue.
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Who is the CEO of Rabbet
The CEO of Rabbet is Will Mitchell.
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How much funding does Rabbet have?
Rabbet raised $8.1M.
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How many employees does Rabbet have?
Rabbet has 38 employees.
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Where is Rabbet headquarters?
Rabbet is headquartered at Austin, Texas, United States
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