Rabbet logo
Founded 2013

Rabbet

2021 Revenue

$1.9M

YOY

Funding

$8.1M

How Rabbet hit $1.9M in Revenue.

About Rabbet

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.

Monthly Revenue

$161.1K

Total Expenses

$161.1K

=
Net Income

$0.0

Ebidta Margin

0.00%

+
YOY Growth

=
Rule of 40

0


Headquarters

AustinTexasUnited States
$Funding$Revenue

Rabbet Revenue

In 2021, Rabbet revenue run rate hit $1.9M in revenue.

$1.9M

Rabbet Valuation and Funding History

Rabbet has raised a total of $8.1M.

Why are so many SaaS founders taking money from Founderpath.com instead of VC's?
Funding DateRoundAmountTotalValuation
02/20/2019$8.0M
10/06/2017$120.0K

Customers

Rabbet has 0 customers.

Lifetime Months

×
Monthly ARPU

=
Lifetime Dollars


Acquisition Cost

Average Annual Price

$0$0.0024681012

Churn

Rabbet has an annual churn rate of 0.00%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-0.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

0.00%

Team

Employees

Rabbet has 24 employees. They have 3 sales reps that carry a quota They have a marketing team of 1.

2021
DistributionQty

Total Team Size

24

Engineers

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.


CEO Q&A

What's your age?

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Favorite online tool?

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Favorite book?

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Favorite CEO?

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Advice for 20 year old self

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Frequently Asked Questions about Rabbet

When was Rabbet founded?

Rabbet was founded in 2013.


Who is the CEO of Rabbet?

The CEO of Rabbet is Will Mitchell


How many employees does Rabbet have?

Rabbet has 24 employees.

How much revenue does Rabbet generate?

Rabbet generates $1.9M in revenue.


How much funding does Rabbet have?

Rabbet has raised $8.1M.


Where is Rabbet headquarters?

Rabbet is headquartered at AustinTexasUnited States

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