Rabbet revenue hit $1.9 million in 2023
Rabbet generates revenue per employee $80.6K
Rabbet
Austin, Texas, United States
How Rabbet hit $1.9M revenue and 24 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
$1.9M
2022 Revenue
YOY
$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
Rabbet Funding History
2019
Rabbet raised a of $8M
2017
Rabbet raised a of $120K
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| 02/20/2019 | $8M | ||
| 10/06/2017 | $120K |
Team
Rabbet has 24 total employees and 3 sales reps that carry a quota.
| DISTRIBUTION | QTY |
|---|---|
| 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 customers.
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Rabbet Board of Directors
| Name | Position | Working Email | Personal Email |
|---|
Rabbet Executives
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Will Mitchell | CEO | wmitchell@rabbet.com | - |
Rabbet Employees
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Will Mitchell | CEO | wmitchell@rabbet.com | - |
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 raised $8.1M.
How many employees does Rabbet have?
Rabbet has 24 employees.
Where is Rabbet headquarters?
Rabbet is headquartered in United States
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