When was Rabbet founded?

Rabbet was founded in 2017 and raised its 1st funding round within a year of its incorporation.

Where is Rabbet located?

Rabbet is headquartered in Austin, United States. It is registered at Austin, Texas.

How many employees does Rabbet have?

As of Jun 30, 2026, the latest employee count at Rabbet is 42.

Is Rabbet a funded company?

Rabbet is a funded company, having raised a total of $8.12M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on 2017.

When was the latest funding round of Rabbet?

Rabbet's latest funding was a $***** Series A round on Feb 20, 2019, with participation from 3 investors. Its primary sector is Construction Tech. In United States, the Construction Tech sector has seen $941M in funding in 2026 to date.

Where does Rabbet rank among its competitors?

Rabbet ranks 2nd amongst 12 active competitors, of which 2 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Rigor, which secured $3.5M in Jun, 2022.

Who are the top competitors of Rabbet?

Rabbet's top competitors include Land Gorilla, TrustPoint and Rigor. Among them, Rigor secured the most recent funding round in June, 2022.

Rabbet - 2026 Company Profile, Team, Funding & Competitors

Company Details

Rabbet (formerly known as Contract Simply) is a web-based AI-powered construction finance management platform. It automatically parses documents and facilitates faster transactions. Large construction projects are financed by banks and credit unions through a monthly invoice process called a draw request. The platform uses machine learning to parse documents & connect information for reduced administrative and faster decision-making for real estate lenders and developers.

Website: rabbet.com
Social
Email ID: *****@rabbet.com
Registered Address: Austin, Texas

Key Metrics

Founded Year

2017

Location

Austin, United States

Stage

Series A

Total Funding

$8.12M in 3 rounds

Latest Funding Round

Series A, Feb 20, 2019, $*****

Investors

Goldman Sachs & 9 more

Ranked

2^nd among 12 active competitors

Employee Count

42 as on Jun 30, 2026

Similar Companies

Land Gorilla & 10 more

View Rabbet's full profile

Rabbet is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
RENOVATE SIMPLY INC. DBA RABBET CIN: 465431091 , United States, Active	Dec 31, 1999	-	21 (As on Dec 31, 2024)	-

Rabbet has raised a total funding of $8.12M over 3 rounds. Its first funding round was on 2017. Its latest funding round was a Series A round on Feb 20, 2019 for $*****. 3 investors participated in its latest round. Rabbet has 10 institutional investors.

Here is the list of recent funding rounds of Rabbet:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 20, 2019	3288071	Series A	7167399	3165873	6849034	1643599
Aug 22, 2017	5524967	Seed	5374314	1345171	7900939	Y Combinator
2017	3761	Seed	6175	9129	Tectonic Capital	6491

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View details of Rabbet's funding rounds and investors

Rabbet's employee count trend

Rabbet has 42 employees as of Jun 26. Here is Rabbet's employee count trend over the years:

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Top competitors of Rabbet include Land Gorilla, TrustPoint and Rigor. Here is the list of Top 10 competitors of Rabbet, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Land Gorilla 2010, San Luis Obispo (United States), Funding Raised	Construction loan software streamlining lending, compliance, and risk management	-	-	52/100
2nd	Rabbet 2017, Austin (United States), Series A	AI-powered construction finance management platform	$8.12M	Goldman Sachs, QED Investors & 8 others	42/100
3rd	TrustPoint 2020, San Mateo (United States), Funding Raised	Provider of technology platform for construction and renovation lending solutions	-	Navitas Capital, Navitas Capital & 1 others	42/100
4th	Rigor 2021, Windermere (United States), Seed	Provider of a blockchain-based funds lending platform for the construction industry	$3.5M	Agya Ventures, Third Prime & 4 others	32/100
5th	ECL Software 1992, Los Angeles (United States), Unfunded	Construction project management solution	-	-	26/100
6th	Snap.Build 2015, Ponte Vedra Beach (United States), Unfunded	Construction project management software for managing project costs	-	-	25/100
7th	InspectDate 2015, Portland (United States), Unfunded	Inspection management solutions for construction lending institutions	-	-	22/100
8th	Mercado Armadillo 2017, Zapopan (Mexico), Funding Raised	Online marketplace to buy building materials on credit basis	-	Labcap, Demo Day Monterrey	20/100
9th	Presidium Residential 2024, Unfunded	Provider of subscription-based solutions for construction loan management	-	-	19/100
10th	Lienwaivers.io 2016, Sioux City (United States), Acquired	SaaS-based solution for lien waivers management in construction projects	-	Nine Four Ventures	19/100