About Rabbet
Rabbet is a company based in Austin (United States) founded in 2017.. Rabbet has raised $8.24 million across 4 funding rounds from investors including Goldman Sachs, Camber Creek and QED Investors. The company has 19 employees as of December 31, 2022. Rabbet offers products and services including Rabbet Real Estate Development and Rabbet Construction Finance. Rabbet operates in a competitive market with competitors including Built, Briq, Vesta, Foundation Software and Land Gorilla, among others.
- Headquarter Austin, United States
- Employees 19 as on 31 Dec, 2022
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Sectors
Real Estate & Construction
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Renovate Simply Inc. Dba Rabbet
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$8.24 M (USD)
in 4 rounds
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Latest Funding Round
$8 M (USD), Series A
Feb 20, 2019
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Investors
Goldman Sachs
& 4 more
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Employee Count
19
as on Dec 31, 2022
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Products & Services of Rabbet
Rabbet offers a comprehensive portfolio of products and services, including Rabbet Real Estate Development and Rabbet Construction Finance. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for managing real estate development projects and tracking budgets.
Tool for centralizing construction loan operations and risk monitoring.
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Funding Insights of Rabbet
Rabbet has successfully raised a total of $8.24M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $8 million completed in February 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series A — $8.0M
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First Round
First Round
(01 Jun 2017)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2019 | Amount | Series A - Rabbet | Valuation | Goldman Sachs , Camber Creek |
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| Aug, 2017 | Amount | Seed - Rabbet | Valuation |
investors |
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| Jun, 2017 | Amount | Seed - Rabbet | Valuation | Y Combinator |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Rabbet
Rabbet has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Goldman Sachs, Camber Creek and QED Investors. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investment banking services are delivered across multiple financial sectors.
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Founded Year | Domain | Location | |
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Venture capital fund focused on tech startups
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Founded Year | Domain | Location | |
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Venture capital fund investing in early-stage start-ups
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Rabbet
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Rabbet
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Rabbet Comparisons
Competitors of Rabbet
Rabbet operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Built, Briq, Vesta, Foundation Software and Land Gorilla, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based management of construction loan life cycles is provided.
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| domain | founded_year | HQ Location |
Briq is recognized for developing autonomous work platforms.
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| domain | founded_year | HQ Location |
Pillow and duvet cover products are provided by Vesta brand.
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| domain | founded_year | HQ Location |
Construction accounting software is offered on-premise and in the cloud.
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| domain | founded_year | HQ Location |
Construction loan management solution provider
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Rabbet
Frequently Asked Questions about Rabbet
When was Rabbet founded?
Rabbet was founded in 2017.
Where is Rabbet located?
Rabbet is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
Is Rabbet a funded company?
Rabbet is a funded company, having raised a total of $8.24M across 4 funding rounds to date. The company's 1st funding round was a Seed of $120K, raised on Jun 01, 2017.
How many employees does Rabbet have?
As of Dec 31, 2022, the latest employee count at Rabbet is 19.
What does Rabbet do?
Founded in 2017 and based in Austin, United States, Rabbet operates as a web-based platform in the construction finance sector. Documents are automatically parsed using machine learning to connect information and streamline draw requests for large projects. Administrative tasks are reduced, and decision-making is accelerated for real estate lenders and developers through faster transaction processing.
Who are the top competitors of Rabbet?
Rabbet's top competitors include Foundation Software, Built and Briq.
What products or services does Rabbet offer?
Rabbet offers Rabbet Real Estate Development and Rabbet Construction Finance.
Who are Rabbet's investors?
Rabbet has 5 investors. Key investors include Goldman Sachs, Camber Creek, QED Investors, Y Combinator, and Tectonic Capital.