Rabbet

Rabbet, previously recognized as Contract Simply, operates within the real estate and construction industry, specifically focusing on construction finance management. The company is part of the Y-Combinator batch S17 and is strategically headquartered in Austin, Texas, with additional locations in Denver, Colorado, and Charlotte, North Carolina. Rabbet’s platform is designed to streamline the complexities of construction finance for real estate developers, lenders, and other stakeholders in the development process. The platform provides comprehensive solutions including budget management, cash flow projections, contract tracking, document management, draws and reports, benchmarks and insights, loan administration, and team collaboration. Utilizing machine learning, Rabbet enhances document parsing and information connectivity, which aids in reducing administrative burdens, ensuring compliance, and accelerating decision-making processes. Currently, the platform manages over $50 billion of project capital and features success stories from notable industry leaders such as Kairoi, Baltimore Community Lending, Track West Partners, Altus Realty, and Redrock Residential. Rabbet also engages with its community through a regularly updated blog and a newsletter focused on construction finance insights. As an employer, Rabbet is committed to supporting its team of 23 members by offering competitive salaries and benefits, including 100% paid health insurance, family leave, and a 401(k) with matching contributions. The company is actively expanding its team and provides a dedicated career page highlighting open positions and company culture.