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Rabbet

“Can a vertical construction finance platform become the system of record between real estate developers and their lenders by owning the draw-package workflow?”

Founded2017
HQAustin, Texas, United States
Total raised$9.9M
Latest roundDebt Financing
IndustryVertical SaaS / Construction
The story

Founded in 2017 as Contract Simply (formerly Homenity), Rabbet was originally focused on home renovation construction finance. It pivoted to become a broader construction finance / real estate development management platform for commercial developers and construction lenders. Today it operates two distinct products — Rabbet Development (for developers/owners) and Rabbet Construction Lending (for banks and private credit) — sitting on top of over $100B in real estate capital under management.

Last 12 months
2025-10
2026-05
Product timeline
2017
Founded (formerly known as Homenity / Contract Simply); accelerated in Y Combinator· pivot
2024
Positioned as real estate management platform for developers and construction lenders, managing $100B+ in real estate capital· banking
2025
Launched Rabbet AI Assistant for customer support and document routing· pivot
The stack
1 layer disclosed in Rabbet’s embedded-finance stack
Accounting
QuickBooksBILLNexusPayablesMRIYardiAvidXchange
Accounting gap: none

Rabbet — frequently asked

Which accounting software does Rabbet integrate with?

Rabbet integrates with QuickBooks, BILL, NexusPayables, MRI, Yardi and AvidXchange.

Where is Rabbet headquartered?

Rabbet is founded in 2017 and headquartered in Austin, Texas, United States.

How much funding has Rabbet raised?

Rabbet has raised $9.9M in total (latest round: Debt Financing).

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