+74%

est. 2Y upside i

FinTechVertical SaaSSeries A

Bringing efficiency, accuracy and transparency to construction finance

Rank

#660

Sector

Fintech, Construction Technology

Est. Liquidity

~4Y

Data Quality

Data: Medium

Rabbet offers a moderate expected upside of ~74% over 2 years, but with significant risks due to stale valuation, high preference overhang, and slow growth.

Last updated: July 19, 2026

Bull (20%)+185%

If Rabbet achieves category leadership or IPO window opens, exit multiple expands to 8x forward revenue, yielding ~$48.8M exit. After 20% dilution haircut, upside ~185%.

Base (55%)+71%

Revenues grow to ~$6.1M by 2028, exit at 5x multiple (~$30.5M). Dilution reduces return to ~71%.

Bear (25%)-6%

Multiple contracts to 3x, exit ~$18.3M. After dilution, a small loss. Preference stack adds risk if exit falls below $9.9M.

Est. time to liquidity~4.0 years

Preference Stack Risk

severe

Funding Intensity

62%

Total preferred liquidation preference $9.9M represents 62% of current $16M valuation, severely diluting common stock value.

Dilution Risk

high

Company has not raised since 2019; likely needs capital, which would dilute existing shareholders.

Secondary Liquidity

none

No secondary transactions reported; shares are illiquid.

Questions to Ask at the Interview

Strategic questions based on Rabbet's data — designed to show you've done your homework.

  • 1

    “How does Rabbet plan to differentiate from Built Technologies given its head start?”

  • 2

    “What is the unit economics and path to profitability?”

  • 3

    “What is the current cap table and strike price for grants?”

Community

Valuation Sentiment

Our model estimates +74% upside. What do you think?

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.