Rabbet, a construction finance platform, is raising a Series A funding round of USD 8M led by Goldman Sachs, QED Investors, and Camber Creek, writes Realty Biz News.

Rabbet’s software solves a problem in the construction loan processing by helping to expedite construction draw processing, which saves time and money while minimizing human error in data processing. Currently, these processes are manual and paper-based.

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