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What they do
Miter has raised $40 million in Series B funding, led by Battery Ventures, to enhance its AI-powered workforce management platform for the construction industry. The funds will be used to expand AI products for back offices and jobsites, grow its engineering team in San Francisco and New York, and bolster its U.S. go-to-market efforts.
Why it matters
Miter provides an AI-powered operating platform that integrates payroll, HR, field operations, job costing, and expenses specifically for construction companies. Its technology automates manual workflows, structures information from various documents, and generates reports, significantly streamlining operations in a traditionally fragmented industry.
Traction
Miter currently processes payroll for approximately 2% of U.S. construction workers and serves over 2,000 contractors, having tripled its customer count since its Series A in May 2025. The platform is utilized across hundreds of thousands of active jobs each month, indicating strong market penetration and demand.
Where the market is going
Miter is poised to disrupt the construction management landscape, traditionally dominated by outdated manual processes and siloed systems. By unifying critical functions into a single platform, Miter addresses the urgent need for efficiency in an industry facing unprecedented infrastructure demands, positioning itself as a vital partner for contractors looking to modernize.