Miter is a technology company.
Miter brings HR, compliance, and financial software together on one purpose-built platform for contractors, making it easier and faster to build critical infrastructure.
Miter has raised $50.8M across 2 funding rounds.
Miter has raised $50.8M in total across 2 funding rounds.
Miter is a San Francisco-based technology company founded in 2020 that builds HR and financial software tailored for construction firms.[1][2][5] It offers an integrated platform for onboarding, timesheets, payroll, labor compliance, expenses, field operations, and job costing, solving inefficiencies in workforce management to help firms save time, bid on public sector projects, and scale operations.[2][5] Primarily serving construction businesses, Miter leverages B2B payments tech for seamless processes like time tracking, production scheduling, equipment management, and reimbursements, with US-based support and API integrations.[2][5] At pre-seed stage with under 25 employees and revenue below $5 million, it shows early momentum in a niche market despite a recent dip in CB Insights' Mosaic Score.[1][2]
Miter emerged in 2020 amid advancements in B2B payments technology, targeting pain points in construction HR and finance.[1][2] Founders are not named in available sources, but the company quickly focused on unifying fragmented tools—onboarding, payroll, timesheets, and compliance—into one platform to address real-world challenges like manual processes hindering growth.[2][5] Early traction centered on construction firms needing to streamline operations for public bids, with its San Francisco base supporting a tech-driven approach to field-heavy industries.[1][2] Note: An earlier CB Insights profile mentioned a pivot from meeting productivity tools, but current operations confirm the construction focus.[1]
Miter rides the wave of vertical SaaS for construction, where digital transformation meets labor shortages and rising public infrastructure spending.[2][5] Timing aligns with post-2020 B2B payments innovations and remote/field hybrid work demands, amplified by US construction's $1.8 trillion market facing compliance hurdles.[2] Market forces like skilled labor scarcity and project bidding complexities favor specialized platforms over generic HR tools, positioning Miter to capture share from fragmented competitors.[1][2] It influences the ecosystem by enabling smaller firms to scale via tech, potentially boosting industry productivity amid labor regulations and tech adoption lags.
Miter's trajectory points to expansion in construction tech, with potential seed funding to enhance AI-driven field ops or compliance automation amid infrastructure booms.[2][5] Trends like AI for scheduling, blockchain payments, and ESG compliance will shape it, while economic cycles in construction could accelerate adoption.[1][2] Its influence may grow by partnering with larger payroll giants or entering adjacent trades, solidifying its role as a growth enabler for underserved firms—echoing its core promise of stronger workforces with less effort.[5]
Miter has raised $50.8M in total across 2 funding rounds.
Miter's investors include 1517 Fund, Alumni Ventures, Bessemer Venture Partners, Camber Creek, Cedar Capital Group, Derive Ventures, Feenix Ventures, FJ Labs, MaC Venture Capital, Pear VC, Reach Capital, Sapir Venture Partners.
Miter has raised $50.8M across 2 funding rounds. Most recently, it raised $50.0M Series B in July 2025.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jul 1, 2025 | $50.0M Series B | 1517 Fund, Alumni Ventures, Bessemer Venture Partners, Camber Creek, Cedar Capital Group, Derive Ventures, Feenix Ventures, FJ Labs, MaC Venture Capital, Pear VC, Reach Capital, Sapir Venture Partners, The Finger Group, Oded Hermoni, Salil Pitroda, Will Gaybrick | |
| Apr 1, 2021 | $770K Seed | Afore Capital, Cistern Capital, Feenix Ventures, ICONIQ Capital, LightShed Ventures, MaC Venture Capital, Reach Capital, Recursive Ventures, Sapir Venture Partners, Ray Muzyka |