Miter raises $38M in funding led by Bessemer Venture Partners and Coatue Management to expand operations and development efforts.

May 20, 2025•7 months ago

Amount Raised

$38 Million

San FranciscoSaasSoftware

Investors

Coatue Management LlcBessemer Venture Partners

Description

Miter, a San Francisco-based provider of cloud-based human capital management solutions, raised $38M in funding. The round was led by Bessemer Venture Partners and Coatue Management LLC. The company intends to use the funds to expand operations and its development efforts. Miter empowers contractors with tools to build teams and manage job costs.

Company Information

Company

Miter

Location

San Francisco, California, United States

About

Miter is an HCM, field operations, and expense management platform built for contractors. Driven by a vision of a better built world, Miter empowers the next generation of contractors to strengthen their workforce, control job costs, and accelerate jobsite execution. The platform connects people, projects, and payments, enabling contractors to build with confidence.

Related People

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Funding Insights

Based on industry data

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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