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

PRIVATEMay 20, 2025•about 1 year ago

Amount Raised

$38 Million

San FranciscoSoftwareSaas

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.

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Predictive Intelligence
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ML-powered predictions for Miter's next move

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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
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.

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