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Miter raises $40 million in a Series B funding round led by Battery Ventures to enhance its AI-powered platform for the construction industry.

PRIVATESep 30, 2026

Amount Raised

$40 Million

Round Type

Series B

San FranciscoSoftwareSaas

Investors

CoatueBessemer Venture PartnersBattery Ventures

Description

Miter has successfully raised $40 million in a Series B round of financing, led by Battery Ventures. The funds will be used to enhance AI products for construction management and expand their engineering and go-to-market teams. Existing investors Bessemer Venture Partners and Coatue participated in the round. Miter aims to support the booming construction sector with innovative technology solutions.

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.

Fundz sees it the moment Miter raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Predictive Intelligence
Strategic

ML-powered predictions for Miter's next move

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Miter raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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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 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.