Miter raises $40M to connect construction payroll and job costs

Miter sells workforce software to general and specialty contractors, joining payroll, HR, field activity and job costs in one system. The company announced a $40 million Series B led by Battery Ventures, with Bessemer Venture Partners and Coatue also participating.

Miter describes the customer workflow this way: workers clock time from a phone, tablet, desktop or kiosk; approvals can be organized by job; and supervisors can split crew time across jobs. The same field app handles schedules, production quantities, equipment use, daily reports and safety records. Hours, production and equipment data can then flow to the office and into the contractor’s existing accounting system.

That integration matters because construction payroll changes with the job. A crew can work across projects and states, requiring different pay rates, overtime treatment and tax withholding; publicly funded work can add prevailing-wage and certified-payroll reports. Miter’s site says approved hours carry the appropriate job, cost code and pay type through payroll, while journal entries sync back to the general ledger.

Payroll also supplies the data for Miter’s Project Intelligence product. The software costs each approved timesheet at a fully burdened labor rate covering wages, overtime, taxes, workers’ compensation and fringe costs, then shows foremen and managers budget-versus-actual views by cost code. Customers keep their enterprise resource planning software as the accounting system of record while Miter adds current field time and labor costs.

Miter is also embedding AI into those workflows. The company says its software structures information from invoices, receipts and pay-rate tables, produces safety reports from photos or voice notes and summarizes job status using data already in the platform. Those functions sit alongside the time, scheduling and reporting tools crews already use.

Miter says more than 2,000 contractors use its products and roughly 2% of American construction workers are paid through the system. It named Clayco and Haugland Group as customers and said its customer count has tripled since its May 2025 Series A. The financing brings total capital raised to $78 million and will support additional products and expansion of the company’s engineering and go-to-market teams.