Miter raises $40M Series B led by Battery Ventures for construction payroll and back-office AI
Announced · Published · By Contractor AI Shop
Miter, a workforce and back-office platform for contractors covering payroll, HR, field operations and expenses, announced a $40 million Series B led by Battery Ventures, with Bessemer and Coatue participating. Total funding is now $78 million. Miter says most of the money will go to building AI products.
Key facts
- Miter announced the $40M Series B on September 30, 2026, led by Battery Ventures with Bessemer and Coatue participating. Miter
- Miter says most of the round will go to building AI products for contractors and hiring engineers. Miter
- citybiz reported total capital raised is $78 million. citybiz
- Construction Industry AI notes neither the release nor trade coverage gives a valuation. Construction Industry AI
Our take: what it means for contractors
Certified payroll and prevailing wage are where back-office software earns its keep. If you're on public work and still stitching payroll together from spreadsheets, demo Miter against your current setup. Run one real certified payroll week through it before you switch.
What we don't know yet
- Valuation
- Pricing
- Which specific AI features ship first
Sources
- Miter · It's time to build · 2026-09-30 · Primary
- citybiz · AI Construction Platform Miter Raises $40M Led by Battery Ventures · 2026-10-01 · Secondary
- Construction Industry AI · Miter Raised $40M, and Says It Now Pays Roughly Two of Every 100 American Construction Workers · 2026-09-30 · Secondary