What does Miter do?
Miter offers a cloud-based platform that empowers contractors by integrating human capital management, field operations, and expense management tools. The platform connects HR, finance, and operations, catering to construction and field service industries with broad ERP and project management integrations.
How much did they raise?
The company secured $38M in a funding round led by Bessemer Venture Partners and Coatue Management, highlighting strong investor confidence in its market approach.
What are their plans for the money?
Miter intends to use the funds to expand its operations and accelerate platform development. These investments aim to enhance its integrated solutions and further support the digital transformation of the construction sector.
What have they achieved so far?
Miter has already made significant progress, with over 700 contractors leveraging its platform to connect key business functions, and it has established strategic integrations with leading ERPs and project management systems.
