Miter, which provides workforce management tools for the construction industry, raised a $40M Series B led by Battery Ventures, taking its total funding to $78M
Miter, a construction workforce management platform, raised a $40 million Series B led by Battery Ventures, CEO Connor Watumull tells Axios Pro exclusively.
Context & Ripple Effects
Construction software has drawn venture backing across planning, materials and back-office workflows: Mosaic's construction-planning round and Agora's contractor materials-management funding marked earlier bets on distinct operating layers. In September 2026, Adaptive's $30 million accounting-software round showed fresh funding for contractor administration.
Miter's $40 million Series B adds workforce management to that financed construction-software stack, while extending the company's total funding to $78 million. Battery Ventures is the named lead investor.
First-order effects
- Miter gains $40 million to fund its construction workforce-management platform, increasing its total capital raised to $78 million.
- Battery Ventures adds Miter to its software and industrial-technology investment activity through the lead role in the Series B.
Second-order effects
- Adaptive, Mosaic and other construction-software vendors face a better-capitalized specialist selling into overlapping contractor operations, increasing pressure to demonstrate how their products fit alongside workforce systems.
- Construction contractors evaluating software across payroll-adjacent workforce work, accounting and planning gain another vendor with funding to compete for implementation and integration budgets.
Third-order effects
- The financing points to construction operations becoming a contested vertical-software market, with separate workforce, accounting, planning and materials vendors competing to become a contractor's core system of record.
- If investment continues across these adjacent categories, product integration and workflow coverage—not a single back-office feature—will increasingly determine which vendors win contractor software budgets.
The trend: Construction software investment is broadening from individual workflow tools toward competing platforms that seek a central role in contractor operations.