About Miter
Miter is a company based in San Francisco (United States) founded in 2021 by Tobin Paxton. It operates as a SaaS (Software-as-a-Service). Miter has raised $26.15 million across 2 funding rounds from investors including Bessemer Venture Partners and Coatue. The company has 60 employees as of December 31, 2024. Miter offers products and services including HCM, Field Operations, and Expense Management. Miter operates in a competitive market with competitors including Gusto, Justworks, Earnin, Paylocity and Payflow, among others.
- Headquarter San Francisco, United States
- Employees 60 as on 31 Dec, 2024
- Founders Tobin Paxton
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Sectors
Real Estate & ConstructionTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Miter Hr, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$26.15 M (USD)
in 2 rounds
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Latest Funding Round
$23 M (USD), Series B
May 19, 2025
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Investors
Bessemer Venture Partners
& 1 more
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Employee Count
60
as on Dec 31, 2024
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Products & Services of Miter
Miter offers a comprehensive portfolio of products and services, including HCM, Field Operations, and Expense Management. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
HCM is used to streamline hiring and payroll.
Field Operations is designed for efficient time tracking.
Expense Management is built for contractor expense tracking.
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Funding Insights of Miter
Miter has successfully raised a total of $26.15M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $23 million completed in May 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series B — $23.0M
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First Round
First Round
(09 Apr 2021)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2025 | Amount | Series B - Miter | Valuation | Bessemer Venture Partners , Coatue |
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| Apr, 2021 | Amount | Series A - Miter | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Miter
Miter has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Bessemer Venture Partners and Coatue. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital investments and support for entrepreneurs in technology and innovation sectors.
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Founded Year | Domain | Location | |
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Provider of an investment platform for various stages
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Miter
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Miter
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Miter Comparisons
Competitors of Miter
Miter operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Gusto, Justworks, Earnin, Paylocity and Payflow, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based HR and payroll solutions are offered for small businesses.
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| domain | founded_year | HQ Location |
Benefits administration and payroll management are provided for businesses.
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| domain | founded_year | HQ Location |
Real-time access to earned wages is provided fee-free.
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| domain | founded_year | HQ Location |
Cloud-based payroll and HR solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Payflow is recognized as a financial wellness application for employees.
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| domain | founded_year | HQ Location |
Cloud-based HR and payroll management solutions are offered.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Miter
Frequently Asked Questions about Miter
When was Miter founded?
Miter was founded in 2021.
Where is Miter located?
Miter is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Miter a funded company?
Miter is a funded company, having raised a total of $26.15M across 2 funding rounds to date. The company's 1st funding round was a Series A of $3.15M, raised on Apr 09, 2021.
How many employees does Miter have?
As of Dec 31, 2024, the latest employee count at Miter is 60.
What does Miter do?
Miter is established as a software platform tailored for the construction industry. It is designed to integrate payroll, HR, expenses, and field operations into a single system. Solutions are provided for compliance, job costing, and system consolidation. The platform is utilized by contractors to streamline workforce management, field reporting, and expense tracking. Various integrations with HR, accounting, and ERP systems are supported to eliminate data silos. Miter is trusted by numerous companies to enhance operational efficiency and decision-making in construction projects.
What products or services does Miter offer?
Miter offers HCM, Field Operations, and Expense Management.
Who are Miter's investors?
Miter has 2 investors. Key investors include Bessemer Venture Partners, and Coatue.