# Miter raises USD 40 million Series B to build AI-native construction operating system

According to Unite.AI, on 2026/9/30, AI-native construction operating system company Miter raised USD 40 million in Series B funding led by Battery Ventures, with Bessemer Venture Partners and Coatue participating. Headquartered in San Francisco, it unifies payroll, compliance, jobsites and project costs. More than 2000 contractors use it, with approximately 2% of US construction workers paid through its system. Total funding reached USD 78 million. Connor Watumull and Tobin Paxton co-founded the company.



Canonical: https://uniquebase.ai/news/eb21710a-e305-46ae-a6c6-b424541a3903
Stable identifier: eb21710a-e305-46ae-a6c6-b424541a3903
Snapshot captured: 2026-10-15T14:23:27.067Z
English updated: 2026-10-16T00:21:23.987Z

## Connected profiles

- [Battery Ventures](/institutions/battery-ventures)
- [Bessemer Venture Partners](/institutions/bessemer-venture-partners)
- [Coatue](/institutions/coatue)
- [Miter](/companies/miter)

## Sources

- https://www.unite.ai/miter-raises-40m-series-b-to-replace-constructions-frankenstack-with-an-ai-native-operating-system/