Backing Miter: Building the teams that build the world

Construction isn’t just a $2 trillion industry in the U.S., it represents over 8 million Americans waking up every day to pour concrete, hang drywall, and lay the foundation of our society. And yet, the technology meant to support them is stuck in the past and cracking under pressure.

In the past six decades, total labor productivity across the economy has surged over 290%, while construction labor productivity has steadily declined, shrinking nearly 1% per year between 1970 and 2020. Labor shortages are growing more acute—the construction industry needs 400K+ new workers to meet 2025 demands—compliance burdens are piling up, and costs continue to rise. With these compounding factors, there has been little to no construction-specific technology supporting contractors to eliminate friction in workforce management. The industry is in desperate need for new human capital management “scaffolding.”

That’s where Miter comes in. Built specifically for contractors, Miter unifies HR, finance, and operations teams under one platform—to help contractors build with confidence. We’re proud to support Miter’s $38M financing and stand alongside CEO Connor Watumull, COO Tobin Paxton, and their team as they empower the crews shaping a more livable, resilient world.

Connor and Tobin co-founded Miter to reimagine workforce management for contractors. Miter has already earned the trust of 700+ contractors and is rapidly becoming the backbone of human capital management in construction.

Constructing software for the true “builders” of the world

Construction is physical, in-person, and profoundly human—and managing the teams that power it is one of the industry’s greatest challenges. Yet for too long, construction has been underserved by the vertical-specific solutions needed to streamline the demanding, ever-changing realities of workforce management including prevailing wages, per diems, multistate taxes, jobsite scheduling, and benefits tracking.

Miter’s construction-specific human capital management platform makes that complexity feel seamless, reducing administrative work up to 90% through construction-specific streamlining of recruiting, onboarding, training, payroll, compliance, and benefits administration. The connected platform also tackles field operations such as time tracking and scheduling, and expense management with automated expense allocation and real-time budget visibility among other functionality.

Construction teams deserve software as tough and adaptable as they are. Miter isn’t just repackaging a generic tool with a construction label—they’re laying the foundation for the true future of work in this industry: purpose-built systems designed for the field and the back office, built to attract and empower the next generation of the construction workforce. And while there’s a tired trope that contractors are slow to adopt technology, Miter proves that when software is built for the unique needs of the industry, contractors adopt fast.

Ultimately, Miter is on a mission to build a better built world. By connecting people, projects, and payments, the Miter platform gives modern contractors the tools to strengthen their workforce, manage job costs, and move faster in the field. From HR to payroll to jobsite execution, Miter empowers the next generation of builders to operate and build with confidence.

Learn more about Miter or sign up for a demo.