The Rise of Tech-Driven Solutions in Construction and Logistics
May 29, 2025, 5:04 am
Location: United States, California, San Francisco
Employees: 51-200
Founded date: 1911
In the fast-paced world of construction and logistics, technology is the new backbone. Companies like Miter and Pallet are reshaping their industries with innovative solutions. They are not just riding the wave; they are creating it.
Miter, a cloud-based human capital management platform, recently secured $38 million in funding. This infusion of capital, led by Bessemer Venture Partners and Coatue Management, is a testament to the growing demand for streamlined operations in construction. Founded in 2021, Miter aims to simplify the complex web of human resources, finance, and operations for contractors.
Think of Miter as a Swiss Army knife for construction firms. It replaces outdated desktop applications with a unified platform. This allows contractors to manage everything from payroll to compliance with ease. The platform is designed to save time and reduce headaches. Contractors report saving 20-40 hours a week on payroll processing alone. That’s time that can be redirected to building projects, not paperwork.
Miter’s vision is ambitious. It seeks to empower contractors to build critical infrastructure—energy systems, housing, transportation, and data centers. With over 700 contractors already on board, Miter is proving its worth. It integrates seamlessly with leading construction ERPs and project management tools. This interoperability is crucial in an industry where every minute counts.
Meanwhile, in the logistics sector, Pallet is making waves with its AI workforce, CoPallet. The San Francisco-based company raised $27 million in Series B funding, bringing its total to $50 million. This round was led by General Catalyst, with participation from notable investors like Bain Capital Ventures and former tech executives.
Pallet’s CoPallet is like a digital assistant for logistics operators. It handles high-volume tasks such as order entry and quoting with human-level accuracy. This is a game changer in an industry often bogged down by manual processes. The funds will help Pallet expand its product and engineering teams, allowing it to scale its AI capabilities further.
Both Miter and Pallet are addressing significant pain points in their respective fields. The construction industry is notorious for its complexity. Contractors juggle multiple projects, each with unique staffing needs and compliance requirements. Miter’s platform automates many of these challenges, allowing contractors to focus on what they do best—building.
On the other hand, logistics is a race against time. Every second counts when managing freight and shipments. Pallet’s AI workforce takes the pressure off human operators, enabling them to handle more tasks efficiently. This not only improves productivity but also enhances accuracy, reducing costly errors.
The success of these companies highlights a broader trend: the increasing reliance on technology in traditional industries. As businesses face mounting pressures to improve efficiency and reduce costs, tech-driven solutions are becoming essential.
Investors are taking notice. The funding rounds for Miter and Pallet reflect a growing confidence in tech startups that address real-world problems. These companies are not just offering products; they are providing solutions that can transform entire industries.
Miter’s approach to human capital management is particularly noteworthy. By connecting HR, finance, and operations, it creates a cohesive ecosystem for contractors. This integration is vital in an industry where miscommunication can lead to costly delays. Miter’s platform acts as a central hub, ensuring that all parts of the operation are aligned.
Similarly, Pallet’s focus on AI in logistics is a forward-thinking strategy. The logistics sector is ripe for disruption, and AI can provide the edge needed to stay competitive. By automating routine tasks, Pallet allows human workers to focus on strategic decision-making. This shift not only enhances efficiency but also improves job satisfaction among employees.
As these companies continue to grow, they will likely face challenges. The construction and logistics industries are not known for their rapid adoption of new technologies. Resistance to change can be a significant hurdle. However, Miter and Pallet are well-positioned to overcome these obstacles. Their solutions address critical pain points, making them attractive to potential customers.
In conclusion, Miter and Pallet are shining examples of how technology can revolutionize traditional industries. Their recent funding rounds underscore the demand for innovative solutions in construction and logistics. As they continue to expand and refine their offerings, they will play a crucial role in shaping the future of their respective fields. The wave of tech-driven solutions is just beginning, and these companies are at the forefront. The construction and logistics sectors are evolving, and those who embrace change will thrive.
Miter, a cloud-based human capital management platform, recently secured $38 million in funding. This infusion of capital, led by Bessemer Venture Partners and Coatue Management, is a testament to the growing demand for streamlined operations in construction. Founded in 2021, Miter aims to simplify the complex web of human resources, finance, and operations for contractors.
Think of Miter as a Swiss Army knife for construction firms. It replaces outdated desktop applications with a unified platform. This allows contractors to manage everything from payroll to compliance with ease. The platform is designed to save time and reduce headaches. Contractors report saving 20-40 hours a week on payroll processing alone. That’s time that can be redirected to building projects, not paperwork.
Miter’s vision is ambitious. It seeks to empower contractors to build critical infrastructure—energy systems, housing, transportation, and data centers. With over 700 contractors already on board, Miter is proving its worth. It integrates seamlessly with leading construction ERPs and project management tools. This interoperability is crucial in an industry where every minute counts.
Meanwhile, in the logistics sector, Pallet is making waves with its AI workforce, CoPallet. The San Francisco-based company raised $27 million in Series B funding, bringing its total to $50 million. This round was led by General Catalyst, with participation from notable investors like Bain Capital Ventures and former tech executives.
Pallet’s CoPallet is like a digital assistant for logistics operators. It handles high-volume tasks such as order entry and quoting with human-level accuracy. This is a game changer in an industry often bogged down by manual processes. The funds will help Pallet expand its product and engineering teams, allowing it to scale its AI capabilities further.
Both Miter and Pallet are addressing significant pain points in their respective fields. The construction industry is notorious for its complexity. Contractors juggle multiple projects, each with unique staffing needs and compliance requirements. Miter’s platform automates many of these challenges, allowing contractors to focus on what they do best—building.
On the other hand, logistics is a race against time. Every second counts when managing freight and shipments. Pallet’s AI workforce takes the pressure off human operators, enabling them to handle more tasks efficiently. This not only improves productivity but also enhances accuracy, reducing costly errors.
The success of these companies highlights a broader trend: the increasing reliance on technology in traditional industries. As businesses face mounting pressures to improve efficiency and reduce costs, tech-driven solutions are becoming essential.
Investors are taking notice. The funding rounds for Miter and Pallet reflect a growing confidence in tech startups that address real-world problems. These companies are not just offering products; they are providing solutions that can transform entire industries.
Miter’s approach to human capital management is particularly noteworthy. By connecting HR, finance, and operations, it creates a cohesive ecosystem for contractors. This integration is vital in an industry where miscommunication can lead to costly delays. Miter’s platform acts as a central hub, ensuring that all parts of the operation are aligned.
Similarly, Pallet’s focus on AI in logistics is a forward-thinking strategy. The logistics sector is ripe for disruption, and AI can provide the edge needed to stay competitive. By automating routine tasks, Pallet allows human workers to focus on strategic decision-making. This shift not only enhances efficiency but also improves job satisfaction among employees.
As these companies continue to grow, they will likely face challenges. The construction and logistics industries are not known for their rapid adoption of new technologies. Resistance to change can be a significant hurdle. However, Miter and Pallet are well-positioned to overcome these obstacles. Their solutions address critical pain points, making them attractive to potential customers.
In conclusion, Miter and Pallet are shining examples of how technology can revolutionize traditional industries. Their recent funding rounds underscore the demand for innovative solutions in construction and logistics. As they continue to expand and refine their offerings, they will play a crucial role in shaping the future of their respective fields. The wave of tech-driven solutions is just beginning, and these companies are at the forefront. The construction and logistics sectors are evolving, and those who embrace change will thrive.