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Construction tech startup MeltPlan raises $10 million in round led by Bessemer Venture Partners

Reported by Economictimes ·Citybiz
Feb 26, 2026· 3 min read
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Key Takeaways
  • • MeltPlan, a construction technology startup founded in 2025, raised $10 million in seed funding led by Bessemer Venture Partners with participation from Europe-based venture capital firm Noa, bringing total funding to $14 million.
  • • The startup has developed an AI-native planning engine designed to identify construction risks and optimize decision-making during the pre-construction phase, addressing a market gap where planning failures create substantially higher costs than execution-stage corrections.
  • • MeltPlan's integrated platform comprises four systems: compliance pathways, quantity surveying and cost analysis, scenario-based scheduling, and impact analysis and optimization, with the company currently completing development of scheduling and value systems.
  • • The company plans to deploy capital toward enhancing its technology stack, strengthening vertical AI capabilities, and expanding its team from 14 employees (primarily based in India) to 30, while scaling operations across existing markets in the US and UAE and entering the Indian market.
  • • Cofounder and CEO Kanav Hasija previously founded Innovaccer, a healthtech AI infrastructure platform, while cofounder Tanmaya Kala brings construction engineering expertise from prior roles at DPR Construction.
Summary
MeltPlan, a construction technology startup, has secured $10 million in seed-stage funding in a round led by prominent venture capital firm Bessemer Venture Partners, with participation from European venture capital fund Noa. This investment brings the company's total funding to $14 million since its founding in 2025. The startup operates in the pre-construction planning technology segment, developing artificial intelligence systems designed to optimize critical decision-making before construction execution begins.

The company addresses a fundamental market inefficiency: construction projects experience significantly higher costs when planning failures are discovered and corrected at execution or late-stage phases compared to identification during the planning stage. As MeltPlan CEO and cofounder Kanav Hasija stated, "Construction problems don't fail at execution; they fail at planning. Unlike software, you can't fix a 'bug' after a building is constructed. Late-stage changes in this sector are extremely costly." This insight underpins the startup's positioning of an AI-native planning engine designed to surface risks and enable informed stakeholder decisions before construction commences.

MeltPlan's platform integrates four distinct systems addressing core pre-construction workflows: a compliance system for regulatory pathways, a cost system for quantity surveying and bid scoping, a schedule system for scenario-based sequencing, and a value system for impact analysis and optimization. The company has completed development of compliance and cost tools and is currently building the scheduling and value systems to establish a comprehensive planning engine.

The company currently operates with a team of 14 employees, primarily based in India, with plans to expand headcount to 30. MeltPlan serves clients in the United States and United Arab Emirates and plans to penetrate the Indian market in coming years. The fresh capital will be deployed toward enhancing its technology offering, strengthening its vertical AI stack, and team expansion. Hasija brings prior startup experience as founder of Innovaccer, a healthtech company providing AI infrastructure for healthcare automation, while cofounder Tanmaya Kala contributes domain expertise as a civil engineer with previous experience at construction firm DPR Construction.

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Sources

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AlphaMaven summarised this story from the reporting below. Each link opens the original article.

Economictimes Construction tech startup MeltPlan raises $10 million in round led by Bessemer Venture Partners Citybiz Defense Tech Startup Breaker Raises $6M Seed Led by Bessemer Venture Partners