Key Takeaways
- • MeltPlan, a Berkeley-based pre-construction AI platform founded in 2025, secured $10 million in seed funding led by Bessemer Venture Partners with participation from noa, closing in February 2026.
- • The startup has developed an AI-native platform featuring Melt Code (AI-powered building code research), Melt Takeoff (automated quantity takeoffs), and bid-leveling tools designed to improve contractor decision-making before construction begins.
- • Founded by Kanav Hasija and Tanmaya Kala, MeltPlan is already embedded with enterprise contractors including DPR Construction and Innovo Group, positioning it within the $14 trillion construction industry.
- • Bessemer Venture Partners, with a track record of 150+ IPOs and 350+ portfolio companies, led the round as part of its broader construction technology investment thesis.
- • Capital will be deployed to accelerate product development across code, cost, schedule, and value modules, while deepening partnerships with forward-thinking construction teams.
Summary
MeltPlan, a pre-construction artificial intelligence platform headquartered in Berkeley, California, has closed a $10 million seed funding round led by top-tier venture capital firm Bessemer Venture Partners. NoaVC participated as an additional investor in the February 2026 round. The startup, founded in 2025 by Kanav Hasija and Tanmaya Kala, enters a competitive landscape focused on applying machine learning and automation to early-stage construction planning and decision-making.
The platform addresses a critical inefficiency in the construction planning workflow through three core product modules. Melt Code leverages AI to automate building code research, a traditionally manual and time-intensive process. Melt Takeoff handles automated quantity takeoffs—the quantification of materials needed for projects—reducing manual measurement errors and accelerating bid preparation. Additionally, the platform includes bid-leveling capabilities that help contractors systematically evaluate competitive bids and project cost structures, improving transparency and reducing information asymmetry in the bidding process.
MeltPlan has already secured traction with marquee enterprise customers, including DPR Construction and Innovo Group, validating product-market fit among sophisticated, large-scale contractors. These partnerships suggest adoption potential within a industry that has historically been fragmented and resistant to technology adoption. The $14 trillion global construction industry remains significantly underinvested in software automation relative to other sectors, creating a substantial addressable market.
Bessemer Venture Partners' leadership of the round underscores institutional conviction in the construction technology thesis. The firm, which has backed over 350 companies and achieved 150+ IPOs across diverse sectors, operates investment teams across major technology and financial hubs including San Francisco, New York, Boston, London, Bangalore, and Tel Aviv. The capital will be deployed to accelerate product development across MeltPlan's core modules and expand enterprise partnerships, positioning the company for potential follow-on funding as it scales revenue and user adoption among contractors.
The platform addresses a critical inefficiency in the construction planning workflow through three core product modules. Melt Code leverages AI to automate building code research, a traditionally manual and time-intensive process. Melt Takeoff handles automated quantity takeoffs—the quantification of materials needed for projects—reducing manual measurement errors and accelerating bid preparation. Additionally, the platform includes bid-leveling capabilities that help contractors systematically evaluate competitive bids and project cost structures, improving transparency and reducing information asymmetry in the bidding process.
MeltPlan has already secured traction with marquee enterprise customers, including DPR Construction and Innovo Group, validating product-market fit among sophisticated, large-scale contractors. These partnerships suggest adoption potential within a industry that has historically been fragmented and resistant to technology adoption. The $14 trillion global construction industry remains significantly underinvested in software automation relative to other sectors, creating a substantial addressable market.
Bessemer Venture Partners' leadership of the round underscores institutional conviction in the construction technology thesis. The firm, which has backed over 350 companies and achieved 150+ IPOs across diverse sectors, operates investment teams across major technology and financial hubs including San Francisco, New York, Boston, London, Bangalore, and Tel Aviv. The capital will be deployed to accelerate product development across MeltPlan's core modules and expand enterprise partnerships, positioning the company for potential follow-on funding as it scales revenue and user adoption among contractors.
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