Key Takeaways
- • MeltPlan, a pre-construction AI platform founded in 2025, raised $10 million in seed funding led by Bessemer Venture Partners, with participation from Noa, bringing total funding to $14 million.
- • The company is building a "planning engine" for the $14 trillion construction industry, an AI system designed to optimise decisions and trade-offs before construction begins.
- • The platform brings four systems into one workflow: code, cost, schedule, and value, targeting decisions made before scope is locked and procurement starts.
- • MeltPlan is working with enterprise contractors including DPR Construction in California and Innovo Group in the UAE.
- • According to the company, its system has scored 95 per cent or higher on building inspector exams.
Summary
MeltPlan, a pre-construction AI platform founded in 2025, said it has raised $10 million in seed funding led by Bessemer Venture Partners, with participation from Noa. The round brings the company's total funding to $14 million, according to the company's announcement as reported by Business Standard. The proceeds will be used to further develop what MeltPlan calls a "planning engine" for the construction industry, an AI system intended to optimise decisions before construction begins, and to accelerate product development across code, cost, schedule, and value decision systems.
Co-founder and CEO Kanav Hasija, who previously co-founded health-tech startup Innovaccer, described the problem the company is targeting. He said construction projects often fail because preconstruction teams are fragmented and commit to plans too early with incomplete information. Co-founder and COO Tanmaya Kala, a Stanford-educated civil engineer who was a project executive at DPR Construction, said preconstruction functions as the operating system of a project. MeltPlan positions its software as a layer that sits between design tools, which optimise use and aesthetics, and construction tools, which optimise execution and control.
The planning engine combines four systems. The code system supports compliance for designers and inspectors. The cost system handles risk-based take-offs and bid levelling. The schedule system supports scenario planning before scope is set. The value system analyses impact and drives optimisation for owners and developers. The company says it is building a construction-native system rather than adapting general-purpose AI tools, and that its system has scored 95 per cent or higher on building inspector exams while it expands coverage across all trades and disciplines.
Pankaj Mitra, partner at Bessemer Venture Partners, said built environment workflows involve irreversible decisions made under uncertainty, and that MeltPlan's approach treats preconstruction as a system rather than a phase. MeltPlan is working with DPR Construction in California and Innovo Group in the UAE. Atul Khanzode of DPR Construction said the partnership is intended to reduce planning errors while speeding up preconstruction.
Co-founder and CEO Kanav Hasija, who previously co-founded health-tech startup Innovaccer, described the problem the company is targeting. He said construction projects often fail because preconstruction teams are fragmented and commit to plans too early with incomplete information. Co-founder and COO Tanmaya Kala, a Stanford-educated civil engineer who was a project executive at DPR Construction, said preconstruction functions as the operating system of a project. MeltPlan positions its software as a layer that sits between design tools, which optimise use and aesthetics, and construction tools, which optimise execution and control.
The planning engine combines four systems. The code system supports compliance for designers and inspectors. The cost system handles risk-based take-offs and bid levelling. The schedule system supports scenario planning before scope is set. The value system analyses impact and drives optimisation for owners and developers. The company says it is building a construction-native system rather than adapting general-purpose AI tools, and that its system has scored 95 per cent or higher on building inspector exams while it expands coverage across all trades and disciplines.
Pankaj Mitra, partner at Bessemer Venture Partners, said built environment workflows involve irreversible decisions made under uncertainty, and that MeltPlan's approach treats preconstruction as a system rather than a phase. MeltPlan is working with DPR Construction in California and Innovo Group in the UAE. Atul Khanzode of DPR Construction said the partnership is intended to reduce planning errors while speeding up preconstruction.
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