MeltPlan, a pre-construction artificial intelligence platform founded in 2025, has raised $10 million in Seed funding led by Bessemer Venture Partners, with participation from noa, according to the company’s official announcement dated February 26, 2026. The latest round brings MeltPlan’s total funding to $14 million and positions the startup within a growing segment of construction technology focused on upstream decision intelligence rather than field execution.
The company says the new capital will be used to further develop its “planning engine,” an AI system intended to optimise decision-making before construction begins. MeltPlan is targeting what it describes as a structural inefficiency in the $14 trillion global construction sector: fragmented preconstruction workflows and early commitments made with incomplete information.
Chief Executive Officer Kanav Hasija, previously a co-founder of Innovaccer, stated in the release that construction projects tend to fail not because of execution quality, but because teams commit prematurely under uncertainty. MeltPlan’s approach aims to provide structured scenario analysis before plans are finalised.
Construction-Native AI System
MeltPlan describes its product as a construction-native AI system designed to understand building codes, materials, trade sequencing, procurement processes, and construction methodologies. The company claims the system has scored 95 per cent or higher on building inspector examinations, though independent validation of this benchmark has not been publicly disclosed.
The platform is structured around four integrated components:
- Code System: Context-aware compliance guidance for architects, engineers, and inspectors
- Cost System: Risk-oriented takeoffs, quantity surveys, and bid-levelling tools
- Schedule System: Scenario-based sequencing and what-if planning
- Value System: Quantitative tradeoff modelling for owners and developers
The intent, according to MeltPlan, is not to digitise existing workflows, but to simulate likely outcomes before irreversible commitments are made.
MeltPlan reports that it is working with DPR Construction in California and Innovo Group in the United Arab Emirates during the planning or preconstruction phase of projects. Atul Khanzode of DPR Construction noted in the release that increased investment in preconstruction can reduce planning errors while accelerating early-stage timelines.
The company was founded by Hasija and Tanmaya Kala, a Stanford-educated civil engineer who previously served as a project executive at DPR Construction. Their combined backgrounds span enterprise software and large-scale commercial construction.
The funding round was led by Bessemer Venture Partners, a firm with a long history of backing enterprise software and infrastructure startups. Partner Pankaj Mitra stated that built environment workflows frequently involve irreversible decisions made under uncertainty and characterised MeltPlan’s approach as system-level intervention rather than incremental tooling.
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