Pre-construction AI platform, MeltPlan, has raised $10 million in seed funding led by Bessemer Venture Partners, with participation from noa. The company has now raised a total of $14 million. The funds will support the development of its planning engine for the $14 trillion construction industry.
MeltPlan said it is building software that optimises decisions before construction begins. The platform focuses on decision systems for code, cost, schedule, and value.
“Construction does not fail because teams are not skilled or execute poorly,” said Kanav Hasija, co-founder and CEO of MeltPlan. “It fails because preconstruction teams are fragmented and commit too early with incomplete information.”
He added that the company is developing an AI system that enables teams to assess constraints, test scenarios and reach alignment before plans are finalised.
Hasija previously co-founded Innovaccer. He is joined by co-founder and COO Tanmaya Kala, a civil engineer and former project executive at DPR Construction.
MeltPlan is working with enterprise contractors, including DPR Construction in California and Innovo Group in the UAE.
“Built environment workflows are full of irreversible decisions made under uncertainty,” said Pankaj Mitra, Partner at Bessemer Venture Partners. “MeltPlan is approaching preconstruction as a system, not a phase.”
The company said its AI system is designed for construction and can understand building codes, materials, sequencing and procurement. It claims the system has scored 95 per cent or higher on building inspector exams.
The planning engine will include four systems covering compliance, cost, scheduling and value analysis. The company said the platform will help teams simulate outcomes before committing to decisions.
Hasija said construction should run without disruption, while planning should involve rigorous effort. He said stress during construction indicates earlier mistakes.
Kala said preconstruction is often seen as just a stage, but it functions as the core system that guides the entire project.
“As responsible contractors, we always believe in investing more time in preconstruction,” said Atul Khanzode of DPR Construction. He said the company looks forward to working with MeltPlan to cut planning errors and accelerate the preconstruction process.
(With inputs from bl intern Tejaswini S)
Published on February 26, 2026