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Funding · AI & Deep Tech

MeltPlan raises $10M seed from Bessemer

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Date
Company
MeltPlan
What it does
Pre-construction AI platform
Kind
Funding
Amount
$10M
Stage
seed
Founded
2025
Sector
AI & Deep Tech

What they do

MeltPlan is an AI platform that helps construction teams make better decisions before building starts

What happened

It raised $10 million in seed funding led by Bessemer Venture Partners, with Noa participating

Why it matters

The co-founder previously built Innovaccer, a healthtech company valued at $3 billion

The details

  • MeltPlan raised $10 million in seed funding.
  • The round was led by Bessemer Venture Partners.
  • Noa, a European VC, also participated.
  • The company has raised $14 million in total to date.
  • MeltPlan will use the funds to enhance its technology and expand its team.
  • The team currently has 14 employees, mostly in India, and plans to grow to 30.
  • MeltPlan plans to enter the Indian market in the coming years.

The bigger picture

  • The construction industry is a $14 trillion market globally.
  • MeltPlan's AI system scored 95% or higher on building inspector exams.
  • The co-founder previously built Innovaccer, a healthtech unicorn valued at $3 billion.

About the business

  • MeltPlan is a pre-construction AI platform founded in 2025.
  • Its AI-native 'planning engine' optimizes decisions before construction begins.
  • The platform has four integrated systems: code, cost, schedule, and value.
  • The code system provides compliance pathways for architects, engineers, and inspectors.
  • The cost system handles risk-oriented takeoffs, quantity surveys, bid scoping, and leveling.
  • The schedule system enables scenario-based sequencing and what-if planning.
  • The value system offers impact analysis and optimization recommendations for owners and developers.
  • Clients include DPR Construction (California) and Innovo Group (UAE).

What happens next

  • Enhance technology offering and strengthen vertical AI stack.
  • Expand team from 14 to 30 employees.
  • Enter the Indian market in the coming years.

The deal

Type
seed

Investors

  • Bessemer Venture Partners (lead) — A venture capital firm that led the seed round.
  • Noa (participated) — A European venture capital firm that participated in the round.

Founders

  • Kanav Hasija, co-founder and CEO
  • Tanmaya Kala, co-founder and COO

About MeltPlan

Product
AI planning engine system designed to understand building codes, materials, sequencing, procurement and construction methods; optimizes code, cost, schedule and value decisions
Customers
Construction companies and project teams planning and optimizing preconstruction phase decisions
How it makes money
B2B software providing AI-driven preconstruction planning and optimization
What sets it apart
Scores 95%+ on building inspector exams; fills missing optimization layer between design and construction software; focuses on upstream decision optimization before plans are frozen

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