Funding · AI & Deep Tech
MeltPlan raises $10M seed from Bessemer
By Startup Enthusiast ·
- 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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