MeltPlan raises $10 mn in seed funding led by Bessemer Venture Partners | Start Ups - Business Standard

MeltPlan, a pre-construction AI platform founded in 2025, has successfully raised $10 million in seed funding, led by Bessemer Venture Partners, bringing its total funding to $14 million. The capital will be directed towards enhancing its innovative 'planning engine,' which aims to optimize preconstruction decisions in the $14 trillion construction industry. This AI-driven platform addresses a critical gap in the construction workflow by focusing on the preconstruction phase, where decisions are often made with incomplete information, leading to costly errors downstream. MeltPlan's technology integrates multiple systems—code compliance, cost estimation, scheduling, and value analysis—into a cohesive workflow, allowing teams to simulate various scenarios before finalizing plans. This approach not only enhances decision-making but also aims to reduce the volatility and risks associated with construction projects. The platform has already demonstrated impressive capabilities, scoring over 95% on building inspector exams, indicating its potential to revolutionize how construction teams plan and execute projects. With partnerships established with leading contractors like DPR Construction and Innovo Group, MeltPlan is positioned to redefine preconstruction processes, making them more efficient and less error-prone. The company's founders, Kanav Hasija and Tanmaya Kala, bring significant expertise from the tech and construction sectors, further bolstering MeltPlan's potential impact on the industry.