MeltPlan Bags $10 Million Seed Funding from Bessemer to Build AI Preconstruction Engine

Written by: Team Angel OneUpdated on: 26 Feb 2026, 5:26 pm IST
MeltPlan secures $10 million seed round from Bessemer to build an AI planning engine for preconstruction decisions.
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MeltPlan, a preconstruction AI platform founded in 2025, announced a $10 million seed round led by Bessemer Venture Partners, bringing total capital raised to $14 million. 

Funding Details and Investor Participation 

The seed round was headed by Bessemer Venture Partners with additional participation from Noa. The $10 million will be allocated to further develop MeltPlan’s AI planning engine, a system intended to optimise code, cost, schedule and value decisions before construction begins. 

Product Vision and Core Systems 

MeltPlan’s platform integrates four decision systems into a single workflow. The code system guides regulatory compliance, the cost system supports risk‑based take‑offs, the schedule system enables scenario planning and the value system evaluates impact for owners and developers. 

Read More: Xflow Raises $16.6 Million in Series A Led by General Catalyst at $85 Million Valuation! 

Leadership and Industry Background 

Co‑founder and CEO Kanav Hasija previously co‑founded Innovaccer, a health‑tech company valued at $3 billion. COO Tanmaya Kala, a Stanford‑trained civil engineer, previously led large projects at DPR Construction. Their combined experience informs the platform’s focus on early‑stage decision optimisation. 

Early Performance and Pilot Partnerships 

The AI engine has achieved scores of 95% or higher on building inspector examinations. MeltPlan is currently piloting the system with contractors such as DPR Construction in California and Innovo Group in the UAE, aiming to reduce planning errors and accelerate preconstruction workflows. 

Conclusion 

The $10 million seed investment provides MeltPlan with resources to enhance its AI planning engine across code, cost, schedule and value dimensions, targeting the $14 trillion construction market. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Feb 26, 2026, 11:56 AM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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