MeltPlan Raises 10 Million Dollars to Build AI Planning Engine for Construction Industry

Share this post :

Facebook
Twitter
LinkedIn
Pinterest

Seed Round Strengthens MeltPlan’s Vision

MeltPlan has raised 10 million dollars in a Seed funding round led by Bessemer Venture Partners, with participation from noa. The latest round brings the company’s total funding to 14 million dollars.

The capital will be used to further develop its core product, a planning engine designed specifically for the construction industry.

Solving Construction’s Upstream Problem

Construction is one of the largest industries in the world, valued at roughly 14 trillion dollars. Yet projects frequently run over budget or behind schedule.

According to Kanav Hasija, Co founder and CEO of MeltPlan, the issue is not poor execution on site. It is fragmented decision making before construction even begins.

Pre construction teams often commit to scope and procurement with incomplete information. Once decisions are locked in, change orders and delays become costly and difficult to manage.

MeltPlan is focused on solving this upstream challenge.

Building a Construction Native AI System

Unlike general purpose AI tools that are later adapted for construction, MeltPlan is developing a construction native AI platform.

Its planning engine is built to understand building codes, material constraints, sequencing, procurement cycles, and construction methodologies.

The platform integrates four core systems:

Code system
Cost system
Schedule system
Value system

Together, these systems aim to help teams evaluate trade offs, simulate outcomes, and align decisions before execution begins.

From Stressful Execution to Predictable Delivery

Hasija, who previously co founded Innovaccer, believes construction should feel predictable once work begins.

His view is clear. If the construction phase is stressful, something likely went wrong in planning.

Co founder and COO Tanmaya Kala, a Stanford educated civil engineer, describes pre construction as the operating system of a project rather than just a phase. When upstream decisions evolve thoughtfully, downstream execution becomes stable and less volatile.

What Comes Next

With fresh funding in place, MeltPlan plans to accelerate product development across its code, cost, schedule, and value systems.

The company is positioning itself as a new layer in construction technology. Not design software. Not execution software. But a decision intelligence layer that sits before both.

If the approach gains adoption, MeltPlan could reshape how large scale construction projects are planned and delivered.