AI Startup MeltPlan Nets $10 Mn To Fuel Product Development

SUMMARY

The funding round was led by Bessemer Venture Partners, with participation from European early-stage tech investment firm Nova

The funds will be used to further develop its “planning engine”, which is the AI system designed to optimise decisions before construction begins

MeltPlan’s construction-native AI system is designed to understand building codes, materials, sequencing, procurement, and construction methods

AI-native preconstruction startup MeltPlan has secured $10 Mn (about ₹90.9 Cr) in a seed funding round led by Bessemer Venture Partners, with participation from European early-stage tech investment firm noa.

Founded in 2025 by ex-Innovacer CPO Kanav Hasija and ex- DPR Construction executive Tanmaya Kala, MeltPlan designs AI agents that understand building codes, materials, sequencing, procurement, and construction methods.

It plans to use the fresh capital to further develop its “planning engine”, which is the AI system designed to optimise decisions before construction begins. Further, some of the capital will also help fuel it develop software across code, cost, schedule and value decision systems.

The ‘planning engine’ consists of four integrated systems, namely code, cost, schedule and value, through which MeltPlan aims to help clients simulate outcomes before committing to them.

“We’re building an AI system that allows teams to evaluate constraints, run scenarios, and align before plans are frozen,” Hasija said.

MeltPlan said that, with this capital infusion, its overall funding stands at $14 Mn till date.

The startup works with enterprise contractors like DPR Construction in California and Innovo Group in UAE to assist in the preconstruction phase of construction.

The investment comes at a time when a plethora of startups are exploring the potential of AI to address everyday challenges and develop innovative solutions that simplify tasks across a wide range of sectors.

With a market opportunity of $14 Tn in the construction industry, SaaS-based remote property intelligence startup Attentive.ai secured $30.5 Mn (about INR 270.5 Cr) to accelerate the development of its next-generation AI products and support expansion into new markets, in November last year. Meanwhile, proptech startup WeHouse raised INR 25 Cr (around $2.8 Mn) in a mix of debt and equity, to upgrade its tech stack last September.

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