Tired of ads? Enjoy an ad-free experience by signing up.
👩‍🍳 How we use AI at Tech in Asia, thoughtfully and responsibly.
🧔‍♂️ A friendly human may check it before it goes live. More news here

Bessemer leads $10m round in AI construction startup MeltPlan

Construction tech startup MeltPlan has raised US$10 million in a funding round led by Bessemer Venture Partners, with participation from Noa, a European venture capital firm.

The company says it will use the funds to enhance its tech offering, strengthen its vertical AI stack, and expand its team from 14 to 30 employees, primarily in India.

MeltPlan offers an AI-based platform designed to optimize decision-making before construction begins, aiming to reduce costly changes during project execution, CEO Kanav Hasija says.

Founded in 2025 by Hasija and civil engineer Tanmaya Kala, MeltPlan has clients in the US and United Arab Emirates and plans to tap into the Indian market in the coming years.

🔗 Source: The Economic Times

🧠 Food for thought

Implications, context, and why it matters.

An experienced founding team drives MeltPlan’s early enterprise traction

  • MeltPlan’s founders bring a strong mix of experience. CEO Kanav Hasija previously co-founded healthtech unicorn Innovaccer, while Tanmaya Kala is a former DPR Construction executive 1.
  • That background helps with early customer access. MeltPlan works with enterprise contractors such as DPR Construction in California and Innovo Group in the UAE 1.
  • The platform tackles a common snag in preconstruction where trust between clients and architects can fray due to unclear expectations, communication, and decision-making 2. Hasija says MeltPlan lets teams simulate outcomes before plans are finalized through code compliance pathways, cost and bid scoping (quantity surveying), scenario-based scheduling, and impact analysis with optimization, which can make planning clearer and reduce changes during execution 1.

AI in construction is moving toward upfront planning alongside on-site tools

  • MeltPlan’s funding signals a move in construction AI toward preconstruction planning. On-site tools like safety monitoring and progress tracking are widespread, while MeltPlan focuses on decisions before construction starts 3.
  • The aim is to cut expensive mid-project changes, which differs from AI-based quality assurance. McKinsey, quoted in Logiciel’s roundup, puts AI-based QA savings at 10% to 20% of rework costs 3. AI also covers contract analysis, risk assessment, and cost estimation 4.
  • The round joins a surge in funding for construction tech startups 5. Investors are backing AI platforms that connect workflows into more integrated project ecosystems and support data-driven foresight 3.

Stay ahead in Asia’s tech landscape

You've reached your 2 free content limit for the month. Sign up for free to read the full story.

🏄 For casual readers / 👶 Free

Basic

US$0

Free forever

Get instant access to this article and more every month

0 premium content

Unlimited news briefs

5

5 articles

Ad-free reading experience

Just US$0 per day

⌛Sign up in 20s. No payment details needed.

📖 For learners / 👍 Starter

Lite

US$4.92/month

Billed annually at US$59/year

Get instant access to this article and more every month

4

4 premium content

Unlimited news briefs & articles

Ad-free reading experience

Just US$0.17 per day

Cancel anytime

Our subscriber community includes professionals from these companies:

Stay updated on the go with our mobile app.

Get latest insights with smoother, more personalized experience through TIA mobile app.