MeltPlan & Bessemer Target AI Transformation in Construction Planning 2026

LONDON, February 26, 2026 — MeltPlan, a San Francisco-based construction technology startup, has secured $14 million in Seed funding led by Bessemer Venture Partners, as reported by TechFundingNews. Founded in 2025, MeltPlan aims to revolutionize the $14 trillion construction industry by leveraging artificial intelligence (AI) to solve costly inefficiencies in pre-construction planning.

Executive Summary

• MeltPlan raised $14M in Seed funding led by Bessemer Venture Partners.
• The company’s AI-powered “Planning Engine” addresses inefficiencies in pre-construction planning.
• MeltPlan’s system checks code, cost, schedule, and value constraints in real-time.
• The startup is piloting its technology with industry leaders in California and the UAE.

Key Developments

Construction inefficiencies remain a critical challenge, with projects often exceeding budgets by 30% and timelines by 20%. MeltPlan, founded in 2025 by CEO Kanav Hasija and COO Tanmaya Kala, aims to address these inefficiencies by focusing on the pre-construction phase, which is often plagued by fragmented data and manual trade-off decision-making. MeltPlan’s proprietary AI system, called the “Planning Engine,” integrates four key modules—code, cost, schedule, and value—to optimize plans before construction begins.

Backed by $14 million in Seed funding led by Bessemer Venture Partners, alongside noa and WND Ventures, MeltPlan plans to expedite the development of its platform. Unlike competitors such as Autodesk Construction Cloud and Procore, MeltPlan’s system is built specifically for pre-construction planning and achieves industry-leading accuracy, scoring 95%+ on building inspector exams.

The startup is currently piloting its technology with DPR Construction in California and Innovo Group in the UAE, focusing on reducing planning errors and expensive rework. According to Jess Clemans, Principal at noa, MeltPlan’s advantage lies in its deep product expertise and construction-native AI models, which outperform commercial platforms by a significant margin in accuracy and transparency.

Market Context

The construction industry, valued at $14 trillion globally, has long struggled with productivity issues and budget overruns. Despite advancements in technologies such as Building Information Modeling (BIM) and on-site management software, pre-construction planning remains a bottleneck. Existing tools primarily focus on execution and field management, leaving early-stage decision-making largely manual and error-prone.

AI adoption in construction is still in its infancy, but its potential to address inefficiencies is immense. According to McKinsey, automating decision-making processes in construction could save the industry hundreds of billions annually. Companies like MeltPlan are uniquely positioned to capitalize on this opportunity by targeting the pre-construction phase, which has historically been overlooked by technology providers.

BUSINESS 2.0 Analysis

MeltPlan’s entry into the market represents a significant shift in how the construction industry approaches planning. By focusing on the pre-construction phase, the company is addressing a critical pain point that has long been ignored. The integration of AI to evaluate constraints such as code, cost, schedule, and value in real-time sets MeltPlan apart from its competitors. This approach not only reduces errors but also enables stakeholders to make informed decisions early in the project lifecycle.

Kanav Hasija’s background as co-founder of Innovaccer, a $3 billion health tech unicorn, brings a unique perspective to MeltPlan’s strategy. For more on [related ai developments](/top-10-llm-models-by-market-share-in-2026-15-february-2026). His experience in leveraging AI for complex problem-solving in healthcare is directly applicable to the construction industry’s challenges. Meanwhile, COO Tanmaya Kala’s hands-on experience in managing multimillion-dollar projects ensures the company’s solutions are grounded in real-world applications.

What’s particularly noteworthy is MeltPlan’s commitment to building proprietary AI models tailored specifically for construction. This stands in stark contrast to competitors who rely on off-the-shelf solutions. The company’s Planning Engine not only outperforms existing platforms in accuracy but also provides full transparency, a crucial factor for gaining stakeholder trust.

Given its focus on pre-construction planning, MeltPlan has the potential to redefine how construction projects are managed. If successful, the company could set a new standard for efficiency and profitability in the industry.

Why This Matters for Industry Stakeholders

For contractors and developers, MeltPlan’s technology provides a much-needed solution to reduce costly delays and budget overruns. By shifting the heavy lifting to the planning phase, the company enables teams to identify and address potential issues before construction begins.

Investors should also take note of MeltPlan’s unique approach. With the construction industry’s productivity gap estimated at $1.6 trillion annually, the market opportunity for pre-construction AI tools is enormous. MeltPlan’s early traction with major players like DPR Construction and Innovo Group underscores its potential for scalability.

Additionally, MeltPlan’s focus on transparency and construction-native AI models addresses a critical need for accountability in the industry. This could make the company a preferred partner for stakeholders looking to mitigate risks and improve outcomes.

Forward Outlook

As MeltPlan continues to develop its platform, the company is well-positioned to capture a significant share of the pre-construction technology market. Its pilots with DPR Construction and Innovo Group serve as proof points for the platform’s effectiveness and scalability.

Looking ahead, MeltPlan’s success will depend on its ability to expand its customer base and refine its technology. For more on [related ai developments](/sap-servicenow-snowflake-advance-enterprise-ai-platforms-in-2026-27-01-2026). The company’s focus on building proprietary AI models gives it a competitive edge, but scaling these solutions across diverse markets will be a critical challenge.

Additionally, as competitors like Autodesk and Procore continue to evolve their offerings, MeltPlan will need to maintain its technological edge. However, with strong backing from Bessemer Venture Partners and a clear focus on addressing industry pain points, the company is well-positioned for growth in 2026 and beyond.

Key Takeaways

• MeltPlan raised $14M in Seed funding to tackle inefficiencies in construction planning.
• The company’s AI-powered Planning Engine integrates code, cost, schedule, and value modules.
• Initial pilots with DPR Construction and Innovo Group aim to reduce planning errors.
• MeltPlan’s proprietary AI models outperform commercial platforms in accuracy and transparency.
• With a $14 trillion market opportunity, MeltPlan is poised for significant growth in 2026.

References

1. Source: TechFundingNews
2. Bessemer Venture Partners
3. McKinsey: Reimagining Construction
4. More AI Coverage
5. More Construction Coverage