nPlan raises $16M Series B to scale its AI-led transformation of capital project delivery

17^th October 2025 — London-based nPlan has quietly built a global leadership position in AI for project controls and delivery. Today, the company announced it has raised $16 million in Series B funding in a round led by CapHorn, Chevron Technology Ventures, and Suffolk Technologies, with continued support from GV (Google Ventures), Pentech Ventures, and LocalGlobe.

nPlan applies cutting-edge AI to the $10 trillion global construction industry, using the world’s largest dataset of completed project schedules - more than 750,000 projects representing over $2.5 trillion of capital spend. nPlan’s AI enables project owners and contractors to forecast and surface hidden risks, allowing teams to act before delays, cost escalations, and disputes materialise. This improves outcomes and delivery on the world’s most complex projects and portfolios. To date, nPlan has saved its customers well over $1.2B. 

“The UK has led the way in AI for construction since our inception in 2017. I’m proud to continue that leadership,” said Dev Amratia, CEO and Co-Founder of nPlan. “We’ve been quietly building a new standard for capital delivery with customers all over the world. This funding allows us to scale that transformation - proving that a UK company can lead globally in one of the most important applications of AI.”

Solving one of the world’s biggest problems

The construction industry underpins economies, societies, and the transition to net zero - yet it faces chronic performance issues. Studies show six out of seven large-scale projects finish late, with one in ten overrunning by more than a year. These failures destroy business cases, delay public benefits, and undermine confidence in public and private investment.

The root causes of these issues are optimism bias and overwhelming project complexity - weaknesses that traditional tools like Quantitative Schedule Risk Analysis (QSRA) have consistently failed to overcome. nPlan’s AI offers a new approach, delivering probabilistic forecasts and surfacing hidden risks so project teams can act before delays materialise.

From UK railways to global megaprojects

nPlan’s AI is already in use on more than $500 billion worth of live projects worldwide.

In the UK, nPlan’s AI is used by the likes of HS2, Network Rail, and the Transpennine Route Upgrade (TRU) to assure delivery of critical infrastructure programmes. TRU has gone further, contractualising the use of nPlan for assuring possessions - a clear indication of how central the technology has become to their delivery approach - while Anglian Water is applying nPlan across a portfolio of over 1,400 projects to guide a near-tripling of its capital investment. Globally, customers include Chevron and Shell in energy, MTR in Hong Kong, and NEOM in Saudi Arabia.

These engagements are creating a new evidence base for how major programmes can actually be assured and de-risked.

A growing ecosystem of AI products

nPlan has continued to invest heavily in R&D, and the Series B raise follows the release of several breakthrough tools: Barry, the first AI assistant for project decision-making; Schedule Studio, a generative AI system that can transform scope documents into logic-linked schedules in seconds; nPlan Insights Pro, used for forecasting and risk management for individual projects; and nPlan Portfolio, for identifying systemic risk and managing resource optimization across portfolios.

Together, these tools are shifting capital delivery away from backwards-looking reporting toward continuous, proactive management - allowing teams to act on risks before they become crises.

Scaling a UK-born category leader

With this new funding, nPlan will expand its London headquarters, grow its international presence in North America, the Middle East, and Asia-Pacific, and accelerate its R&D investment in predictive and generative AI for project delivery.

“The presence of both Chevron and Suffolk in this round is hugely significant,” added Amratia. “It shows that both sides of the industry - project owners and contractors - see AI as the way forward. By investing in nPlan, they are not just adopting the technology, they are choosing to shape and share in the future of how capital projects get delivered.”

“We are excited to back nPlan as it scales a category it has already defined,” said Flora Coppolani, Partner at CapHorn. “The company has demonstrated impressive momentum - growing a global customer base, delivering real value to both owners and contractors, and continuing to push the boundaries with its approach to R&D. nPlan combines world-class leadership with a technology platform that is already reshaping capital project delivery, and we believe it is uniquely positioned to become indispensable to the industry.”