Meridian Raises $17 Million to Build AI-Driven Financial Modeling Workspace

New updates have been reported about Meridian.

Meridian, a New York–based startup focused on AI-powered financial modeling, has emerged from stealth with a $17 million seed round that values the company at $100 million post-money. Led by Andreessen Horowitz and The General Partnership, with participation from QED Investors, FPV Ventures, and Liquidity Ventures, the funding will support Meridian’s push to replace traditional spreadsheet workflows with a dedicated, IDE-style environment designed for institutional-grade finance teams.

CEO and co-founder John Ling positions Meridian as a more predictable, auditable alternative to typical large language model tooling, aiming to compress multi-hour modeling work into roughly 10 minutes while preserving bank-level rigor and repeatability. Instead of embedding AI agents directly into Excel, Meridian operates as a stand-alone modeling workspace similar to a code IDE, integrating external data sources and references while giving users full visibility into logic flows, assumptions, and audit trails; the company has already signed $5 million in contracts, is working with early customers such as Decagon and OffDeal, and is investing heavily in making outputs deterministic enough to meet the strict standards of financial institutions, drawing on a team that blends alumni of AI players like Scale AI and Anthropic with veterans of firms such as Goldman Sachs.