Meridian, an AI startup focused on automating repetitive financial modeling workflows, has announced a $17 million seed funding round as it emerges from stealth. The $17 million seed round was co-led by Andreessen Horowitz and The General Partnership. Additional investors include QED Investors, FPV Ventures, and Litquidity, among others.
The company was founded by John Ling, alongside Zach Kirshner and George Fang. Over the past several months, the team has been building AI agents designed to automate recurring Excel-based workflows commonly used across banking, private equity, real estate, and other financial services sectors.
Meridian’s platform focuses on reducing manual, repetitive spreadsheet tasks while maintaining auditability. Every output generated by the system is traceable to source data, allowing finance professionals to verify and trust the results—a critical requirement in institutional finance environments.
The company says it is already working with customers, including Decagon, OffDeal, a top investment bank, and other financial institutions. According to Meridian, its AI agents can reduce time spent in Excel workflows by up to 90 percent.
Meridian is positioning itself as infrastructure for finance teams that rely heavily on spreadsheets and seek greater automation, transparency, and efficiency in their modeling processes. The company plans to use the new capital to expand its reach to additional finance organizations and accelerate product development.
KEY QUOTE:
“If your job involves updating the same Excel models over and over (refreshing forecasts, pulling from filings, rebuilding the same templates with new data), that’s exactly what our agents automate. Every output traces back to source data, so you can actually trust and verify the work.”
John Ling
