Meridian AI Secures $17M Seed Funding to Revolutionize Agentic Spreadsheets in Financial Modeling

Meridian AI has emerged from stealth with a massive $17 million seed funding round to redefine financial modeling through agentic spreadsheets.

The round, achieving a $100 million post-money valuation, was led by a16z and the General Partnership, with key participation from QED Investors, FPV Ventures, and Litquidity Ventures.

Funding Fuels AI Innovation in Finance

New York-based Meridian combines expertise from AI powerhouses like Scale AI and Anthropic with financial veterans from Goldman Sachs.

CEO and co-founder John Ling envisions transforming hours-long financial modeling tasks into mere 10-minute processes.

The Rise of Agentic Spreadsheets

Historically, spreadsheets have dominated finance, but AI agents promise to automate complex analyses amid rising demand for efficiency.

Meridian's standalone IDE-like workspace, akin to Cursor, integrates data sources for predictable, auditable outputs unlike hallucination-prone tools.

This contrasts with Excel-integrated agents like Shortcut AI, prioritizing determinism essential for banking uniformity over software engineering variability.

Ling emphasizes removing doubt from LLM processes, ensuring logic flows and assumptions are transparent and verifiable.

Impact and Future Horizon

Already securing $5 million in contracts with teams at Decagon and OffDeal, Meridian addresses enterprise hurdles in AI deployment.

The funding accelerates platform development, potentially slashing costs in a market where human-led analysis remains exorbitantly expensive.

As AI tames spreadsheets, Meridian positions itself at the forefront of reliable agentic tools, heralding a new era of financial productivity.