Meridian has secured a $7 million seed round led by 645 Ventures, with continued support from Chaac Ventures and a group of high-impact angel investors.
Initial funding came from founder contributions, a close-knit circle of friends and family, and customer revenue — often considered the most validating form of capital.
This new investment provides the resources to accelerate growth and deepen the platform's influence in transforming how private equity firms source and close deals.
Over the past year, leading global private equity firms have transitioned from outdated systems to Meridian. The platform has become a vital tool for deal teams focused on thematic sourcing and generating proprietary deal flow.
“Before Meridian, I spent years as an investor evaluating companies. Flipping sides was fascinating. You realize how commoditized capital has become, and how essential it is to find a partner who gives you lift, not just runway,” said Alex Sen, founder and CEO of Meridian.
Multiple term sheets at the same valuation were presented by firms held in high regard. 645 Ventures emerged as the lead due to their hands-on approach, delivering value early through customer introductions, top-tier talent referrals, and a strong founder-first ethos.
“I’m excited to turn my attention back to building and to relentlessly focus on helping our customers source better deals,” added Alex Sen.