Meridian is building an auditable, deterministic AI-powered financial modeling platform that combines AI with traditional tools to reduce hallucinations and increase reliability in financial institutions.

The platform targets improved spreadsheet predictability and audibility by applying AI to the modeling process, reinforcing reliability in financial analyses.

Meridian emerged from stealth with a $17 million seed round at a $100 million post-money valuation, led by Andreessen Horowitz and The General Partnership, with participation from QED Investors, FPV Ventures, and Litquidity Ventures.

The seed funding supports the development of an IDE-like, agentic financial modeling platform designed to make spreadsheets more predictable and auditable.

Funds are planned to expand engineering teams, deepen data integrations with enterprise sources like Salesforce, SAP, and Snowflake, and launch enterprise pilots, potentially via partnerships with management consultants and systems integrators.

The reasoning behind starting with spreadsheets is that the familiar Excel and Google Sheets environments lower user resistance while leveraging existing institutional data for rapid deployment of agentic capabilities.

Key architectural differentiators include deterministic outputs, full audit trails, enterprise-grade security, and seamless integration with existing data infrastructure.

Meridian uses a multi-agent framework with specialized agents for data ingestion, transformation, validation, and visualization, coordinated by an orchestrator that communicates with users in natural language and decomposes tasks into subtasks.

The platform relies on advances in LLMs, retrieval-augmented generation, and tool use to interact with APIs and databases, backed by proprietary guardrails for data integrity and explainable reasoning for compliance.

Roadmap includes expanding data integrations, developing modeling templates, enhancing collaboration features, and strengthening regulatory compliance documentation.

Investors are signaling growing confidence in enterprise-agent AI, with Meridian focusing on the spreadsheet domain rather than broad, general-purpose agents.

FAQ clarifies an agentic spreadsheet concept, Meridian’s standalone IDE approach, determinism importance, target modeling activities, and security measures.