Meridian

Founded in 2025 by John Ling (CEO), George Fang, and Zach Kirshner, Longitude Labs, Inc. doing business as Meridian operates from New York, US, and specializes in providing AI solutions for financial modeling. In February 2026, Meridian raised USD 17 million in seed funding co-led by Andreessen Horowitz and The General Partnership, with participation from QED Investors, FPV Ventures, and Litquidity. Meridian provides an AI-powered modeling layer for Excel, primarily designed for financial teams to enhance their workflow and efficiency in financial modeling and data analysis.

The core product integrates seamlessly into the familiar Excel environment, allowing users to automate the creation of financial models such as Discounted Cash Flow models and financial statements. Meridian's AI agent assists users in various tasks, including performing ratio analysis and financial calculations, thus enabling teams to analyze complex spreadsheet data with ease. The platform serves a wide array of financial professionals, including investment bankers and corporate finance teams, facilitating their work across various industries such as technology, healthcare, and finance. Meridian is marketed globally, catering to clients across North America, Europe, and Asia, making it a versatile tool for finance professionals in diverse geographical markets.

Meridian's revenue model is primarily based on software subscriptions, which provide access to its comprehensive suite of AI-driven financial modeling tools. Clients engage with the platform through a subscription-based structure that allows finance teams to utilize AI capabilities directly within their existing Excel spreadsheets. The nature of these transactions typically involves annual or monthly licensing fees, granting users the ability to automate complex modeling processes and enhance data accuracy in their financial analyses. Specific pricing plans are structured to accommodate different tiers of service based on the size and needs of the client, with flagship products focusing on advanced features for data reconciliation and model integrity.

Partnerships with market data providers and internal financial systems further solidify Meridian's position in the market, as it offers clients an integrated approach to managing their financial data and modeling requirements. The company plans to use the February 2026 funding to expand its AI tools for Excel and develop new features for financial modeling.