Meridian, Miami based startup building AI-powered deal management software for private market investors, has raised $7 million in a Seed round led by New York based VC firm 645 Ventures. Existing investor Chaac Ventures also participated, alongside a roster of high profile angel investors from private equity, credit, and M&A law.
Founded by Alexander Sen, a former investor at Blackstone, Thoma Bravo, and CVC Capital Partners, Meridian is positioning itself as the AI-native operating system for private markets. Its platform integrates CRM, workflow automation, and proprietary AI agents to streamline the end-to-end deal process, from origination to exit.
Private equity still runs on fragmented, manual systems: clunky software, Excel trackers, and scattered third-party data subscriptions. We’re building software that finally reflects how top investment teams source and diligence deals and we’ve vertically integrated AI to enable workflows that were never possible before.
said Alexander Sen, CEO of Meridian.
At the core of Meridian’s platform is Scout, an AI engine that maps markets, identifies potential deals, automates due diligence tasks, and surfaces actionable relationship intelligence. Meridian says it gives private equity teams a head start on high conviction deals before competitors are even aware of them.
Meridian’s team of 25 spans New York and Miami, with expertise in enterprise SaaS, AI infrastructure, and capital markets. The startup is currently gaining traction with some of the world’s largest private equity and credit firms and is expanding into adjacent verticals including LPs, investment banks, and hedge funds.
There’s a generational shift happening in private markets, more complexity, more competition, and more data. AI is a game changer for deal sourcing and due diligence. Meridian is arming investors with the system they’ll need to win.
said Nnamdi Okike, managing partner at 645 Ventures.
The new capital will be used to further develop Meridian’s AI capabilities, grow its product and engineering teams, and accelerate go-to-market efforts globally.
Software is no longer just overhead at private equity firms. it’s become a source of edge. The best investors are treating technology and data as central to how they generate outsized returns.
said Alexander Sen, CEO of Meridian.