Meridian Secures $7 Million In Seed Funding Led By 645 Ventures And Chaac Ventures
Building Size
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Asset Type
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Closing
Jun 23, 2025
About this deal
AI
Meridian, an AI-powered deal management platform based in New York City and Miami, has raised $7 million in Seed funding, primarily led by 645 Ventures, alongside participation from Chaac Ventures. This funding will assist Meridian in expanding its AI capabilities, product development, and implementing global go-to-market strategies.
Summary of transaction details:
- Deal Type: Seed
- Transaction Amount: $7,000,000
- Notable Investors: 645 Ventures, Chaac Ventures
Founded by CEO Alexander Sen, Meridian aims to offer an AI-native operating system specifically designed for institutional private markets. This system helps firms across private equity, credit, and mergers and acquisitions to efficiently originate, evaluate, and execute deals utilizing intelligent agents and extensive datasets.
Players
Market CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93