Patient capital for
impatient founders.
Meridian is a $480M early-stage fund. We lead pre-seed through Series A in AI, climate and infrastructure — then stay useful for the decade after the wire.
Four beliefs we underwrite
The thesis · Fund IVBoring infrastructure compounds.
The biggest outcomes of the next decade will look like plumbing in year one — payments rails, energy markets, data logistics. We are comfortable being early to unglamorous.
AI is a margin story, not a feature story.
We back teams using models to structurally change gross margin in old industries, not to add a chat box to new ones. Show us the unit economics before the demo.
Climate is an industrial revenue line.
The winners sell measurable savings to CFOs, not offsets to marketing. Compliance-driven demand is the strongest tailwind in software right now.
Founder judgment beats market maps.
Every fund says founders-first; our check-to-decision median is 9 days because we mean it. We have never taken more than two board seats per partner. Ever.
The portfolio
12 companies shownThe partners
Four GPs · no associates screening you out
Ex-CTO of a data company he grew to $220M ARR. Reads eval suites the way others read term sheets.
Built carbon markets at two exchanges before deciding to fund the people replacing them.
Founded, scaled and sold a payroll platform. Still answers founder texts during board meetings — usually other boards'.
MD-turned-operator. Ran clinical ops for a telehealth unicorn; now underwrites biology with a straight face.
No warm intro?
No problem.
A third of our portfolio arrived through this form — cold. Every submission is read by a general partner, and everyone gets an answer. That's the whole trick.