When was Meridian founded?

Meridian was founded in 2011 and raised its 1st funding round within a year of its incorporation.

Where is Meridian located?

Meridian is headquartered in Portland, United States.

How many employees does Meridian have?

As of May 31, 2026, the latest employee count at Meridian is 2.

Is Meridian a funded company?

Meridian is a funded company, having raised a total of $2.92M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Nov 14, 2011.

When was the latest funding round of Meridian?

Meridian's latest funding was a $***** Seed round on Aug 29, 2012, with participation from 0 investor. Its primary sector is In Store Retail Tech. In United States, the In Store Retail Tech sector has seen $381M in funding in 2026 to date.

Where does Meridian rank among its competitors?

Meridian ranks 63rd amongst 788 active competitors, of which 73 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Xona Space Systems, which secured $170M in Mar, 2026.

Who are the top competitors of Meridian?

Meridian's top competitors include TomTom, Xona Space Systems and NextNav. Among them, Xona Space Systems secured the most recent funding round in March, 2026.

Meridian - 2026 Company Profile, Team, Funding & Competitors

Meridian is an acquired company based in Portland (United States), founded in 2011 by Nick Farina. It operates as a Location-based software platform. Meridian has raised $2.92M in funding from Oregon Venture Fund. The company has 788 active competitors, including 73 funded and 38 that have exited. Its top competitors include companies like TomTom, Xona Space Systems and NextNav.

Company Details

Meridian is an enterprise mobile software company for location-based businesses. Retailers, hospitals, museums, subways, corporate campuses and other venues use the Meridian’s platform to build indoor-GPS apps to engage with their visitors. Customers include Macy’s, New York City subway system, American Museum of Natural History, Boston Children’s Hospital, Intel and the Venetian hotel-resort-casino. Acquired by Aruba networks in May of 2013 for undisclosed terms.

Website: edit.meridianapps.com/w/
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Key Metrics

Founded Year

2011

Location

Portland, United States

Stage

Acquired

Total Funding

$2.92M in 3 rounds

Latest Funding Round

Seed, Aug 29, 2012, $*****

Investors

Oregon Venture Fund & 1 more

Ranked

63^rd among 788 active competitors

Employee Count

2 as on May 31, 2026

Similar Companies

TomTom & 1312 more

Exit Details

Acquired by Aruba Networks (May 16, 2013)

View Meridian's full profile

Meridian is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Meridian Apps, Inc CIN: 450969787 , United States, Active		-	-	-

Meridian got acquired by Aruba Networks on May 16, 2013.

Click here to take a look at Meridian's acquisition in detail

Meridian has raised a total funding of $2.92M over 3 rounds. Its first funding round was on Nov 14, 2011. Meridian has 2 institutional investors.

Here is the list of recent funding rounds of Meridian:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 29, 2012	8085112	Seed	2586515	4673116	8748737	8405539
Feb 15, 2012	2472355	Seed	2538279	9283165	2709862	1908816
Nov 14, 2011	7439005	Seed	3942907	7738031	Oregon Venture Fund	Bellingham Angel Group

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View details of Meridian's funding rounds and investors

The founders of Meridian is Nick Farina.

Here are the details of Meridian's key team members:

Nick Farina: Co-Founder & CTO of Meridian.
Kiyo Kubo: CEO of Meridian.

View details of Meridian's Founder profiles and Board Members

Meridian's employee count trend

Meridian has 2 employees as of May 26. Here is Meridian's employee count trend over the years:

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Top competitors of Meridian include TomTom, Xona Space Systems and NextNav. Here is the list of Top 10 competitors of Meridian, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	TomTom 1991, Amsterdam (Netherlands), Public	Provider of maps, navigation software, traffic data, and location technology	-	Aimforthemoon, Artiman & 2 others	73/100
2nd	Xona Space Systems 2019, Burlingame (United States), Series C	Developer of positioning, navigation, and timing infrastructure for connected systems	$320M	Seraphim, Mohari Ventures Natural Capital ... & 35 others	66/100
3rd	NextNav 2008, Sunnyvale (United States), Public	Provider of an indoor positioning solution for enterprises	$284M	New Enterprise Associates, Oak Investment Partners ... & 8 others	65/100
4th	What3words 2013, London (United Kingdom), Series C	Developer of a system assigning unique identifiers to small areas	$231M	Mercedes-Benz, Brand Capital International ... & 210 others	64/100
5th	Kinexon 2012, Munich (Germany), Series A	Provider of real-time location systems for industrial automation and operations	$130M	Thomas H Lee Partners, BMW i Ventures & 21 others	63/100
6th	Topcon Positioning 1932, United States, Unfunded	Manufacturer of precision positioning and construction equipment and related software	-	-	62/100
7th	Pointr 2013, London (United Kingdom), Seed	Provider of indoor mapping, wayfinding, positioning, and analytics software	$1.82M	Lapaero, MIT Alumni Angels & 9 others	60/100
8th	Fixposition 2017, Schlieren (Switzerland), Seed	Provider of positioning services for multiple applications	$9.35M	True Ventures, Cultivation Capital & 12 others	59/100
9th	Qianxun 2015, Shanghai (China), Series B	Provider of satellite-based positioning system solutions	$141M	SIG, Industrial And Commercial Bank Of China ... & 5 others	57/100
10th	Humatics 2015, Boston (United States), Series B	Control systems for robots that would enable collaborative nature in robots	$83.2M	Blackhorn Ventures, Fontinalis Partners & 15 others	56/100
63rd	Meridian 2011, Portland (United States), Acquired	Location-based software platform	$2.92M	Oregon Venture Fund, Bellingham Angel Group	40/100