Meridian Ventures launched $35M fund to back MBA-deferred founders

▤ Summary

Meridian Ventures raised an oversubscribed $35 million institutional fund to back pre-seed and seed founders, with a particular focus on MBA-deferred founders. Founders Devon Gethers and Karlton Haney launched the firm after meeting in Harvard’s deferred MBA program and previously ran a $2.5M proof-of-concept that backed 45 companies. The firm will invest primarily in U.S. enterprise technology across sectors including fintech, logistics, healthcare and AI, with average checks of $500,000 at pre-seed and $750,000 at seed. Meridian plans to deploy the capital over the next three years to help close a perceived funding gap for ambitious founders building frontier technologies.

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