Diligence memo · auto-generated · as of July 2, 2026
Meridium, Inc.
Meridium, Inc. looks over-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Meridium, Inc. operates in Other Technology, based in ROANOKE.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Meridium, Inc. has raised $30M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $30M on 2014-07-14.
Most recent recorded round closed around 2014-07-14.
Valuation (modeled)modeled
Provath models Meridium, Inc. at approximately $914M (range $74M–$3.5B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 1.58× the median modeled value of Series B Other Technology companies in 2013–2015 (321 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Last raise 12.0 yr ago; this sector typically re-raises about every 13 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 88% of Other Technology peers (21302 compared).
Modeled value ranks above 96% of those peers.
Closest niche peers: PlanSource Holdings, Inc., Transphorm, Inc., Skyhigh Networks, Inc., Misfit Wearables Corp, Veracode Inc.
Peoplefiled
3 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.