# Meridian Apps

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/meridian-apps

- Industry: Marketing/Advertising
- Headquarters: Portland, US
- Website: www.meridianapps.com
- Total disclosed funding: $1M
- Latest round: Seed (Nov 14, 2011)
- Investors on record: 2

## About

Meridian Apps, Inc. delivers innovative location-based services through its flagship product, enhancing navigation and wayfinding experiences in complex environments such as airports and hospitals, helping users navigate effortlessly.Meridian Apps, Inc. focuses on providing advanced indoor positioning technology that improves navigation in challenging locations. Founded in Portland, US, the company was acquired by Aruba Networks Inc. in May 2013. The latest funding round was a Seed round raising USD 1.00 mn from Bellingham Angel Investors and Oregon Venture Fund, totaling USD 1.00 mn in funding to date. The company's operations have remained consistent without any noted pivots or changes since its inception.Meridian Apps specializes in providing location-based services through its Aruba Meridian platform, which offers advanced indoor positioning technology for enhanced navigation in large venues. The platform serves various sectors, including healthcare, education, and transportation, focusing on improving user experience and operational efficiency. The company operates in North America, Europe, and Asia, effectively addressing the needs of high-traffic locations.The revenue model of Meridian Apps is based on a subscription framework, where clients pay for access to the platform through annual licensing agreements. These agreements allow clients to customize the Meridian platform to meet their specific needs, which may include additional analytics services. The pricing plans are structured to accommodate different business sizes, ensuring that the offerings remain scalable and flexible for enterprise clients who may seek customized solutions.Meridian Apps plans to leverage recent funding from the Seed round in May 2013 to enhance its product offerings and expand into new markets. The company aims to develop additional features for its platform, although specific product release dates have not been disclosed. Geographic expansion is also on the agenda, targeting markets in Europe and Asia by 2015, to further meet the demand for sophisticated navigation solutions.

## Funding rounds

- Seed, Nov 14, 2011, $1M — Oregon Venture Fund, Bellingham Angel Investors

## Investors

- Oregon Venture Fund (https://capitalatlas.ai/funds/oregon-venture-fund) — Seed
- Bellingham Angel Investors (https://capitalatlas.ai/funds/bellingham-angel-investors) — Seed