Blank Slate Ventures

Blank Slate Ventures is a venture capital investment firm based in Chattanooga, Tennessee, founded in 2011. The firm specializes in providing funding to pre-revenue startups in the local area, focusing on teams of entrepreneurs developing innovative solutions with the potential to disrupt their industries. By targeting early-stage companies, Blank Slate Ventures aims to nurture and support nascent businesses as they transition from initial concepts to operational ventures. The firm has a notable track record, exemplified by its first investment in Quickcue, LLC, which successfully evolved from an idea to a business and was later sold to OpenTable, Inc.

Lex Tarumianz

Co-Founder and Lead Investor

Past deals in Tennessee

DataFlyte

Seed Round in 2014
DataFlyte, founded in 2014 and headquartered in Knoxville, Tennessee, specializes in aerial data collection for utilities. The company has developed proprietary equipment that reads and processes data from Automatic Meter Reading (AMR) meters from the air, significantly streamlining the data collection process. Traditionally, utilities spend considerable time and resources collecting meter data via vehicles. DataFlyte's innovative approach enables utilities to receive the data on the same day, enhancing efficiency and reducing operational costs.

Variable

Seed Round in 2012
Variable, Inc. specializes in the development and manufacturing of wireless sensors and color measurement devices. Founded in 2009 by George Yu and based in Chattanooga, Tennessee, with an additional office in Knoxville, the company offers a range of products including handheld sensors, colorimeters, spectrophotometers, climate sensors, gas sensors, and wireless infrared thermometers. One of its notable products, the Color Muse, allows users to scan and match colors easily. Variable's devices are designed for various applications in homes, classrooms, and offices worldwide and are available for purchase online and through resellers. The company's focus is on providing affordable, easy-to-use tools that enhance product quality and improve customer experiences.

Omnisoft Services

Seed Round in 2012
Omnisoft Services is a software development company with operations in Chattanooga, Tennessee, and Belfast, Northern Ireland. The company specializes in creating gamification products tailored for sectors such as education, health, and drug and alcohol awareness. By focusing on engaging and interactive solutions, Omnisoft Services aims to enhance learning and awareness in these critical areas, serving a diverse range of international clients.

Banyan

Seed Round in 2012
Banyan provides SaaS-based cloud computing services. It is based in Chattanooga, Tennessee, United States.

Ariagora

Seed Round in 2012
Ariagora enables music fans to crowdsource funding and gain financial ownership of the musical content. It was founded by Brittany Rohrman, Asher Pembroke, and Jorge Landivar, and is based in Chattanooga, Tennessee.

SupplyHog

Seed Round in 2012
SupplyHog Inc. operates an online marketplace that specializes in selling hardware and building supplies, primarily serving the construction industry. Founded in 2010 and based in Chattanooga, Tennessee, the company connects vendors and manufacturers with contractors, offering a streamlined purchasing experience that includes quotes, product listings, and shipping options. SupplyHog provides personalized pricing and drop shipping services, enhancing the procurement process for general contractors. By integrating shopping, purchasing, and delivery into a single platform, SupplyHog aims to save time and improve the cost-effectiveness of building supply transactions. The company, formerly known as Nopone, Inc., changed its name in November 2011 and is a subsidiary of American Supply Holdings.
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