Meritus Ventures

Meritus Ventures is a venture capital firm based in London, Kentucky. It makes equity investments in expansion-stage private companies, with a focus on rural areas of central and southern Appalachia. The firm targets opportunities in information technology, industrials, and technology, media, and telecommunications sectors, and its activity spans across Tennessee, Kentucky, Arkansas, and Appalachian counties in Ohio, West Virginia, Virginia, North Carolina, South Carolina, Georgia, Alabama, and Mississippi. It may provide operational support to portfolio companies.

Grady Vanderhoofven

Co-Founder and Fund Manager

Past deals in Tennessee

GRIDSMART Technologies

Venture Round in 2012
GRIDSMART Technologies develops traffic management systems for clients worldwide. Its flagship product, GRIDSMART, includes various solutions such as the Bell Camera for intersection and highway data collection, processors like the CPU/GRIDSMART processor and GS2 processor, and software modules for real-time data analysis and pedestrian tracking. The company also offers traditional zoom cameras and FLIR thermal cameras. GRIDSMART Technologies sells its products through distributors and direct sales teams in multiple countries, including the United States, Canada, Australia, Oman, and Ireland. Founded in 2006 and headquartered in Knoxville, Tennessee, the company was formerly known as Aldis, Inc. before changing its name in March 2015.

GRIDSMART Technologies

Venture Round in 2010
GRIDSMART Technologies develops traffic management systems for clients worldwide. Its flagship product, GRIDSMART, includes various solutions such as the Bell Camera for intersection and highway data collection, processors like the CPU/GRIDSMART processor and GS2 processor, and software modules for real-time data analysis and pedestrian tracking. The company also offers traditional zoom cameras and FLIR thermal cameras. GRIDSMART Technologies sells its products through distributors and direct sales teams in multiple countries, including the United States, Canada, Australia, Oman, and Ireland. Founded in 2006 and headquartered in Knoxville, Tennessee, the company was formerly known as Aldis, Inc. before changing its name in March 2015.

Wazoo Sports

Venture Round in 2008
Wazoo Sports, Inc., established in 2007, operates as a professional broadcasting network specializing in high school sports. Headquartered in London, Kentucky with additional offices in Knoxville, Tennessee and Benton, Kentucky, the company delivers live and on-demand video content of various sporting events such as basketball, cheerleading, and football via the internet. Utilizing advanced broadcast technology, Wazoo Sports provides high-quality coverage using multiple cameras and a dedicated production team.

GRIDSMART Technologies

Series A in 2007
GRIDSMART Technologies develops traffic management systems for clients worldwide. Its flagship product, GRIDSMART, includes various solutions such as the Bell Camera for intersection and highway data collection, processors like the CPU/GRIDSMART processor and GS2 processor, and software modules for real-time data analysis and pedestrian tracking. The company also offers traditional zoom cameras and FLIR thermal cameras. GRIDSMART Technologies sells its products through distributors and direct sales teams in multiple countries, including the United States, Canada, Australia, Oman, and Ireland. Founded in 2006 and headquartered in Knoxville, Tennessee, the company was formerly known as Aldis, Inc. before changing its name in March 2015.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.