Meritus Ventures
VC Fund
London, United States
Meritus Ventures is a VC fund in London focused on Infrastructure and Mining. Meritus Ventures, L.P. (Meritus) is a $36.4 million venture capital fund formed to make equity investments in private, expansion-stage companies in predominantly rural areas in central and southern Appalachia. In addition, Meritus can provide operational assistance to portfolio companies and prospective portfolio companies. The Fund makesinvestments in small companies in Tennessee, Kentucky, Arkansas, and the Appalachian counties of Ohio, West Virginia, Virginia, North Carolina, South Carolina, Georgia, Alabama, and Mississippi.
- Total investments:
- 6
- Last investment:
- Lead investor:
- 17%
Last updated:
For AI agents: llms.txt
Industries Meritus Ventures invests in
Stages Meritus Ventures invests in
Countries Meritus Ventures invests in
Contacts
| Name | Phone | Socials | |
|---|---|---|---|
Investment Focus
Industry
- Infrastructure 2 (33%)
- Mining 1 (17%)
- Mobile 1 (17%)
- Software 1 (17%)
- Wireless 1 (17%)
Stage
- Funding Round 2 (33%)
- Series A 1 (17%)
- Series B 1 (17%)
- Convertible Note 1 (17%)
Team
| Name | Title | Investments | Links | |
|---|---|---|---|---|
Brenda McDaniel
CFO
|
CFO | Total investments: 0 | Find email | |
|
Cindy Bowles
Associate
|
Associate | Total investments: 0 | Find email | |
Grady Vanderhoofven
Co-founder, General Partner and Fund Managers
|
Co-founder, General Partner and Fund Managers | Total investments: 4 | Find email | |
L. Ray Moncrief
President
|
President | Total investments: 0 | Find email | |
|
Melissa Conn
Associate
|
Associate | Total investments: 0 | Find email | |
| See all 6 team members → | ||||
Investments
| Company | Description | Round | Links |
|---|---|---|---|
GRIDSMART Technologies
|
Aldis, Inc., a CleanTech company, develops, commercializes, and sells traffic and energy management technology and services to municipal partners. The company offers GridSmart, a vision-based traffic monitoring and control system. Its GridSmart line of products include Spectra 360, a single-camera solution that sees in various directions; GridSmartOptima 360, which provides stop-bar detection, as well as vehicle counting, speed, and classification; GridSmart Ultra 360, which tracks vehicle speed, turn and pedestrian counts, emergency vehicle preemption modes, machine-enabled red light mitigation, and real-time video feeds; GridSmart XPress, a freeway monitoring system to view and track vehicles and provides traffic control center with vehicle counts and average speeds; and GridSmart Centrex, a smart parking system. The company also provides SmartWay, a line of products that provide energy efficient LED traffic signals. In addition, its solutions include vehicle/turn counts, red light runner (RLR) mitigation, auto alerts, pedestrian tracking, and software upgrades. The company serves transportation logistics and advanced infrastructure management markets. Aldis, Inc. was founded in 2006 and is based in Oak Ridge, Tennessee. | $1.3M / Jun 01, 2012 | |
Zipit Wireless
|
Zipit Wireless is a Greenville, SC based company that focuses on delivering fully connected, wireless IP devices that use the company's unique strengths in wireless connectivity, user-friendly device software, and server infrastructure to enable administration, and access to Internet services. | $2.6M / Convertible Note / May 15, 2012 | |
Superior Fabrication
|
Superior Fabrication is an industrial company that provides basic consumable industrial parts and components for the coal mining industry. It focuses on industrial supply distributors located in southern and central Appalachia. Superior Fabrication is based in Haysi, Virginia. | Mar 06, 2012 | |
|
GRIDSMART Technologies
|
Aldis, Inc., a CleanTech company, develops, commercializes, and sells traffic and energy management technology and services to municipal partners. The company offers GridSmart, a vision-based traffic monitoring and control system. Its GridSmart line of products include Spectra 360, a single-camera solution that sees in various directions; GridSmartOptima 360, which provides stop-bar detection, as well as vehicle counting, speed, and classification; GridSmart Ultra 360, which tracks vehicle speed, turn and pedestrian counts, emergency vehicle preemption modes, machine-enabled red light mitigation, and real-time video feeds; GridSmart XPress, a freeway monitoring system to view and track vehicles and provides traffic control center with vehicle counts and average speeds; and GridSmart Centrex, a smart parking system. The company also provides SmartWay, a line of products that provide energy efficient LED traffic signals. In addition, its solutions include vehicle/turn counts, red light runner (RLR) mitigation, auto alerts, pedestrian tracking, and software upgrades. The company serves transportation logistics and advanced infrastructure management markets. Aldis, Inc. was founded in 2006 and is based in Oak Ridge, Tennessee. | $6M / Aug 22, 2010 | |
SinglePipe Communications
|
SinglePipe Communications is the leading provider of residential and turnkey business class VoIP phone services for wholesale, channel resale and private label. Our solutions are: | $5.1M / Series B / Apr 07, 2009 | |
|
GRIDSMART Technologies
|
Aldis, Inc., a CleanTech company, develops, commercializes, and sells traffic and energy management technology and services to municipal partners. The company offers GridSmart, a vision-based traffic monitoring and control system. Its GridSmart line of products include Spectra 360, a single-camera solution that sees in various directions; GridSmartOptima 360, which provides stop-bar detection, as well as vehicle counting, speed, and classification; GridSmart Ultra 360, which tracks vehicle speed, turn and pedestrian counts, emergency vehicle preemption modes, machine-enabled red light mitigation, and real-time video feeds; GridSmart XPress, a freeway monitoring system to view and track vehicles and provides traffic control center with vehicle counts and average speeds; and GridSmart Centrex, a smart parking system. The company also provides SmartWay, a line of products that provide energy efficient LED traffic signals. In addition, its solutions include vehicle/turn counts, red light runner (RLR) mitigation, auto alerts, pedestrian tracking, and software upgrades. The company serves transportation logistics and advanced infrastructure management markets. Aldis, Inc. was founded in 2006 and is based in Oak Ridge, Tennessee. | $3.8M / Series A / Oct 22, 2007 |
Co-Investors
Battelle Ventures
2 deals together
Innovation Valley Partners
2 deals together
Charleston Angel Partners
1 deal together
Chrysalis Ventures
1 deal together
Keyhorse Capital
1 deal together
Keyhorse Capital (KSTC)
1 deal together
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FAQ
What does Meritus Ventures invest in?
Meritus Ventures invests primarily in Infrastructure, Mining and Mobile startups, most often at Funding Round and Series A stage. Most of the 6 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.
How do I contact Meritus Ventures?
Public channels for Meritus Ventures include X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.
Who are the partners at Meritus Ventures?
The team at Meritus Ventures includes Brenda McDaniel (CFO), Cindy Bowles (Associate) and Grady Vanderhoofven (Co-founder, General Partner and Fund Managers), among 6 team members tracked by Shizune. The Team section lists each member with their title, investment count and links.
Is Shizune's investor data accurate?
Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.
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