TN08 Stories and Data

TN08 Stories

Three Roots Capital Provides Financing for Protomet Expansion in Roane County

Rockwood,
Tennessee

Three Roots Capital

Three Roots Capital partnered with Regions Bank to help finance Protomet Corporation’s new manufacturing facility in Rockwood, Tennessee. This $25 million expansion will create 250 new jobs and retain 150 existing positions.

SmartRIA

Knoxville,
Tennessee

Three Roots Capital

SmartRIA, based in Knoxville, provides a leading software platform that helps Registered Investment Advisors (RIAs) and their consultants efficiently manage compliance programs. The TennesSeed Fund first invested in the company in 2019 when it was an early-stage start-up. Since then, Three Roots Capital has made several follow-on investments in SmartRIA, most recently in January 2025.

Shift Thermal

Oak Ridge,
Tennessee

Three Roots Capital

Shift Thermal, based in Oak Ridge, is the developer of FLEX™ technology, an advanced thermal storage system designed to reduce energy consumption. The company originated as part of the Innovation Crossroads program at Oak Ridge National Laboratory (ORNL). The TennesSeed Fund first invested in Shift Thermal in 2019 during its start-up phase, and Three Roots Capital has since provided continued support through multiple follow-on investments, most recently in March 2025.

TreisD

Mascot,
Tennessee

Three Roots Capital

TreisD, headquartered in Knoxville, develops advanced 3D image capture, display, and printing technology that delivers solutions across multiple applications, including supply chain security and brand protection. Three Roots Capital provided a loan to the company in June 2025, followed by an equity investment in July 2025. In addition to its headquarters, TreisD is establishing production operations in Knoxville.

Load More Stories

TN08 Fact Sheet

It has been proven over the decades that the CDFI industry has been mega critical to the flow of capital in this country, specifically in disinvested communities. By appropriating at least $354M for the CDFI Fund, this directly supports the deployment and capacity building of not only CDFIs but the millions of small businesses that hire and create jobs, erect infrastructure, rebuild neighborhood corridors, and partner across industries for improved quality of life. If we are serious about reducing the wealth gap for increased positive impacts, supporting CDFIs is extremely important.

-Ron Brooks, River City Capital Investment, Memphis, TN

As the Chair of the CDFI Coalition Board of Directors, I and the membership of the Coalition would greatly appreciate your support of this request.

-Hank Helton, CDFI Coalition, Nashviile, TN

TN08 Stories and Data

TN08 Stories

TN08 Fact Sheet

Map of TN08 CDFI Branches and Stories