about tennesseed fund
The TennesSeed Fund is a venture capital fund launched in 2019 to invest in proof of concept opportunities in companies throughout Tennessee. The Fund is managed by TennesSeed Partners, which is a collaboration of Three Roots Capital, Meritus Capital Management, LLC, and Innova Memphis, Inc.
The innovative organizational structure consists of a combination of for-profit and nonprofit entities, allowing the Fund to operate as an evergreen investor. The combination of entities allows the Fund to function like an investment flywheel; a permanent source of investment capital to help address a chronic lack of access to seed-stage capital. This organizational structure is designed to generate sustainable investment activity and to produce lasting economic impact within the state.