# Thread Bank: Banking, Brentwood, United States

> Thread Bank: Thread Bank is a community bank founded in 1906 in Rogersville, Tennessee. Based in Brentwood, United States.

Source: https://millionrounds.com/startup/thread-bank (Millionrounds; every figure on the page links to its filing or article)

United States · [Banking startup](https://millionrounds.com/companies)

# Thread Bank

Thread Bank is a community bank founded in 1906 in Rogersville, Tennessee.

Funding reported Last round: Venture (Round not Specified)

Banking Brentwood, United States

Company summary

- **Founded:** - not reported
- **Team:** 100 51 to 200 people
- **Funding reported:** $83M in dollars
- **Last round:** Venture (Round not Specified) Nov 2025

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Thread Bank has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Thread Bank

Thread Bank is a community bank founded in 1906 in Rogersville, Tennessee.

It combines traditional banking with modern financial technology to serve individuals and businesses across the nation. As an FDIC-insured institution, Thread Bank operates as a subsidiary of Thread Bancorp Inc. and is classified as a state-chartered commercial bank. The bank offers a range of services, including personal and business deposit accounts, flexible loan products, and digital banking solutions. Local residents in Eastern Tennessee can access community banking services through two branches, while national users benefit from embedded banking services, particularly through partnerships like Relay Financial. Thread Bank emphasizes a digital-first experience, providing mobile apps designed to simplify transactions and enhance financial management for its customers.

## What company datasets say Thread Bank raised

Funding, as reported

Reported in all **$83M** in dollars

Last round **Venture (Round not Specified)**

Last round size **$28M**

Last round date **Nov 2025**

## Founders and team

From Thread Bank's own website: 13 on the team.

- **Chris Black** Chief Executive Officer, President and Director
- **Bob Diegel** Chief Operations Officer
- **John Bearden** Chief Banking Officer
- **Marty Miracle** Chief Digital Officer & Chief Risk Officer
- **Mike Farrell** Chief Financial Officer
- **Terry Hoover** Chief Audit & Assurance Officer
- **Bud Watts** Director
- **Dan Chang** General Counsel
- **Gene Dibble** Director
- **Joe Maxwell** Chairman
- **John Philpott** Director
- **Kirk Wycoff** Director
- **Sarah Biller** Director

## On a portfolio page

Investors who name them

- [Hermann Capital Management](https://millionrounds.com/fund/hermann-capital-management)

Each firm lists Thread Bank on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

consumers customer engagement information technology & services commercial banking financial services finance api integration mobile deposits fdic insured deposits payment processing b2c fintech embedded banking account management card creation banking as a service

Built with from their website

Google Sheets Salesforce CRM Analytics Posit LinkedIn Ads Atera Box.net Hubspot Excel4Apps AWS Analytics Amazon S3

+8 more

OpenAI Arctic Wolf AI Act! Google Cloud Machine Learning Engine Microsoft Exchange Salesforce Microsoft 365 Apps & Services

- **Sector:** Banking
- **Industry code:** NAICS 522110, SIC 6021, 6022
- **Region:** Tennessee

## Banking in United States

Startups like it

- [**Erebor** Columbus *Raised*](https://millionrounds.com/company/erebor)
- [**Relay** San Francisco · founded 2021 *Raised*](https://millionrounds.com/company/relay)
- [**Nymbus** Jacksonville · founded 2015 *Raised*](https://millionrounds.com/company/nymbus)
- [**Fintiv** Austin · founded 2018](https://millionrounds.com/startup/fintiv)
- [**Grasshopper Bank** New York · founded 2019](https://millionrounds.com/startup/grasshopper-bank-2)
- [**Harris Bank** Chicago](https://millionrounds.com/startup/harris-bank)
- [**Found** San Francisco · founded 2019](https://millionrounds.com/startup/found-5)
- [**Climate First Bank** Saint Petersburg · founded 2020](https://millionrounds.com/startup/climate-first-bank)

## Is this your company?

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