Algorithmic Intuition

Working capital to obtain 510K approval to bill Medicare/Medicaid and launch their marketing and sales team.

Investment

  • NMTC Amount: $2,710,000
  • Total Project Cost: $5,250,000

IMPACT

  • 15 FTE jobs

Investor

Project Description

Algorithmic Intuition is a start up that provides technology solutions to assist with elderly patient monitoring. The project provided the Company with working capital to obtain 510K approval to bill Medicare/Medicaid and launch their marketing and sales team.

MAP

Address: 200 South Virginia Street, Reno, NV 89501

Census Tract: 32031000106

Other Nevada Projects

Las Vegas training institute continues to grow thanks to ongoing support from Clearinghouse CDFI
Finances the purchase and installation of equipment and raw materials for two facilities that design, manufacture and sell sustainable, insulated shipping containers.

The Neato Company, LLC (“Neato”) simplifies selling on digital marketplaces with a complete outsourced ecommerce solution which allows brands to focus on their continued development and production of great products.

Northern Nevada HOPES' new community wellness center prepares to serve 12,000 residents