New Markets Tax Credit Coalition

Algorithmic Intuition, Inc.

Investment

  • NMTC Amount: $139,500
  • Total Project Cost: $139,500

IMPACT

  • 4 FTE jobs
  • 0 jobs created and 3.5 jobs retained.

Project Description

Algorithmic Intuition, Inc. (“Ai2”) is a company that has developed an IoT solution that leverages machine learning algorithms and neural nets to facilitate 24/7 smart monitoring of key vitals in elderly patients. The Ai2 solution uses a smart patch worn on the core of the body, capturing vitals, posture, temperature, oxygen levels, and fall detection. The project provided Ai2 with the working capital needed to maintain payroll as the company moves towards obtaining 501K clearance from the FDA.

MAP

Address: 300 E. 2nd Street, Reno, NV 89501

Census Tract: 32031000106

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