MedRhythms, Inc.

Portland,
ME
(2021)

MedRhythms, Inc.

Manufacturing

Investment

NMTC Amount: $3,974,956
Total Project Cost: $24,974,956

IMPACT

18 FTE jobs
Jobs must exceed 1.2X the living wage in the region and offer quality benefits, which include, but not limited to medical insurance, paid time off, and wealth creation options.

CDEs

Advantage Capital, Community Development Venture Capital Alliance

Investor

US Bank

Project Description

MedRhythms is the developer of a digital therapeutics platform to deliver rhythmic auditory stimulation therapy to chronic stroke survivors. While RAS therapy typically takes place in a clinical setting, MedRhythms’s product will provide the same experience in the patient’s home. This project provided the Company with working capital to continue MedRhythm’s growth in Maine.

MAP

Address: 183 Middle Street, Suite 300, Portland, ME 4101

Census Tract: 23005000300

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MedRhythms, Inc. (“MedRhythms”) is a digital therapeutics company using sensors, software, and music to deliver Auditory-Motor Entrainment (“AME”) therapy to chronic stroke survivors. Rhythmic auditory stimulation unconsciously synchronizes with the

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