MedRhythms, Inc.

Portland,
ME
(2023)

MedRhythms, Inc.

Healthcare

Investment

NMTC Amount: $1,249,993
Total Project Cost: $13,484,421

IMPACT

67 FTE jobs
20 jobs created and 47 jobs retained.

CDEs

Advantage Capital, Community Development Venture Capital Alliance

Investor

US Bank

Project Description

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 motor system, leading to improvements in walking speed, gait symmetry, and fall risk, ultimately improving independence and quality of life for patients. This project supported MedRhythm’s ongoing research, development, and product commercialization efforts and provided working capital.

MAP

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

Census Tract: 23005000300

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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

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