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TNInvestco
TNInvestco is a US$200 million investment fund run by the State of Tennessee. Founded in 2009, its aim is to invest in the state economy and create jobs for Tennesseans. History TNInvestco was established in 2009 by Matt Kisber, the commissioner of the Tennessee Department of Economic and Community Development, and Reagan Farr, the Commissioner of the Tennessee Department of Revenue. By 2012, state auditors found "pervasive noncompliance with program requirements," leading to possible "risk of fraud, waste and abuse." TNInvestco invested in Council Capital, a private equity and venture capital healthcare firm based in Nashville. In 2014, it invested US$750,000 in Digital Reasoning, an intelligence firm headquartered in Franklin, Tennessee Franklin is a city in and county seat of Williamson County, Tennessee, United States. About south of Nashville, it is one of the principal cities of the Nashville metropolitan area and Middle Tennessee. As of 2020, its population was 8 ...
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Digital Reasoning
Digital Reasoning is an American company headquartered in Franklin, Tennessee. It offers cognitive computing services to intelligence agencies, financial institutions and healthcare organizations in the United States. History Digital Reasoning was founded in 2000 by Tim Estes, a Knoxville-born philosophy senior at the University of Virginia. It is headquartered in Franklin, Tennessee, with offices in Washington, D.C., New York City and London. As of August 2015, its Franklin headquarters had 100 employees, 30 of whom had top secret clearance. The firm presented its Synthesys software to the United States Army in 2002. They signed a contract with the National Ground Intelligence Center, a subsidiary of the United States Army Intelligence and Security Command, in 2004. Synthesys was used to track enemies in the War in Afghanistan from 2004 onwards. Six years later, in 2010, it received funding from In-Q-Tel, the venture capital firm of the Central Intelligence Agency. Since 2012, ...
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Council Capital
Council Capital is a private equity and venture capital healthcare firm based in Nashville, Tennessee, U.S. History The firm was founded in 2000 by Nashville businessman Dennis C. Bottorff as Council Ventures. It changed its name to Council Capital in 2011. It has US$150 million of assets under management. Council Capital invests in "growth and early-growth stage health care companies." It has received funding from TNInvestco. Investments The firm invested in Senior Whole Health, a Massachusetts-based healthcare insurance company, in 2004. By 2011, it sold its stake. In 2011, it invested in Payment America Systems Inc., a healthcare company which provides "total revenue cycle management" of "patient-responsibility receivables." It invested US$3.25 million in Ingenious Med, a healthcare software company headquartered in Atlanta, Georgia, in 2011. By 2014, after vastly expanding its marketshare, including selling its product to the Hospital Corporation of America, Council Capita ...
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Tennessee
Tennessee ( , ), officially the State of Tennessee, is a landlocked state in the Southeastern region of the United States. Tennessee is the 36th-largest by area and the 15th-most populous of the 50 states. It is bordered by Kentucky to the north, Virginia to the northeast, North Carolina to the east, Georgia, Alabama, and Mississippi to the south, Arkansas to the southwest, and Missouri to the northwest. Tennessee is geographically, culturally, and legally divided into three Grand Divisions of East, Middle, and West Tennessee. Nashville is the state's capital and largest city, and anchors its largest metropolitan area. Other major cities include Memphis, Knoxville, Chattanooga, and Clarksville. Tennessee's population as of the 2020 United States census is approximately 6.9 million. Tennessee is rooted in the Watauga Association, a 1772 frontier pact generally regarded as the first constitutional government west of the Appalachian Mountains. Its name derives from "Tanas ...
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Matt Kisber
Matthew Harris "Matt" Kisber (born January 31, 1960) is a businessman and Democratic Party (United States), Democratic politician in the U.S. state of Tennessee who served ten two-year terms in the Tennessee House of Representatives and was Commissioner of the Tennessee Department of Economic and Community Development during the governorship of Phil Bredesen. Early life and education Kisber was born January 31, 1960 in Jackson, Tennessee, and grew up there. His grandfather, Jonas Kisber, Sr, owned and operated Kisber's Department Stores in Jackson. Matt's dad is Jonas Jr; and was prominent in the city's small Jewish community. Matt Kisber started working in his family's department store when he was 12 years old. While attending Vanderbilt University, where he earned a bachelor's degree in political science, he worked as a photojournalist for the ''The Jackson Sun, Jackson Sun'' newspaper. Tennessee House of Representatives In the 1982 general election, Kisber defeated two-term Re ...
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Tennessee Department Of Economic And Community Development
Tennessee ( , ), officially the State of Tennessee, is a landlocked U.S. state, state in the Southeastern United States, Southeastern region of the United States. Tennessee is the List of U.S. states and territories by area, 36th-largest by area and the List of U.S. states and territories by population, 15th-most populous of the List of U.S. states, 50 states. It is bordered by Kentucky to the north, Virginia to the northeast, North Carolina to the east, Georgia (U.S. state), Georgia, Alabama, and Mississippi to the south, Arkansas to the southwest, and Missouri to the northwest. Tennessee is geographically, culturally, and legally divided into three Grand Divisions of Tennessee, Grand Divisions of East Tennessee, East, Middle Tennessee, Middle, and West Tennessee. Nashville, Tennessee, Nashville is the state's capital and largest city, and anchors its largest metropolitan area. Other major cities include Memphis, Tennessee, Memphis, Knoxville, Tennessee, Knoxville, Chattanoog ...
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