Intelligence Infrastructure — Public Capital

Public money.
Made legible.
Made decidable.

Trillions of dollars of public capital move through government systems every year with no independent intelligence layer. Nomos is building it — the Bloomberg Terminal for public capital flows.

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nomos — analytical engine v1.0
nomos> query --org "Innovation Works" --state PA --fy 2023-2025
——————————————————————————————————————————
Mapping Public Disclosure Data...
Resolving entity: Innovation Works, Inc.
Matching subsidiaries: AlphaLab Gear, IW Capital
——————————————————————————————————————————
ORGANIZATION PROFILE
State: Pennsylvania
Type: Innovation Intermediary
Total receipts FY25: $14.2M
Board-designated res: $29M ⚑ VARIANCE
——————————————————————————————————————————
DCR ANALYSIS
Personnel / Disbursements: 1.47:1 ⚑ ANOMALY
Direct-to-founder rate: 23% ⚑ BELOW THRESHOLD
Recycled capital claims: UNVERIFIABLE
Subsidiary audit scope: NON-GAGAS
——————————————————————————————————————————
RECOMMENDED ACTION
Priority Level: HIGH — Escalate to oversight committee
nomos>
PA BFTP·DCR 1.47 ⚑·$14.2M reviewed
OH TechGrowth·DCR 0.82·$8.1M reviewed
MI InnovationFund·DCR 1.31 ⚑·$22.7M reviewed
IN NextLevel·DCR 0.74·$11.3M reviewed
PA DCED·$100M proposed ⚑·3 scenarios modeled
Federal OIG Alert·Unverifiable recycled capital claims
50-state coverage·10,000+ intermediaries indexed
PA BFTP·DCR 1.47 ⚑·$14.2M reviewed
OH TechGrowth·DCR 0.82·$8.1M reviewed
MI InnovationFund·DCR 1.31 ⚑·$22.7M reviewed
IN NextLevel·DCR 0.74·$11.3M reviewed
PA DCED·$100M proposed ⚑·3 scenarios modeled
Federal OIG Alert·Unverifiable recycled capital claims
50-state coverage·10,000+ intermediaries indexed
Public capital flows
$3T+
Federal contracts, grants, CDFIs, SBA programs, opportunity zones, municipal bonds — with no unified intelligence layer.
Intermediary organizations
10,000+
CDFIs, EDAs, tech councils, workforce boards, innovation funds — between government and founders.
Infrastructure for decisions
0
No system connects these flows, tracks outcomes across intermediaries, or models alternatives before decisions are made. Until now.
01 — The Problem
A multi-trillion dollar blind spot

Legislators vote on billion-dollar appropriations with no way to ask: what happened to the last allocation? The data exists. Nobody built the connective tissue.

The same opacity exists across federal contracting, CDFI lending, SBA programs, opportunity zones, and municipal bonds — the full universe of public capital that shapes which communities grow and which don't.

"Government makes billion-dollar decisions with less data than you'd use to buy a car."

The Federal Audit Clearinghouse holds years of financial statements. Grant databases exist. What's missing is an intelligence layer that synthesizes it into decisions — and holds intermediaries accountable for where the money goes.

Accountability gap
Current systems lack visibility at major intermediaries exceed founder disbursements — and no one's tracking it systematically.
Verification failure
Claims of "recycled capital" and impact go unverified in audits, presenting outcome metrics that lack standardized validation across different reporting frameworks.
Decision vacuum
Legislators have no scenario modeling before voting on nine-figure appropriations. They vote blind.
02 — The Platform
Four layers.
One system.

Nomos is intelligence infrastructure — not another database. A full-stack platform from raw audit data to policy decisions, with AI-powered analysis and human-in-the-loop governance. Starting with the grant economy as proof of concept, Nomos is building the first unified intelligence layer across all public capital flows.

01
The Ledger
National Database
Every state. Every sector. The DCR for each intermediary — who's absorbing overhead, who's delivering capital. Public money made legible at national scale.
02
The Intelligence
Decision Layer
What if we restructured this program? Scenario modeling, tradeoff analysis, comparative benchmarking across states. AI generates options. Humans own the decision.
03
The Accountability
Civic Infrastructure
Your rep voted on a $100M appropriation — here's what happened to it. Public-facing transparency that creates democratic pressure for better outcomes.
Product Preview — Nomos Intelligence Dashboard
Ledger
Scenarios
Alerts
Organization
State
Total Grants
DCR
Status
Innovation Works, Inc.
PA
$14.2M
1.47 ⚑
Flagged
Ohio Third Frontier
OH
$8.1M
0.82
Compliant
MI Economic Dev. Corp.
MI
$22.7M
1.31 ⚑
Flagged
IN Next Level Fund
IN
$11.3M
0.74
Compliant
Pittsburgh Life Sciences
PA
$6.8M
1.12
Review
NY Empire State Dev.
NY
$31.4M
0.91
Compliant
"Bloomberg built the terminal for financial markets.
We're building it for public capital — the asset class that governments control and communities depend on."
Nomos Analytics — April 2026
$90B/yr
Foundation grants — due diligence market
50 states
Targeted for full coverage in 6 months
20+
Federal agencies — OIG, GAO, program officers
03 — Who It's For
Six buyer
segments.

Nomos serves everyone with a stake in where public money goes — from the legislator who appropriates it to the founder who never received it.

50 states
State Legislators
Oversight & appropriations committees voting on nine-figure programs with zero outcome data. Nomos changes what questions can be asked.
20+ agencies
Federal Agencies
OIG, GAO, and program officers need anomaly detection at scale. Nomos surfaces what manual review cannot.
$90B/yr
Foundations
Due diligence on grantee intermediaries — are they actually delivering capital to the communities they claim to serve?
National
Journalists
Investigative & accountability reporters need data infrastructure. Nomos surfaces the stories the audit PDFs are hiding.
100K+/yr
Founders
Navigate the grant ecosystem intelligently. Know before you apply which intermediaries actually disburse capital to founders.
Open AI Infrastructure
AI Research Partners
Institutions building open AI for public good. Nomos is the data layer. The partnership opportunity is the normalization problem at national scale.
04 — Distribution
Beyond the
terminal.

Data without distribution doesn't move systems. Nomos surfaces findings through editorial coverage, podcasts, and public-facing tools that make the conversation about public capital legible to everyone — founders, taxpayers, journalists, and policymakers alike. Every piece of content traces back to a primary source document.

The next era of media isn't opinion-driven engagement. It's data-anchored accountability — where virality is earned through verifiability, not outrage. Nomos is building the platform where that conversation happens.

Editorial
Findings, not takes
Every story on Nomos is sourced to a public filing. When a DCR finding shows 25 cents on the dollar reaching founders, that's not an opinion — it's a primary source with a citation. Accountability journalism, rebuilt on data infrastructure.
Audio
The public capital conversation
Founders, legislators, foundation officers, and oversight bodies — all looking at the same sourced data and reacting to it. Primary source generation disguised as a podcast.
Public Tools
Receipts for everyone
Your rep voted on a $100M appropriation — here's what happened to it. Public-facing transparency tools that create democratic pressure for better outcomes. The terminal experience, open to any citizen.
The Flywheel
Distribution defends the data
Bloomberg News exists to make Bloomberg indispensable. Nomos's public layer exists to make Nomos the place where the public capital conversation happens. Media isn't the product — it's the moat.

The infrastructure
doesn't exist yet.
Help us build it.

We're building the first enterprise partnerships and onboarding pilot users. If you're a legislator, oversight body, foundation, or journalist — we want to hear from you.