Supported Intelligence, LLC was formed in 2012 by Patrick Anderson and Anderson Economic Group, LLC to develop and sell the Rapid Recursive® Toolbox. The idea for the company grew from Patrick’s work with clients and his experience authoring The Economics of Business Valuation: Towards a Value Functional Approach (EBV). In 2004, Patrick’s team conducted a survey of existing software that provided tools to solve the types of decisions faced by some Anderson Economic Group clients and described in EBV. They came up empty. This led to a nearly seven year period of trial-and-error experimentation resulting in the first prototype of the Rapid Recursive® Toolbox.
With a working prototype and initial experience applying the methods on real projects, Patrick and Anderson Economic Group formed Supported Intelligence to commercialize this breakthrough product. The newly formed Supported Intelligence promised a commercial version of the toolbox by the end of 2012. Version 1.0 of the Rapid Recursive® Toolbox was released on December 26th, 2012.