Larry Rigby
salt Lake City, UT (USA)
C-Level Executive (CEO, CFO, etc.)
Larada Sciences, Inc.
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Startup
Location:
salt Lake City
Industry:
Healthcare
Year Founded:
2007
Number Employees:
1-10 people
Business Stage:
Growth (not profitable)
Entity Type:
"C" Corporation
Description:
University of Utah spinout, CEO has started 7 medical companies, FDA clearance of the device is expected in March. Have raised $750K. Now raising 2.5 mm, of which $300 is already in. Product is a non-chemical device for getting rid of human head lice, a big problem because this species has mutated to a genetic resistance to common pesticides. The LousBuster product kills all the eggs--the big headline--in a 30 min treatment.
March 2011: launching financing campaign to raise a small angel round of ($300K-600K) to bridge Larada Sciences to cash flow positive towards the end of this year.
Would like to discuss this with angel investors.
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