Angel Invest Boston

With minimal funding, Gloria Kolb and her husband Eric Kolb have created a device to treat urinary incontinence that has received a coveted clearance from the FDA. Elidah, their startup, expects to exceed $3 million in DTC sales this year. I really enjoyed this story of a couple bootstrapping a promising business together. Highlight: ·       Sal Daher, CFA Introduces Gloria Kolb, Co-Founder of Elidah ·       Elidah Is Solving Urinary Incontinence in Women – Device Induces Kegel Exercises ·      Just Got FDA Clearance for Overactive Bladder ·       “She only needs to wear it for 20 minutes a day, and then it turns off automatically.” ·       Differentiation from Other Devices: FDA Cleared for Incontinence ·       Randomized Control Trial Result: 75% of Women Experienced Statistically Significant Improvement ·       “It drives me crazy that women do wait so long and they don't tell anyone and they just deal with it for a long, long time. I think part of it is they don't think that there's any other good