Financial & Business

JustRight Surgical Raises $10.5 Million in Financing

Company makes precision surgical instruments.

According to a U.S. Securities and Exchange Commission Filing, Boulder, Colo.-based JustRight Surgical LLC has raised $10.5 million in two separate funding rounds.

According to the three-year-old company, it develops precision surgical instruments to provide access to traditionally difficult to reach areas in general surgery. The company’s product portfolio includes the JustRight Surgical Vessel Sealing System, the JustRight Generator JR100 and the JustRight Sealer JR-SE20.

The first round of financing opened on May 15, 2012 and lists 46 unnamed investors who contributed about $6.5 million. JustRight is still looking for another $38,000 to close the round, according to filings.

The second round, which opened on June 14 this year, was capped at $4 million from 43 unnamed investors, regulatory documents show.

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