Healthcare & Life Sciences Private Equity Deal Tracker: OrthoSensor Secures $19 Million in Financing

Geoffrey Cockrell, Amber McGraw Walsh
McGuireWoods LLP
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OrthoSensor has announced it has raised $19 million in a private placement of series C preferred stock.

OrthoSensor, based in Dania Beach, FL, is a developer of intelligent orthopedic devices and data services.

Participating in the financing round were Bridger Healthcare and The Tullis Growth Fund.

OrthoSensor indicated the funding would be used to support the commercialization of VERASENSE, the company’s disposable, sensor-assisted, total knee replacement device, as well as to expand product development.

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