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Bolder Surgical
Bolder Surgical serves health care providers by developing surgical instruments that allow access to confined and delicate structures
About Bolder Surgical
Bolder Surgical, established in 2010 under the name JustRight Surgical, carved a niche in the medical device sector by focusing on precisely designed surgical instruments for minimally invasive procedures. The company, led by President and CEO Robert Kline, initially centered its efforts on the pediatric market, addressing the need for smaller, appropriately-sized tools for surgeries on patients ranging from neonates to teenagers. A significant turning point in the company's trajectory occurred in November 2021, when it was acquired by Hologic, Inc., a global leader in women's health, for approximately $160 million. This strategic acquisition was set to expand Hologic's surgical portfolio and extend Bolder's technology into the significantly larger obstetrics and gynecology market.
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The company's business model revolves around the development, manufacturing, and sale of advanced energy vessel sealing and dissection tools. Its products are distributed across the United States and internationally to hospitals and surgical centers. The acquisition by Hologic provided Bolder with access to a vast commercial channel and established relationships with OB/GYN specialists, creating a substantial growth opportunity. Prior to the acquisition, Bolder Surgical was projected to generate around $10 million in revenue for the 2021 calendar year.
Bolder Surgical's product line is distinguished by its focus on creating combination devices that enhance surgical efficiency by reducing the need for instrument exchanges. Key products include the CoolSeal™ Vessel Sealing platform, which features advanced bipolar radiofrequency (RF) technology. This platform includes the 3mm CoolSeal Mini™ vessel sealer and the 5mm CoolSeal Trinity™, a multifunctional instrument designed for dissection, vessel sealing, and dividing. These devices are noted for their slender, dual-action jaws and minimal thermal spread, which is crucial when operating near delicate structures. Another core offering is the JustRight® line, which includes a 3 mm vessel sealer and a 5 mm stapler, both created for procedures in confined surgical spaces.
At a glance
- Status
- Acquired
- Founded
- 2010
- Headquarters
- Boulder, United States
- Employees
- 14
- Open positions
- None listed
- Dealroom signal
- 32.5/100
- Industry
- Health
- Sub-industry
- BioTechnology, Medical Devices, Health Platform
- Sector
- Biotech & Life Sciences, Biotechnology, Surgery, Biotech and Pharma, Hard Tech, DT and LS, science-based
- Technology
- Hardware
- Business model
- Manufacturing
- Client focus
- b2c
Latest news
Press, funding announcements and product moves mentioning Bolder Surgical.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | Oct 2021 | $160M | $160M | Hologic | — |
| SERIES C✓Equity / VC | Jan 2019 | $27M | $108M | RC Capital · Providence Ventures | — |
Growth signals
Latest recorded traffic for Bolder Surgical is 110 monthly website visits. Bolder Surgical's team declined 66.7% over the past year.
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series B and later2 investors entered at this stage
RC Capital
Providence Ventures
Other known investors2 additional known investors
Hologic
Western Technology Investment
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Bolder Surgical on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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