Equifund Launches Regulation Crowdfunding Offering for Kleiner Device Labs

Equifund, a private market investment platform that delivers vetted, early-stage investing opportunities, is launching a Regulation Crowdfunding offering for Kleiner Device Labs, a company developing patented devices to improve the outcomes of spinal surgery and help them be less painful and less expensive. 
 
“We’re excited to announce the launch of a Reg-CF offering for Kleiner Device Labs,” said Jordan Gillissie, CEO of Equifund. “Kleiner has patented several devices that help reduce the risks—and improve the results—of highly sensitive spinal surgeries. We’re very proud Kleiner chose Equifund to be the exclusive portal for its offering and are excited to give the public a chance to invest in this company at an early stage.”
 
Kleiner Device Labs’ holds 23 U.S. patents protecting its tools and technologies. The company has developed two of the primary pieces of equipment and implants available for use in the spine. Its KG1 bone graft delivery tool increases the delivery of bone graft material by more than 40 percent and is currently being used in surgery centers across the country. Its new KG2 system is in development and has the potential to greatly simplify the bone graft delivery method while reducing the potential for operative complications and improving patient outcomes. 
 
“Back pain is something millions of people live with every day. The problem is that current surgical methods to relieve pain are complicated, risky, and invasive,” said Kleiner Device Labs Founder and CEO Dr. Jeffrey Kleiner. “Our patented technology greatly improves the surgical procedure for spinal fusion.  We transform what is normally a complex, multi-step process into a simpler, single-step process that is minimally invasive with lower risk to the patient at a lower cost. Our system allows a good spinal surgeon to be even better.”
 
It’s estimated surgeons perform over 400,000 instrumented spinal fusions every year in the United States. By 2026, the spinal fusion device market is expected to hit $13.85 billion. 
 
“We are in the business of reducing pain,” said Dr. Kleiner. “We believe our technology has the potential to revolutionize the spinal fusion market and become industry standard in the coming years.”
 
Information about the terms of the offering, the necessary offering documents, and executing an investment can be found here.