Proa Medical raised $1.1 million in an indefinite offering of equity, options, warrants and other securities that has so far drawn 12 investors, according to a report filed with the SEC.

The Redondo Beach, Calif.-based Proa Medical, formerly called MedTools Inc., is a private company founded in 2010 by a team of physicians.

CEO Arman Nadershahi submitted the offering to the Office of Management and Budget for approval in April. The 1st sale occurred on April 21, 2013, according to the regulatory filing.