About Inspire Medical Systems

Inspire Medical Systems, Inc., based in Minneapolis, Minnesota, was created to be the world's leading provider of innovative and cost-effective implantable therapeutic devices for the treatment of Obstructive Sleep Apnea. The focus for the company is developing and commercially releasing the Inspire system for the treatment of Obstructive Sleep Apnea (OSA). The company was formed when the intellectual property for the Inspire System was licensed and spun out from Medtronic in 2007 through financing provide by blue-chip venture investors Kleiner Perkins Caufield & Byers, U.S. Venture Partners and Glen D. Nelson, M.D., through GDN Holdings. Medtronic also invested in the company, maintains a minority ownership position and provides important contract manufacturing to the company. The leadership team of Inspire Medical Systems oversaw the development of the technology at Medtronic and managed the successful spin-out of the program as an independent enterprise.