Jay Caplan is Co-founder and President of Fractyl and has held leadership positions in the medical device field for twenty years. Prior to founding Fractyl, Jay was the Chief Operating Officer of the Candela Corporation, a world leader in aesthetic devices. Previously, he was Chief Technology Officer and Vice President of Research and Development of InfraReDx, Inc. a venture-backed startup developing a novel cardiovascular imaging system to identify lipid-rich coronary plaques. Prior to InfraReDx, Jay was VP Operations for Thermo Cardiosystems, where he led the team developing the HeartMate II left ventricular assist device. Jay holds a B.S. in Electrical Engineering from M.I.T. and an M.B.A. from The Wharton School.

Jim Kasic leads Boulder BioMed and is a serial entrepreneur with over 30 years of experience in Class I, II, and III medical device industry. Through Boulder BioMed, Jim served as the president and CEO of Sophono, Inc. a multinational manufacturer and distributor of implantable hearing devices for 4 years. His range of experience spans large multi-national organizations to start-ups with a domestic and international scope. These include W.L. Gore and Associates, Boston Scientific, Battelle Memorial Institute and Otologics.

Among his accomplishments are having raised more than $10 million for Sophono, the development of several unique implantable medical devices in vascular, otolaryngology, and bariatric fields. Mr. Kasic has been responsible for creating and successfully executing strategies in product and market development and has built engineering, research, and sales and marketing organizations. These activities have resulted in more than 40 U.S. and international patents and dozens of scientific publications. Mr. Kasic holds a Bachelor of Science degree in physics, a Master of Science degree in chemical/biological engineering from the University of Colorado, Masters of Business Administration.

Mr. Kasic has been instrumental in two successful exits. The sale of OrthoWin in 2012, where he served as president, to BioMed and the sale of Sophono in 2015, which he co-founded and served as CEO, to Medtronic.

Mr. Kasic is also a former Hawaii Ironman competitor, an NTRP 4.5 tennis player, competitive trail runner, expert telemark skier and avid mountain bike enthusiast.