Sandbox Industries
Venture capitalChicago · Seed–Growth · 44 people tracked
Also known as 213 MANAGEMENT, LLC · SANDBOX HOLDINGS, LLC · SANDBOX INVESTMENT MANAGEMENT, LLC
Investment thesis
Sandbox Industries invests in innovation aimed at transforming healthcare and insurance, industries it considers crucial to the future of human livelihood. It blends traditional venture investing with corporate strategic investing by bringing industry leaders in as strategic limited partners, creating ecosystems that connect strategic investors, financial investors, and portfolio companies. Through vehicles such as the Blue Venture Funds—a collaboration with Blue Cross Blue Shield companies and the BCBS Association—it backs venture and growth opportunities in healthcare technology, healthcare services, and clinical sciences. In insurance, it invests in technology transforming insurance and financial services, leveraging relationships with leading insurers.
Source: firm website, verified Aug 3, 2026.
Team · 44 people
from the firm's website & public directoriesWhat they invest in
from 14 of 31 portfolio companiesAI & Machine Learning ×6Biotech ×4AgTech ×3Enterprise Software ×3FoodTech ×3Healthtech ×3InsurTech ×3SaaS ×3
HQs:United States×9Ireland×1Mexico×1
Investments · 31 tracked
founders shown can be your intro pathOctave develops blood-based biomarker tests for neurodegenerative diseases including multiple sclerosis, Parkinson's disease, and Alzheimer's disease.
AI & Machine LearningBiotechDigital HealthMedical DevicesMenlo Park, US
William Hagstrom(Founder and Chairman)Doug Biehn(President and CEO)
Confianza.mx is a Mexican surety bond (fianzas) broker offering bonding solutions through partnerships with insurance companies in the sector.
FintechInsurTech
Data Dimensions provides technology-enabled services for medical records management, claims processing, eBilling, document management, and business process automation.
AI & Machine LearningGovTechHealthtech
Debut Ventures is an advisory firm that works alongside leadership teams on market validation, fractional CxO support, and crisis management and turnarounds for early-stage and high-potential companies.
Enterprise Software
Santa Fe, US
Suzanne McBride(Director)Mark Johnson(Executive Officer, Director, Promoter)Eric Chin(Director)Andrew Ziolkowski(Director)James Montgomery(Director)
Gradient AI develops underwriting and claims management software for group health, property & casualty, and workers' compensation insurance.
AI & Machine LearningData & InfrastructureEnterprise SoftwareHealthtechInsurTechDurham, US
Stan Smith(Founder & CEO)Ouwen Huang(Executive Officer, Director)Shana Barghouti(Director)Satish Tadikonda(Director)Matt Bailey(Director)Joshua Miller(Executive Officer, Director)
IngredientWerks is a molecular farming company that engineers crops to produce animal-identical proteins as plant-based ingredients for the alternative protein food market.
AgTechBiotechFoodTechWoburn, US
Steve Snyder(Director)Clinton Bybee(Director)Ronald Warner Meeusen(Director)James Schultz(Director)Matthew Plavan(Executive Officer, Director)
Nuritas uses AI to discover bioactive peptides in plants and other natural sources and validates them through clinical trials, producing health ingredients such as PeptiStrong, PeptiSleep, and PeptiYouth.
AI & Machine LearningBiotechFoodTechDublin, IE
Dr. Nora Khaldi(Founder & CEO)John Casey(Chief Manufacturing & Supply Chain Officer)Conor Walshe(Chief Financial Officer)Alison Anderson(Chief People Officer)
New York, US
Eric Woodward(Director)Stuart Ellman(Director)Rodger Desai(Executive Officer, Director)Thomas FitzSimmons(Executive Officer)Michael Brody(Director)Kevin Talbot(Director)
AgTechEmeryville, US
Cheryl Martin(Director)Paul Beck(Executive Officer)Dave Vosburg(Executive Officer)Adam Litle(Executive Officer, Director)Paimun Amini(Director)David Pierson(Director)
Verituity provides a verified payouts platform with pay-by-anything capabilities, aimed at making disbursements accurate, verified, and delivered on time for banks, payers, and payees.
Enterprise SoftwareFintechSaaSMclean, US
Benjamin Turner(Executive Officer, Director)Ben Turner(Chief Executive Officer & President)Chris Smith(Chief Operating Officer)Anthony Renzette(Chief Product Officer)Andy Brooks(Chief Financial Officer)
BoardDonald Dixon(Director)
Vestaron Corporation makes peptide-based biological crop protection products, including its SPEAR family of bioinsecticides, for use in agriculture.
AgTechBiotechCleantechNew MaterialsKalamazoo, US
Juan Estupinan(Executive Officer, Director)Dawn de los Santos(Executive Officer)Robert Kennedy(Executive Officer)Elin D. Miller(Director)Philip Austin(Director)Ron Meeusen(Director)
Frequently asked questions
- What stage does Sandbox Industries invest at?
- Sandbox Industries invests at the Seed, Series A, Series B, Series C, Growth stages.
- What sectors does Sandbox Industries focus on?
- Sandbox Industries focuses on Digital Health, Fintech, Healthtech, InsurTech, Medical Devices.
- Where is Sandbox Industries located?
- Sandbox Industries is headquartered in Chicago, US.
- Does Sandbox Industries lead rounds?
- Sandbox Industries typically participates in rounds rather than leading them.
Media · Podcasts & interviews
featuring the teamSandbox Industries' Nick Rosa: On Entrepreneurship
ExcelerateLabs · Nick Rosa
Images
Co-investors · 33
RRE Ventures is a boutique early-stage venture capital firm that backs founders across sectors, combining decades of experience with AI-driven analysis throughout the investment lifecycle.
Oak HC/FT is a growth equity firm that partners with founders building companies in healthcare and financial services, with a focus on enterprise technology and AI.
Relay Ventures is an early-stage venture capital firm that backs founders from pre-seed and seed through later financing stages, focusing on ideas that address major pain points in large, fast-growing markets.
.406 Ventures is an early-stage venture capital firm that partners with founders building companies in healthcare, data and AI, and cybersecurity.
Northpond Ventures is a science- and technology-driven investment firm that backs breakthrough businesses aiming to have a significant impact on humanity.
ForgePoint Capital is a thesis-driven venture firm investing in early-stage companies in cybersecurity, AI, and infrastructure software.
GV (formerly Google Ventures) is a venture investment firm that backs founders across many industries, aiming to build long-term relationships and support companies across multiple stages and milestones.
Craft Ventures is a venture capital firm founded and run by former founders, operators, and investors who provide startups with hands-on support, senior talent access, and proven scaling playbooks.
Bessemer Venture Partners is a venture capital firm that partners with entrepreneurs from early stages through every stage of growth, publishing investment roadmaps across multiple technology sectors.
Khosla Ventures is a venture capital firm known for backing bold, contrarian bets in world-class teams that can reshape entire industries.
SOSV is a deep tech venture capital firm that makes first-check pre-seed investments and follow-on rounds in startups focused on human and planetary health, providing lab space and hands-on support at its US locations.
Mayfield Fund is a venture capital firm publishing perspectives on artificial intelligence, focusing on what it calls the Collaborative Intelligence era where humans and AI work together.
▶21 more co-investors
AccompliceInitialized CapitalCoinbase VenturesNextGen Venture PartnersSilverton PartnersNext Coast VenturesAZ-VCAsset Management VenturesFirefly HealthSV Health InvestorsMeridian Street CapitalTencent HoldingsRPM VenturesCVS Health VenturesHealthQuest CapitalFlyover CapitalAction Potential Venture Capital Ltd.Saltagen VenturesBlueCross BlueShield Venture Partnersmark vcGermin8 Ventures
Firms observed investing alongside Sandbox Industries, from public investor directories. Shared companies are the overlap with Sandbox Industries's recorded portfolio.
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