Sandbox Industries is a Chicago-based venture capital firm that builds and manages industry-specific, collaborative venture funds. They focus on connecting established corporations with innovative startups to drive growth and transformation. Key sectors include healthcare (Blue Cross Blue Shield Venture Partners, Healthbox), insurance, and financial services. Their model emphasizes deep domain expertise and strong corporate partnerships to foster impactful innovation.
The headquarters serves as the central hub for investment strategy, deal sourcing and execution, portfolio company management, corporate partner relations, and administrative operations.
Modern office space in a prominent downtown Chicago skyscraper, designed to facilitate collaboration, strategic meetings, and confidential discussions. Equipped with state-of-the-art technology for communication and analysis.
A dynamic, intellectually stimulating, and collaborative environment. The culture emphasizes deep industry expertise, entrepreneurial thinking, rigorous analysis, and building strong, lasting relationships with both corporate LPs and portfolio companies. It's results-oriented with a focus on driving meaningful innovation.
The Chicago headquarters is the strategic core of Sandbox Industries' operations, where key investment decisions are made. It serves as a vital link between large corporations seeking innovation and emerging startups offering disruptive solutions, particularly within the U.S. healthcare, insurance, and fintech ecosystems.
While headquartered in Chicago, Sandbox Industries primarily focuses on investments within the United States. However, their portfolio companies may have global operations or aspirations. The firm's corporate partners and the industries they impact (like healthcare and insurance) often have a global dimension, influencing their strategic outlook.
125 S. Wacker Drive, Suite 2950
Chicago
IL
USA
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As of April 2025, Sandbox Industries' leadership includes:
Sandbox Industries has been backed by several prominent investors over the years, including:
Based on publicly available information, there have been no major new hires or exits at the Managing Director level within Sandbox Industries in the last 12 months, indicating stability in top leadership. Team growth typically occurs at Principal, Vice President, or Associate levels.
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Sandbox Industries likely uses common professional email formats. Based on industry patterns, one of the most probable formats is the first initial followed by the last name.
[first_initial][last]@sandboxindustries.com
Format
jdoe@sandboxindustries.com
Example
85%
Success rate
Fierce Healthcare • November 9, 2023
Blue Cross Blue Shield Association's venture arm, Blue Venture Fund, announced its second fund of $300 million. The fund is managed by Sandbox Industries and will focus on digital health startups and technology improving healthcare affordability, accessibility and equity....more
Business Wire • August 2, 2023
OSF Ventures, the corporate venture capital arm of OSF HealthCare, announced its investment in Healthbox DiH Fund II, L.P., a digital health-focused venture fund managed by Sandbox Industries. This partnership aims to accelerate the adoption of innovative digital health solutions....more
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