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Sandbox Industries's Overview

Total employees57
HeadquartersChicago
Founded2003

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.

Where is Sandbox Industries's Headquarters?

HQ Function

The headquarters serves as the central hub for investment strategy, deal sourcing and execution, portfolio company management, corporate partner relations, and administrative operations.

Notable Features:

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.

Work Culture:

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.

HQ Significance:

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.

Values Reflected in HQ: The headquarters' design and operations likely reflect Sandbox's core values: strategic insight, collaboration, innovation, integrity, and a commitment to fostering growth and transformation within its target industries.

Location:

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.

Street Address:

125 S. Wacker Drive, Suite 2950

City:

Chicago

State/Province:

IL

Country:

USA

Sandbox Industries's Global Presence

Buying Intent Signals for Sandbox Industries

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of Sandbox Industries

As of April 2025, Sandbox Industries' leadership includes:

Bob Shapiro - Co-Founder and Managing Director
Lon Chow - Co-Founder and Managing Director
Chris Bender - Managing Director
Matt G. Huels - Managing Director

Investors of Sandbox Industries

Sandbox Industries has been backed by several prominent investors over the years, including:

Blue Cross Blue Shield Plans (various, as Limited Partners in managed funds like BCBS Venture Partners)
Major Corporations in Healthcare, Insurance, and Financial Services (as strategic Limited Partners)
Institutional Investors and Family Offices

Executive New Hires/Exits in the Last 12 Months

Hire0
Exits0

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.

Technology (Tech Stack) used by Sandbox Industries

Discover the tools Sandbox Industries uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Sandbox Industries Email Formats and Examples

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

News and media

Fierce HealthcareNovember 9, 2023

Sandbox Industries news title: Blue Cross Blue Shield venture arm launches $300M second fund managed by Sandbox Industries

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 WireAugust 2, 2023

Sandbox Industries news title: OSF Ventures Joins Sandbox Industries’ Healthbox DiH Fund II

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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