I/VC  Sandbox Industries

http://www.sandboxindustries.com





     Office Locations:

1000 W. Fulton Market #213
Chicago, IL 60607
Phone: 312-243-4100
Fax: 312-243-4110

 

Stages:

  • Early
  • Seed


 

Industries:

  • Information Technology
  • Life Sciences & Healthcare

  •  

    Description:

    Founded in 2003, Sandbox Industries is an early-stage venture capital firm located in Chicago. The Sandbox team incubates new businesses and engages in fund management activities. Sandbox Ventures is an $18.8 million seed stage fund that invests in businesses at the idea or early concept phase. The fund was created primarily for businesses incubated by Sandbox Industries but the firm also considers ideas brought to it by independent entrepreneurs. Sandbox's investment amount ranges from $50k to $2 million. Sandbox is also the exclusive manager of the BlueCross BlueShield Venture Fund. BlueCross BlueShield Venture Partners, L.P. is a $116 million corporate venture fund, sponsored by the BlueCross BlueShield Association, and invests up to $10 million in each portfolio company. The fund's objective is to invest in promising emerging companies of strategic relevance to the 11 BlueCross BlueShield companies that have made voluntary capital commitments. The Sandbox Industries Incubator is in the business of creating, developing and investing in new businesses. Sandbox employs a comprehensive business development process that takes new businesses from conception to successful operation and liquidity. About 1,000 plausible ideas for new businesses are required in order to launch 2-6 businesses per year.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    Andy Ziolkowski Managing Director
    Chris Zock Managing Director
    Jennifer Naylor Chief Financial Officer
    Matt Downs C0-CEO
    Mike Spadafore Managing Director

     

    Recent Funding Events (trailing 12 months):


      Date


      Name


      State


      Amount


      Stage


      11/01/2023


      Layr


      GA


      $10,000,000


      


     

    Portfolio companies include:


      Layr
        web link


     

    Recent News: