Sandbox Industries

Sandbox Industries, established in 2003 and based in Chicago, is a venture capital firm that focuses on early-stage investments across healthcare, technology, agriculture, and food industries. The firm operates three primary business lines: forming venture funds in collaboration with strategic corporate partners, running new business accelerator programs, and providing innovation consulting services. Notably, Sandbox serves as the exclusive partner for Blue Cross and Blue Shield Venture Partners, facilitating connections between healthcare entrepreneurs and a network of Blue plans nationwide. Additionally, the firm manages the Cultivian Sandbox Food & Agriculture Fund II, which invests in innovative technologies within the food and agriculture sectors. Through its Healthbox accelerator, developed with Blue Cross and Blue Shield Venture Partners, it supports healthcare startups in various U.S. cities and London. Sandbox also collaborates with TechStars Chicago to enhance entrepreneurial growth. Its innovation consulting arm, Sandbox Innovation Partners, assists established corporations in engaging with emerging companies through partnerships, pilots, investments, or acquisitions.

Alex Behar

Vice President

Binoy Bhansali

Managing Director

Kelly Carlquist

vice_president

Jennifer Levin Carter

Partner

Matt Downs

Managing Partner, Co-CEO

Steve Engelberg

Partner

Steve Engleberg

Managing Director, Food and Agriculture

Michelle Gouveia

Vice President

Thomas Hawes

Partner

Gretchen Hayes

Partner

Christian Horn

Associate

Kelsey Maguire

Partner

Ron Meeuson

Managing Director, Food and Agriculture

Jennifer Naylor

Chief Financial Officer

Tunde Oshinowo

Associate

Dan Phillips

Partner

Emir Sandhu

Partner

Bob Shapiro

Chairman

Bo Shi

Vice President

Mike Spadafore

Partner

Kelsey Tsai

Vice President

Zachary Young

Vice President

Christopher Zock

Managing Director

86 past transactions

Layr

Series A in 2022
Layr Holdings operates as an online insurance agency designed for business owners and entrepreneurs in the United States. The company provides an AI-powered platform that automates the functions of traditional brokers and underwriters, allowing users to customize their insurance policies and coverage limits to meet their specific business needs. Through a user-friendly self-service portal, business owners can efficiently purchase tailored insurance in just minutes while managing common insurance-related tasks. Layr was incorporated in 2019 and is based in Atlanta, Georgia.

Leaf Agriculture

Seed Round in 2020
Leaf Agriculture is a company based in Florianopolis, Brazil, founded in 2017, that specializes in providing a data network for the agriculture industry. It offers an application programming interface (API) platform that connects various agricultural technologies, enabling access to data from equipment, sensors, and software platforms. This API facilitates developers in validating grower consent and accessing high-quality agricultural data, ultimately allowing them to scale their products effectively. By streamlining data access through a unified interface, Leaf Agriculture aims to contribute to a healthier food system, enhance farmers' profitability, and promote environmental sustainability.

PWNHealth

Private Equity Round in 2020
PWNHealth, LLC is a New York-based company that specializes in lab connectivity, compliance, and patient outreach solutions. Founded in 2015, PWNHealth offers a cloud platform designed to facilitate consumer access to diagnostic testing across various sectors, including population health, telemedicine, consumer testing, life sciences, and diagnostic labs. The company operates a 50-state physician network that supports telehealth and telegenetics initiatives, enabling it to process over five million diagnostic screens annually. PWNHealth's technology solutions also assist clients in maintaining compliance with state and federal regulations, ensuring a seamless experience for patients seeking health and wellness services.

Cooks Venture

Series A in 2020
Cooks Venture is a vertically integrated agricultural company to operate solely on regenerative agriculture. Their very special chickens come from an ancestry of breeding heirloom and heritage chickens that have better health and livelihood than conventional chickens. Their breeds develop juicier meat and crispier skin that is more flavorful and more tender than that of conventional chickens. In addition, they are air-chilling their chickens (as opposed to water-chilling), so their chickens have a better flavor and texture. Cooks Ventures touts itself as the only vertically integrated chicken producer in the US that has an independent genetics operation breeding through selection, not genetic engineering without ties to the two globally consolidated genetics companies. They support local farmers by feeding their bird's local Non-GMO feed grown using methods that improve soil health and directly translate to better nutrition for the bird and farmers. Cooks Ventures was founded in 2018 and is headquartered in New York, NY, United States.

Sound Agriculture

Series C in 2020
Sound Agriculture uses molecular discovery to create climate-resilient crops, enhancing harvest yields for growers. They also use an innovative life science approach to sustainably increase farming productivity. The company was founded in 2013 and headquartered in Emeryville, California.

Culture Biosciences

Series A in 2020
Culture Biosciences, founded in 2016 and headquartered in San Francisco, California, specializes in developing automated bioreactors and tools for fermentation. The company provides a digital bio-manufacturing platform that allows biotech companies to optimize their manufacturing processes, enabling them to bring products to market more efficiently. By utilizing robotic sample handling and cloud-based data monitoring and analysis, Culture Biosciences helps scientists run, monitor, and analyze bioreactors more quickly than traditional methods. This innovative approach supports the biotechnology sector in enhancing productivity and streamlining workflows.

Wayspring

Series C in 2020
Wayspring, formerly known as Axial Healthcare, Inc., is a Nashville-based company that develops a cloud-based clinical decision support platform aimed at managing the cost and quality of patient care, particularly in the realm of substance use disorders (SUD). The platform connects patients, healthcare providers, and health plans, offering individualized solutions that span the entire spectrum of substance use, from risk assessment to recovery. It includes features such as predictive analytics and a decision-support system that provides insights into pain management and opioid-related risks. The technology facilitates data-driven decision-making at the point of care, equipping healthcare professionals with essential tools and information to identify at-risk patients and ensure continuity of care. Through its interactive platform, Wayspring aims to improve healthcare outcomes by mending fragmented care systems and supporting patients on their recovery journey.

FarmlandFinder

Seed Round in 2019
FarmlandFinder is a provider of an online marketplace intended to make the world's farmland information accessible. The company's marketplace connects farmers with the right farmland and offers information of upcoming land sales, sale price records, sale comparison tool, soil composition maps, enabling clients to reduce time spent on researching farmland real estate market as well as cost of selling, renting and acquiring farmland.

Corvium

Venture Round in 2019
Corvium, Inc. provides software solutions for food safety. It offers Control-Pro solutions that provides visualization, monitoring, analytics, and documentation of food safety testing and electromagnetic pulse testing lifecycle that reduces undetected contamination and recalls. The company also provides insights food solutions that monitors data flows and provides tailor-made food safety performance. It serves food processors, retailers, and consumers. Corvium, Inc. was formerly known as Sample6, Inc. and changed its name to Corvium, Inc. in August 2019. The company was founded in 2009 and is headquartered in Reston, Virginia with an additional office in Boston, Massachusetts.

Agrivida

Venture Round in 2019
Agrivida, Inc. is an agricultural biotechnology company that specializes in developing feed additives and renewable biomass-based alternative fuels. Founded in 2002 and based in Cambridge, Massachusetts, Agrivida focuses on nutritional solutions for a variety of livestock, including poultry, swine, dairy and beef cattle, and aquaculture. The company offers products such as GRAINZYME, a phytase feed additive for poultry, and INzyme Enzymes, which provide regulated enzymes for various applications including detergents and food production. In addition, Agrivida develops corn varieties optimized for producing ethanol from corn stover, contributing to the production of clean-burning, renewable fuels.

Phylagen

Series A in 2019
Phylagen, Inc. is a data analytics company based in San Francisco, California, that focuses on microbiome data solutions. Founded in 2014, the company employs DNA sequencing and machine learning to analyze complex genetic signatures found within the environmental microbiome. By transforming this extensive and largely unexplored dataset into actionable insights, Phylagen aims to support decision-making for businesses across various industries. Through its innovative approach, Phylagen harnesses the potential of microbial data to provide valuable analytics that can enhance operations and strategies for its clients.

OncoHealth

Series B in 2018
OncoHealth specializes in oncology benefits management solutions, offering services such as prior authorization, clinical decision support, physician education, expert peer review, and performance reporting. The company also features MATIS, a clinical decision support software designed for healthcare plans and providers, which enhances the analysis of cancer treatment and benefits management. Founded in 2009 and headquartered in Atlanta, Georgia, with an additional location in Plantation, Florida, OncoHealth employs a data-driven approach to help health plans, providers, and patients navigate oncology care. Its prior authorization platform supports approximately 5 million health plan members across the United States and Puerto Rico, addressing a comprehensive range of cancer treatments, including chemotherapy, radiation therapy, precision medicine, targeted therapy, and supportive care.

Geltor

Series A in 2018
Geltor, Inc. produces bioactive animal free collagens and other proteins for beauty, nutrition, and other applications. It offers Collume, a bio-designed collagen technology for skincare cellular regeneration, protection, and derma-collagen synthesis; and HumaColl21, a collagen product that delivers collagen, elastin, laminin, and fibronectin boosting effect for skin care. The company also provides vegan collagen peptides and other novel proteins for functional food and nutraceutical formulas. Geltor, Inc. was incorporated in 2015 and is based in San Leandro, California.

Full Harvest

Series A in 2018
Full Harvest Technologies, Inc. operates a business-to-business platform that connects large farms with food companies, facilitating the sale of surplus and imperfect produce. Established in 2016 and based in San Francisco, the company addresses the significant issue of food waste in the United States, where approximately 20 billion pounds of produce are discarded annually due to strict retailer standards regarding appearance. By creating a marketplace for this unutilized yet perfectly edible produce, Full Harvest aims to provide farmers with an additional revenue stream while helping food businesses reduce costs. The platform utilizes proprietary technology and an innovative supply chain model to enhance sustainability in the food system, ultimately benefiting both producers and consumers by minimizing waste and promoting the availability of affordable, healthy food options.

Patientco

Series B in 2018
Patientco® is the only cloud-based platform specifically designed to help patients better understand, manage, and pay their healthcare bills, AND help providers improve their revenue cycle by giving them the tools they need to dynamically engage patients, manage payments, and automate the entire process. Founded in 2009, Patientco is a passionate team of long-time healthcare and technology professionals, joined together with one goal: to positively change patient financial engagement for the mutual benefit of patients and providers. Patientco is based in Atlanta, GA, and backed by BlueCross BlueShield Venture Partners, L.P. and Sandbox Industries.

Lumiata

Series B in 2018
Lumiata is transforming the healthcare enterprise through the application of AI. Bringing predictive power within reach of data science teams and business users, we’re driving predictability and precision at scale — empowering providers and payers to reduce risk and manage costs and move out of reliance on flat data into a future of insights. Lumiata machine learning tools and pre-trained models comprise a scalable platform purpose-built for healthcare. Lumiata products are built from more than 120 million patient records, in-depth clinical knowledge, and its proprietary clinical IP. Lumiata enables healthcare organizations to explore use cases such as underwriting and care management. Lumiata is proud to be backed by Khosla Ventures, Blue Venture Fund, Defy.vc, and AllegisNL Capital. Team Lumiata is distributed across Silicon Valley, Dallas, and Guadalajara, Mexico.

Contessa

Series C in 2018
Contessa is a Nashville-based company that specializes in Home Recovery Care, a model that provides hospital-level care to patients in their homes. Founded in 2015, Contessa aims to improve patient outcomes while reducing costs for health systems and health plans. The company's proprietary health informatics platform supports its services, which include home hospitalization programs and bundled payment managed services. ContessaCare enables healthcare providers to administer inpatient care without the need for hospital admission, enhancing the patient experience. Additionally, the company offers ContradoClaim, a claims analytics solution that facilitates prospective payment administration. Through its innovative approach, Contessa is leading the way in transforming care delivery in the healthcare sector.

Picwell

Series B in 2018
PICWELL INC. operates an online predictive recommendation engine that enables consumers to select their health plan. The company forecasts a consumer's future healthcare needs using lifestyle, behavioral, and financial data, as well as various health claims. It serves exchanges and marketplaces, benefit platforms, lead generators, agents and brokers, retail pharmacies, and employers. The company was incorporated in 2013 and is based in Philadelphia, Pennsylvania.

Nuritas

Series A in 2017
Nuritas is revolutionising the discovery of novel, natural and scientifically proven active ingredients that can manage and improve human health. The company’s disruptive computational approach to discovery uses artificial intelligence and genomics to, for the first time ever, rapidly and efficiently predict and then provide access to the most health-benefiting components hidden within food, called bioactive peptides.

SwipeSense

Series B in 2017
SwipeSense, Inc. offers a hand hygiene solution that combines point-of-care hand hygiene dispensers with real-time data from existing dispensers. The company offers portable dispensers, badges, wall mounted dispensers, hubs, and analytics. It serves the healthcare industry. The company was incorporated in 2011 and is based in Chicago, Illinois.

Lumiata

Series A in 2017
Lumiata is transforming the healthcare enterprise through the application of AI. Bringing predictive power within reach of data science teams and business users, we’re driving predictability and precision at scale — empowering providers and payers to reduce risk and manage costs and move out of reliance on flat data into a future of insights. Lumiata machine learning tools and pre-trained models comprise a scalable platform purpose-built for healthcare. Lumiata products are built from more than 120 million patient records, in-depth clinical knowledge, and its proprietary clinical IP. Lumiata enables healthcare organizations to explore use cases such as underwriting and care management. Lumiata is proud to be backed by Khosla Ventures, Blue Venture Fund, Defy.vc, and AllegisNL Capital. Team Lumiata is distributed across Silicon Valley, Dallas, and Guadalajara, Mexico.

AbleTo

Series D in 2017
AbleTo is a leading provider of virtual behavioral health care. Deep behavioral health insights and an integrated proprietary platform identifies and engages the right patients with the right support – when and how they want it. Their proven programs improve clinical outcomes and lower health care costs. AbleTo is committed to reach people with unmet behavioral health needs and eliminate barriers through virtual care. Their high-quality behavioral health care delivers results for their patients and their clients. AbleTo is proven to improve health outcomes and reduce medical costs with a program that earns high satisfaction scores from patients.

Solera Health

Series B in 2017
Solera Health, Inc. operates a technology platform that matches payers, doctors, patients, and physicians with community organizations and digital therapeutics companies offering treatments for hypertension, stress, inadequate sleep, tobacco usage, obesity, and more. Its platform helps in consolidating healthcare programs and services into a single marketplace allowing health plans and medical providers to increase consumer participation. The company was founded in 2015 and is based in Phoenix, Arizona.

HarvestPort

Series A in 2017
HarvestPort Exchange, Inc. operates an online platform that facilitates the rental of used agricultural assets and equipment, connecting lenders with renters in the agricultural sector. Founded in 2015 and headquartered in Los Angeles, California, HarvestPort serves as a marketplace where farmers and agricultural professionals can find and rent necessary equipment based on seasonal demands. The platform provides comprehensive services, including documentation of available assets, matching requests with qualified lenders, analyzing user profiles for targeted recommendations, and managing transactions and billing. By streamlining access to agricultural resources, HarvestPort supports efficient farming practices and promotes the shared economy within the agricultural industry.

Solera Health

Series A in 2017
Solera Health, Inc. operates a technology platform that matches payers, doctors, patients, and physicians with community organizations and digital therapeutics companies offering treatments for hypertension, stress, inadequate sleep, tobacco usage, obesity, and more. Its platform helps in consolidating healthcare programs and services into a single marketplace allowing health plans and medical providers to increase consumer participation. The company was founded in 2015 and is based in Phoenix, Arizona.

Wayspring

Series B in 2016
Wayspring, formerly known as Axial Healthcare, Inc., is a Nashville-based company that develops a cloud-based clinical decision support platform aimed at managing the cost and quality of patient care, particularly in the realm of substance use disorders (SUD). The platform connects patients, healthcare providers, and health plans, offering individualized solutions that span the entire spectrum of substance use, from risk assessment to recovery. It includes features such as predictive analytics and a decision-support system that provides insights into pain management and opioid-related risks. The technology facilitates data-driven decision-making at the point of care, equipping healthcare professionals with essential tools and information to identify at-risk patients and ensure continuity of care. Through its interactive platform, Wayspring aims to improve healthcare outcomes by mending fragmented care systems and supporting patients on their recovery journey.

Contessa

Series B in 2016
Contessa is a Nashville-based company that specializes in Home Recovery Care, a model that provides hospital-level care to patients in their homes. Founded in 2015, Contessa aims to improve patient outcomes while reducing costs for health systems and health plans. The company's proprietary health informatics platform supports its services, which include home hospitalization programs and bundled payment managed services. ContessaCare enables healthcare providers to administer inpatient care without the need for hospital admission, enhancing the patient experience. Additionally, the company offers ContradoClaim, a claims analytics solution that facilitates prospective payment administration. Through its innovative approach, Contessa is leading the way in transforming care delivery in the healthcare sector.

Agrivida

Series E in 2016
Agrivida, Inc. is an agricultural biotechnology company that specializes in developing feed additives and renewable biomass-based alternative fuels. Founded in 2002 and based in Cambridge, Massachusetts, Agrivida focuses on nutritional solutions for a variety of livestock, including poultry, swine, dairy and beef cattle, and aquaculture. The company offers products such as GRAINZYME, a phytase feed additive for poultry, and INzyme Enzymes, which provide regulated enzymes for various applications including detergents and food production. In addition, Agrivida develops corn varieties optimized for producing ethanol from corn stover, contributing to the production of clean-burning, renewable fuels.

IDX

Venture Round in 2016
ID Experts brings simplicity and efficiency to the complex world of data privacy, security, and fraud prevention, through innovative software and service solutions. The personal data your organization captures, stores, and transmits is both a necessity and a liability. The risk of a data breach has never been so high. Neither have the consequences of not complying with federal/state privacy and security regulations like HIPAA/HITECH and GLBA. ID Experts’ focus is to minimize these risks.

Vestaron

Series D in 2016
Vestaron Corporation is a biotechnology company that specializes in developing, manufacturing, and selling peptide-based biologic crop protection products. Founded in 2005 and headquartered in Durham, North Carolina, with a research and development center in Kalamazoo, Michigan, Vestaron offers a range of bioinsecticides including Spear-T for thrips in vegetables and ornamentals, Spear-Lep for various fruits and vegetables, and Leprotec for field use. The company's products are designed to enhance the safety, efficacy, and sustainability of agricultural practices while being safe for humans, birds, fish, and pollinators. By utilizing peptides derived from spiders, Vestaron aims to provide innovative solutions for agriculture, animal health, and commercial pest control applications.

Solera Health

Series A in 2016
Solera Health, Inc. operates a technology platform that matches payers, doctors, patients, and physicians with community organizations and digital therapeutics companies offering treatments for hypertension, stress, inadequate sleep, tobacco usage, obesity, and more. Its platform helps in consolidating healthcare programs and services into a single marketplace allowing health plans and medical providers to increase consumer participation. The company was founded in 2015 and is based in Phoenix, Arizona.

Lumiata

Series B in 2016
Lumiata is transforming the healthcare enterprise through the application of AI. Bringing predictive power within reach of data science teams and business users, we’re driving predictability and precision at scale — empowering providers and payers to reduce risk and manage costs and move out of reliance on flat data into a future of insights. Lumiata machine learning tools and pre-trained models comprise a scalable platform purpose-built for healthcare. Lumiata products are built from more than 120 million patient records, in-depth clinical knowledge, and its proprietary clinical IP. Lumiata enables healthcare organizations to explore use cases such as underwriting and care management. Lumiata is proud to be backed by Khosla Ventures, Blue Venture Fund, Defy.vc, and AllegisNL Capital. Team Lumiata is distributed across Silicon Valley, Dallas, and Guadalajara, Mexico.

OncoHealth

Series A in 2016
OncoHealth specializes in oncology benefits management solutions, offering services such as prior authorization, clinical decision support, physician education, expert peer review, and performance reporting. The company also features MATIS, a clinical decision support software designed for healthcare plans and providers, which enhances the analysis of cancer treatment and benefits management. Founded in 2009 and headquartered in Atlanta, Georgia, with an additional location in Plantation, Florida, OncoHealth employs a data-driven approach to help health plans, providers, and patients navigate oncology care. Its prior authorization platform supports approximately 5 million health plan members across the United States and Puerto Rico, addressing a comprehensive range of cancer treatments, including chemotherapy, radiation therapy, precision medicine, targeted therapy, and supportive care.

IDX

Series A in 2016
ID Experts brings simplicity and efficiency to the complex world of data privacy, security, and fraud prevention, through innovative software and service solutions. The personal data your organization captures, stores, and transmits is both a necessity and a liability. The risk of a data breach has never been so high. Neither have the consequences of not complying with federal/state privacy and security regulations like HIPAA/HITECH and GLBA. ID Experts’ focus is to minimize these risks.

Picwell

Series A in 2015
PICWELL INC. operates an online predictive recommendation engine that enables consumers to select their health plan. The company forecasts a consumer's future healthcare needs using lifestyle, behavioral, and financial data, as well as various health claims. It serves exchanges and marketplaces, benefit platforms, lead generators, agents and brokers, retail pharmacies, and employers. The company was incorporated in 2013 and is based in Philadelphia, Pennsylvania.

Contessa

Series A in 2015
Contessa is a Nashville-based company that specializes in Home Recovery Care, a model that provides hospital-level care to patients in their homes. Founded in 2015, Contessa aims to improve patient outcomes while reducing costs for health systems and health plans. The company's proprietary health informatics platform supports its services, which include home hospitalization programs and bundled payment managed services. ContessaCare enables healthcare providers to administer inpatient care without the need for hospital admission, enhancing the patient experience. Additionally, the company offers ContradoClaim, a claims analytics solution that facilitates prospective payment administration. Through its innovative approach, Contessa is leading the way in transforming care delivery in the healthcare sector.

Descartes Labs

Series A in 2015
Descartes Labs, Inc. specializes in deep learning and image analysis, utilizing advanced machine learning algorithms to categorize and interpret visual data from various sources, including satellites, drones, and cameras. Founded in December 2014 as a spin-out from Los Alamos National Laboratory, the company initially focused on agricultural models to predict crop yields using satellite imagery and weather data. Recognizing the broader applications of its technology, Descartes Labs developed a cloud-based geospatial analytics platform that enables organizations to analyze vast datasets for insights into natural resources and supply chains. The platform processes data from major satellite constellations, providing rapid access to analysis-ready images and supporting intelligent learning models. By normalizing and presenting science-ready data, Descartes Labs accelerates the application of machine intelligence for diverse users, including businesses and governments, enhancing decision-making and operational efficiency. The company is headquartered in Santa Fe, New Mexico, with additional offices in San Francisco, Los Alamos, and New York City.

Solera Health

Series A in 2015
Solera Health, Inc. operates a technology platform that matches payers, doctors, patients, and physicians with community organizations and digital therapeutics companies offering treatments for hypertension, stress, inadequate sleep, tobacco usage, obesity, and more. Its platform helps in consolidating healthcare programs and services into a single marketplace allowing health plans and medical providers to increase consumer participation. The company was founded in 2015 and is based in Phoenix, Arizona.

Tripoto Travel Pvt Ltd

Seed Round in 2015
Tripoto Travel Pvt Ltd operates a comprehensive travel platform that serves a global community of travelers. Founded in 2013 and headquartered in New Delhi, India, the platform allows users to discover and share travel itineraries, photos, maps, guides, reviews, and recommendations. It facilitates the creation of personalized travel content, enabling users to upload their travel experiences and connect with like-minded individuals. The platform covers a wide range of travel options, including city tours, beach holidays, adventure trips, and more, catering to various interests and budgets. With over 6 million monthly visitors, Tripoto fosters a vibrant community where travelers can plan their vacations and share insights, making travel planning more interactive and engaging.

Allay

Seed Round in 2015
Allay Inc. is a benefits consulting company that focuses on providing an online platform for small to medium-sized businesses to manage their employee benefits and health insurance purchasing in a paperless manner. The company allows businesses to collaborate with their preferred brokers to purchase, fund, and administer health insurance plans effectively. Allay specializes in self-funded and level-funded insurance products and assists benefits advisors in modeling various healthcare vendor options and stop-loss insurance contracts. This capability enables consultants to recommend the most cost-effective vendor combinations tailored to specific populations and locations, ultimately leading to improved quality of care and reduced costs for clients. Incorporated in 2014 and based in San Francisco, California, Allay operates as a subsidiary of Novo Benefits, LLC.

BeneStream

Series A in 2015
BeneStream, Inc. provides programs that allow employees to receive government benefits to which they are entitled, such as food stamps, Medicaid, and child health plus. It offers a Web based interface system for brokers and human resources departments that uses employee payroll data to determine an individual's eligibility for government benefits; and provides an individual with a completed application to be signed and submitted. The company also provides Medicaid screening and enrollment service that identifies employees who qualify for Medicaid and enrolls them in the program. It serves insurance brokers and their clients by helping employers in identifying employees who qualify for the government's insurance programs. The company was incorporated in 2013 and is based in New York, New York.

Wayspring

Series A in 2015
Wayspring, formerly known as Axial Healthcare, Inc., is a Nashville-based company that develops a cloud-based clinical decision support platform aimed at managing the cost and quality of patient care, particularly in the realm of substance use disorders (SUD). The platform connects patients, healthcare providers, and health plans, offering individualized solutions that span the entire spectrum of substance use, from risk assessment to recovery. It includes features such as predictive analytics and a decision-support system that provides insights into pain management and opioid-related risks. The technology facilitates data-driven decision-making at the point of care, equipping healthcare professionals with essential tools and information to identify at-risk patients and ensure continuity of care. Through its interactive platform, Wayspring aims to improve healthcare outcomes by mending fragmented care systems and supporting patients on their recovery journey.

SwipeSense

Series B in 2015
SwipeSense, Inc. offers a hand hygiene solution that combines point-of-care hand hygiene dispensers with real-time data from existing dispensers. The company offers portable dispensers, badges, wall mounted dispensers, hubs, and analytics. It serves the healthcare industry. The company was incorporated in 2011 and is based in Chicago, Illinois.

AbilTo

Series C in 2015
AbilTo is a national behavioral healthcare provider, with a network of licensed practitioners in all fifty states. Using a secure telehealth approach, we support individuals facing emotional and behavioral challenges brought on by medical events and life transitions. The company's therapists and behavior coaches help people reclaim their lives. During an eight-week program, participants learn to set achievable goals that get them back on the path to being happier, healthier, and more productive. AbilTo is the brand name used for products and services provided by professional services entities, including AbilTo Behavioral Health Services, P.C. and Sprata Behavioral Licensed Clinical Social Work Services, PLLC., that are managed by or affiliated with AbilTo Inc., a management company.
Advanced Animal Diagnostics, Inc. commercializes proprietary technology for the diagnosis of farm-animal diseases. It uses an animal's own immune response to detect and stage infections to improve the quality of life for producers, processors, animals, and consumers. The company offers QuickSmear, a rapid differential slide to speed and simplify production animal research using differential cell counts; and SCC+ System for early detection of mastitis. Advanced Animal Diagnostics was founded in 2001 and is based in Durham, North Carolina.

Lumiata

Series A in 2014
Lumiata is transforming the healthcare enterprise through the application of AI. Bringing predictive power within reach of data science teams and business users, we’re driving predictability and precision at scale — empowering providers and payers to reduce risk and manage costs and move out of reliance on flat data into a future of insights. Lumiata machine learning tools and pre-trained models comprise a scalable platform purpose-built for healthcare. Lumiata products are built from more than 120 million patient records, in-depth clinical knowledge, and its proprietary clinical IP. Lumiata enables healthcare organizations to explore use cases such as underwriting and care management. Lumiata is proud to be backed by Khosla Ventures, Blue Venture Fund, Defy.vc, and AllegisNL Capital. Team Lumiata is distributed across Silicon Valley, Dallas, and Guadalajara, Mexico.

Conservis

Series A in 2014
Conservis provides farm management software to help you see your operation from the dirt up. Track field activities, manage inventories and analyze yields. The Conservis platform connects your information to manage your progress today and harvest opportunities ahead. Conservis started when four farmers asked our founders for help with workflow management. That was five years ago. Today, the Conservis system is used by the most successful agricultural producers to make informed business decisions. It is trusted to manage over $8 Billion in land, equipment and crop assets at all stages of production to improve bottom-line performance.

Wayspring

Series A in 2014
Wayspring, formerly known as Axial Healthcare, Inc., is a Nashville-based company that develops a cloud-based clinical decision support platform aimed at managing the cost and quality of patient care, particularly in the realm of substance use disorders (SUD). The platform connects patients, healthcare providers, and health plans, offering individualized solutions that span the entire spectrum of substance use, from risk assessment to recovery. It includes features such as predictive analytics and a decision-support system that provides insights into pain management and opioid-related risks. The technology facilitates data-driven decision-making at the point of care, equipping healthcare professionals with essential tools and information to identify at-risk patients and ensure continuity of care. Through its interactive platform, Wayspring aims to improve healthcare outcomes by mending fragmented care systems and supporting patients on their recovery journey.

Novihum Technologies

Series B in 2014
In the 2000's, scientists at the TU Dresden in Germany invented a revolutionary natural soil enhancer based on lignite. In 2012 Novihum Technologies was founded to bring this great product to the market. With the help of venture capital partners, the European Union, and an international team of soil, plant, and production experts, Novihum Technologies built its first production plant in Dortmund, Germany to produce NOVIHUM on an industrial scale in 2016. Novihum Technologies has about 30 employees and is still growing. They successfully serve customers in Europe, North America and elsewhere.

Aspire Health

Series B in 2014
Aspire Health is a new healthcare company that specializes in providing an extra layer of support to patients facing a serious illness. The company's clinicians are experts in providing patients with relief from the symptoms, pain, and stress of a serious illness, helping patients and caregivers navigate the healthcare system; guiding patients and caregivers through difficult and complex treatment choices, and providing emotional and spiritual support to patients and their families. The company's practice in each market provides disease management and care coordination across many settings including outpatient clinics, patients’ homes, and assisted living centers. It was established in 2012 and is based in Nashville, Tennessee, United States.

Essence Group Holdings

Private Equity Round in 2014
Essence Group Holdings Corporation, through its subsidiaries, offers health insurance and software. The company was incorporated in 2007 and is based in Maryland Heights, Missouri.

SwipeSense

Series A in 2014
SwipeSense, Inc. offers a hand hygiene solution that combines point-of-care hand hygiene dispensers with real-time data from existing dispensers. The company offers portable dispensers, badges, wall mounted dispensers, hubs, and analytics. It serves the healthcare industry. The company was incorporated in 2011 and is based in Chicago, Illinois.

AbilTo

Series B in 2014
AbilTo is a national behavioral healthcare provider, with a network of licensed practitioners in all fifty states. Using a secure telehealth approach, we support individuals facing emotional and behavioral challenges brought on by medical events and life transitions. The company's therapists and behavior coaches help people reclaim their lives. During an eight-week program, participants learn to set achievable goals that get them back on the path to being happier, healthier, and more productive. AbilTo is the brand name used for products and services provided by professional services entities, including AbilTo Behavioral Health Services, P.C. and Sprata Behavioral Licensed Clinical Social Work Services, PLLC., that are managed by or affiliated with AbilTo Inc., a management company.

enEvolv

Series A in 2014
enEvolv, Inc. engineers and licenses microorganisms to produce chemicals, enzymes, and small molecules. It offers bacteria, yeast, and algae for various industries, including specialty chemicals, food, energy, personal care, and pharmaceuticals. The company was incorporated in 2011 and is based in Boston, Massachusetts. As of March 18, 2020, enEvolv, Inc. operates as a subsidiary of Zymergen, Inc.

PRSM Healthcare

Seed Round in 2013
PRSM Healthcare LLC provides patient relationship solutions and management. The company offers self-service patient engagement platforms, which are focused on engaging and delivering follow-up patients for scheduling. Its portfolio includes PRSM Care, a seamless solution for managing the patient follow-up, cancellation, and no-show needs. The company’s flexible platform also supports the acquisition of new patients; and used as a part of targeted relationship campaigns to focus on specific patient groups. PRSM Healthcare LLC was incorporated in 2011 and is based in Brentwood, Tennessee.

Remedify

Seed Round in 2013
Remedify is a database and iPad app that helps technicians correctly clean and sterilize reusable surgical instruments. Remedify is cloud-based software that takes the guesswork out of sterile processing at hospitals and surgery centers.

ZeOmega

Funding Round in 2013
ZeOmega, founded in 2001, provides a powerful population health management platform for payers, providers and value-based care organizations. Our high-value, strategic solution is designed to integrate workflow, analytics, content and communication capabilities. With deep domain expertise and a comprehensive understanding of complex population health challenges, ZeOmega delivers solutions to facilitate collaboration among stakeholders—which in turn enables clients to implement disparate health care management strategies for overall improvement in quality of care, provider performance, individual patient and member satisfaction, and cost savings. Reliable, responsive and dedicated to meeting customer expectations and project benchmarks, ZeOmega is the right technology partner for health plans, disease management organizations, patient-centered medical homes, medical management organizations, third-party administrators, and other organizations providing medical and care management services.

doggyloot

Series A in 2013
[doggyloot](http://www.doggyloot.com) is the top flash sales site for dogs and dog owners that offers discounts on dog-related products to members nationwide. doggyloot offers several new deals on products each day, including dog toys, treats, chews, accessories and more, at 25 to 75 percent off retail price and with free shipping. doggyloot aims to introduce members to new, unique, and high-quality products for their dogs, while offering them at a discounted price. In September 2011, doggyloot launched an online content community for dog owners called [doggywoof](http://woof.doggyloot.com). The site posts articles and responds to questions on dog training, health, DIYs and recipes, and more, including posts from certified veterinarians and trainers. doggyloot was founded in December 2010 by Ryan Schoop, Nick Rosa, and Millie Tadewaldt. In May 2012, the team welcomed Jeff Eckerling as CEO.

Change Healthcare

Series D in 2013
Change Healthcare is a catalyst for your value-based healthcare system. They are a healthcare technology company that offers software, analytics, network solutions, and technology-enabled services to help create a stronger, more collaborative healthcare system. They help deliver measurable value not only at the point of care, but also before, after, and in between care episodes. It was founded in 2005 and is based in Nashville, Tennessee.

naviHealth

Venture Round in 2013
naviHealth, Inc. specializes in managing post-acute healthcare services in the United States. The company partners with health plans, hospitals, and post-acute care providers to oversee care transitions and optimize clinical and financial outcomes across the healthcare continuum. It develops post-acute care management software and utilizes evidence-based protocols to create customized patient-centric care plans. naviHealth provides clinical support services, analytics, and decision support tools designed to enhance care coordination, minimize hospital readmissions, and improve patient satisfaction. By leveraging proprietary technology and strategic insights, the company aims to streamline workflows and strengthen relationships within the care network. Founded in 2011 and headquartered in Brentwood, Tennessee, naviHealth operates additional offices in Massachusetts and Pennsylvania and functions as a subsidiary of OptumHealth, Inc.

EveryMove

Series A in 2013
EveryMove is a web-based application for individuals and companies to empower, capitalize on, and follow fitness-focused lifestyles. Available on both Android and iOS platforms, the EveryMove smartphone application facilitates cross-platform communication in order for users to take part in fitness challenges, network with other health enthusiasts, use personal fitness data to incentivize employer rewards programs, share their results with one another, etc.

CareSimply

Seed Round in 2012
CareSimply is a website that helps families find, hire, and manage local in-home caregivers. CareSimply's directory lists caregivers with whom the company has conducted interviews and performed background checks; families can search this list to find the appropriate provider for their loved ones. Caregiver profiles provide families with information on expertise, educational background, work experience, professional licenses, and patient reviews. Families can also interview and hire caregivers with CareSimply by scheduling and paying for services directly through the website. CareSimply assists families by taking care of paperwork, contracts, insurance, and taxes. CareSimply was founded in 2012 by Anthony Wijnen and Matthew Larson, and is backed by venture capital firm and startup foundry Sandbox Industries.

Foodini

Seed Round in 2012
Foodini is a meal recommendation engine that uses members' food and cooking preferences to customize a weekly meal plan and grocery list for them. To get started, members fill out their food preferences, including likes, dislikes, allergies, and dietary restrictions, on www.foodini.co. Then they enter preferred cooking styles and time-to-table. Foodini's recommendation engine uses these preferences to create a weekly meal plan, including recipes for main dishes, sides, and desserts, plus a grocery shopping list. Members pay a monthly fee to join and can get discount credits for sharing their meal plans with friends on social media or for uploading their own recipes to share with other Foodini users. Foodini was founded in 2012 by Dan Roberts and Dave Shapiro, and is backed by venture capital firm and startup foundry Sandbox Industries.

GetAFive

Seed Round in 2012
GetAFive is an online AP test prep tool that offers video reviews from expert teachers, customized study plans, practice tests, and more. In addition to AP review close to test time, students can use GetAFive to review for regular tests in AP classes during the school year. Students who purchase an AP class review from GetAFive begin with a diagnostic test to see what areas they need to work on the most. They then have access to individual video lessons from expert teachers, each of which is followed by a review quiz and includes study notes. Once the reviews are completed, students can take practice exams and opt to have their free response questions hand-graded by AP teachers. Parents with a GetAFive account can purchase classes on behalf of their students, monitor students' progress on video lessons, and see quiz and test results. GetAFive was founded in 2012 by Lindsay Cohen and Danny Levi, and is backed by venture capital firm and startup foundry Sandbox Industries.

SwipeSense

Series A in 2012
SwipeSense, Inc. offers a hand hygiene solution that combines point-of-care hand hygiene dispensers with real-time data from existing dispensers. The company offers portable dispensers, badges, wall mounted dispensers, hubs, and analytics. It serves the healthcare industry. The company was incorporated in 2011 and is based in Chicago, Illinois.

Patientco

Series A in 2012
Patientco® is the only cloud-based platform specifically designed to help patients better understand, manage, and pay their healthcare bills, AND help providers improve their revenue cycle by giving them the tools they need to dynamically engage patients, manage payments, and automate the entire process. Founded in 2009, Patientco is a passionate team of long-time healthcare and technology professionals, joined together with one goal: to positively change patient financial engagement for the mutual benefit of patients and providers. Patientco is based in Atlanta, GA, and backed by BlueCross BlueShield Venture Partners, L.P. and Sandbox Industries.

CakeStyle

Seed Round in 2012
[CakeStyle](http://www.cakestyle.com) is a virtual personal styling service for women designed to take the hassle out of shopping by shipping a box of handpicked clothing and accessories to members' doors each season. After signing up at www.cakestyle.com, each member has a consultation with her stylist so that CakeStyle knows how she needs to dress each day, what pieces she owns, and how she likes her clothes to fit. Then, her stylist hand-selects pieces for her from designers like Elie Tahari, Diane von Furstenberg, Theory and more, creating four to six outfits with accessories. The box is shipped directly to each member's door and she tries on the outfits at home. Once she has decided which looks to keep, she ships the rest of the pieces back to CakeStyle, paying only for the items she keeps. All clothing and accessories are priced at retail, with boxes valued at about $2,500 to $3,000 each. Shipping both ways, and the stylists' services, are free. CakeStyle has no minimum purchase requirement. CakeStyle also has a [style blog](http://www.cakestyle.com/content) where the team posts about trends, style advice, designers, and other fashion-related content. CakeStyle was founded in August 2011 by Cecelia Myers and Millie Tadewaldt, and launched officially in November of that year. In August 2012, CakeStyle announced that it had raised $1M in seed funding from the [Sandbox Advantage Fund](http://www.sandboxindustries.com).

Allylix

Venture Round in 2012
Allylix, Inc., an early stage biotechnology company, develops terpene products and their derivatives for the flavor and fragrance, food ingredient, pharmaceutical, agricultural, and biofuel markets. Its products comprise nootkatone, which is a grapefruit flavor that is used in fruit juices and citrus flavored sodas. The company also develops sesquiterpenes that are part of aroma chemical segment of the flavor and fragrance market; and production platforms for pharmaceutical, nutraceutical, and agricultural markets. Allylix, Inc. was founded in 2002 and is based in San Diego, California with research and development laboratories in Lexington, Kentucky.

Change Healthcare

Series C in 2012
Change Healthcare is a catalyst for your value-based healthcare system. They are a healthcare technology company that offers software, analytics, network solutions, and technology-enabled services to help create a stronger, more collaborative healthcare system. They help deliver measurable value not only at the point of care, but also before, after, and in between care episodes. It was founded in 2005 and is based in Nashville, Tennessee.

ScholarPRO

Series A in 2012
ScholarPRO Incorporated operates an online platform that helps students in the process of finding and submitting for scholarships of their criteria. Winning a scholarship is hard enough — applying should not be harder than it needs to be. Students are saddled with stacks of paperwork, repetitive forms, and a barrage of postage and transcript fees, all of which undermine scholarships’ missions and discourage students from submitting applications in the first place. Scholarships should be simpler. That᾿s why we exist. From search to submission, we make sense of the entire scholarship process so that students can get back to the business of learning.

Aratana Therapeutics

Series B in 2011
Aratana Therapeutics, Inc. is a pet therapeutics company based in Leawood, Kansas, specializing in the licensing, development, and commercialization of therapeutics for dogs and cats in the United States. The company offers a range of products including NOCITA, a post-operative analgesic for dogs; ENTYCE, which stimulates appetite in dogs; and GALLIPRANT, used to manage pain and inflammation associated with osteoarthritis in dogs. Additionally, it is developing various therapeutics aimed at addressing specific health issues in both dogs and cats, such as a vaccine for canine osteosarcoma and treatments for atopic dermatitis and feline herpes virus. Aratana has established collaborations with Elanco Animal Health, Pacira Pharmaceuticals, and AskAt Inc. to enhance its research and product development capabilities. Founded in 2010, the company aims to meet unmet needs in companion animal care through innovative and high-quality medicines. As of 2019, it operates as a subsidiary of Elanco Animal Health Incorporated.

doggyloot

Seed Round in 2011
[doggyloot](http://www.doggyloot.com) is the top flash sales site for dogs and dog owners that offers discounts on dog-related products to members nationwide. doggyloot offers several new deals on products each day, including dog toys, treats, chews, accessories and more, at 25 to 75 percent off retail price and with free shipping. doggyloot aims to introduce members to new, unique, and high-quality products for their dogs, while offering them at a discounted price. In September 2011, doggyloot launched an online content community for dog owners called [doggywoof](http://woof.doggyloot.com). The site posts articles and responds to questions on dog training, health, DIYs and recipes, and more, including posts from certified veterinarians and trainers. doggyloot was founded in December 2010 by Ryan Schoop, Nick Rosa, and Millie Tadewaldt. In May 2012, the team welcomed Jeff Eckerling as CEO.

BabbaCo

Seed Round in 2011
BabbaCo, Inc., is a subscription service which provides each month a box of activities for parents and children to use.

FanGo

Series A in 2011
FanGo Software Systems provides mobile ordering technology solutions.

Alltuition

Seed Round in 2011
Alltuition is an online search engine that enables collage students to find sources for financial aid. It tracks hundreds of student loan providers to help students find the best loans they are eligible for and to understand the real cost of borrowing.

FeeFighters

Seed Round in 2011
FeeFighters operates an online marketplace that simplifies the selection of credit card processing services for business owners. By allowing merchants to compare and choose from multiple bids in a reverse auction format, FeeFighters enables users to secure the best deals, often resulting in savings of approximately 40 percent on processing fees. Additionally, the company offers free tools, including a credit card processing calculator, to assist businesses in making informed financial decisions. This approach streamlines the process of finding a suitable merchant account provider, making it as straightforward as booking a flight online.

Nexidia

Series F in 2010
Nexidia Inc. specializes in developing dialogue and audio analysis technologies designed to optimize audio and video media. The company's product offerings include Nexidia Interaction Analytics for analyzing multichannel contact center interactions, Nexidia Capture for call recording and storage, and real-time monitoring solutions such as Nexidia Scan and Agent Assist. Additionally, Nexidia provides tools like Dialogue Search for content discovery, QC for automating closed caption verification, and Comply for video program automation. Its offerings extend to Audio Discovery OnDemand for sound recording analysis, and various search solutions for managing large volumes of audio and video content. Nexidia also delivers consulting, training, and support services across multiple industries, including communications, healthcare, and media. Founded in 2000 and based in Atlanta, Georgia, Nexidia was previously known as Fast-Talk Communications, Inc. and became a subsidiary of NICE Systems Ltd. in 2016.

Lab42

Seed Round in 2010
Lab42 is a market research company established in 2010, specializing in obtaining consumer feedback through online surveys conducted on social networking platforms. By leveraging social media and other digital avenues, Lab42 provides accurate and targeted insights quickly and affordably, distinguishing itself from traditional market research firms. The company offers a range of services, including client consultation, survey design and programming, and infographic creation, addressing various market research needs such as validating startup concepts, refining investment strategies, and testing product ideas, including logo design and pricing. With a focus on delivering valuable consumer insights, Lab42 caters to clients who may find conventional market research methods too costly or time-consuming. The company's leadership includes CEO Gauri Sharma, who joined in 2011, and it is supported by Sandbox Industries.

Harvest Automation

Series A in 2010
Harvest was founded by a seasoned technology executive and a trio of robotics experts. The Company now comprises a diverse, commited team with expertise in sales and marketing, engineering (software, hardware, electrical, mechanical), project management, and business operations.

Phreesia

Series D in 2010
Phreesia is a privately held company specializing in patient check-in solutions for healthcare organizations. The company offers a wireless touch screen device known as the PhreesiaPad, which automates the patient check-in process by securely collecting personal health information in compliance with HIPAA regulations. This system integrates seamlessly with existing electronic medical records (EMRs) and does not disrupt physician workflows. Phreesia enhances the patient experience by preparing individuals for appointments, providing relevant health education, and allowing them to verify previously recorded information. Additionally, Phreesia's software solutions improve the operational and financial performance of healthcare providers by managing various aspects of patient access, registration, payments, and clinical support. The company is supported by a Medical Advisory Board and has initiated patient care initiatives focused on wellness and disease prevention, having secured $13.25 million in funding to date.

Aquaspy

Series B in 2010
Intelligent water management reduces the need for costly new alternatives including recycling and desalination. It means knowing how much water is being used and where it can be saved. AquaSpy technology has been proven in the toughest environment of all - outback Australia. Its sensors have helped farmers improve yields by as much as 100%. Now they are being used across agricultural markets, in cities and towns, and beneath some of the world's finest golf courses, in the Americas, Australia and Europe. There are over 50,000 AquaSpy sensors in use around the world. AquaSpy Group has representation across the USA, Latin America and Australia.

SATeducacional

Series A in 2010
Bloom Health is a benefits company that offers agencies and employees with insights to predict and manage benefits costs. Bloom Health offers employees with benefits options, compensation management solutions, and consulting services. They also provides a cloud-based solution to predict and manage costs. Bloom Health is acquired by Empyrean Benefit Solutions, Inc. Bloom Health was founded in 2009 and is based in Minneapolis, Minnesota.

Phreesia

Series C in 2009
Phreesia is a privately held company specializing in patient check-in solutions for healthcare organizations. The company offers a wireless touch screen device known as the PhreesiaPad, which automates the patient check-in process by securely collecting personal health information in compliance with HIPAA regulations. This system integrates seamlessly with existing electronic medical records (EMRs) and does not disrupt physician workflows. Phreesia enhances the patient experience by preparing individuals for appointments, providing relevant health education, and allowing them to verify previously recorded information. Additionally, Phreesia's software solutions improve the operational and financial performance of healthcare providers by managing various aspects of patient access, registration, payments, and clinical support. The company is supported by a Medical Advisory Board and has initiated patient care initiatives focused on wellness and disease prevention, having secured $13.25 million in funding to date.

Divergence

Series C in 2009
Divergence is a research and development company dedicated to the discovery of effective and ecologically sound strategies for the control of parasites and other pests. The Company's initial focus is on parasitic nematodes, one of the world's major pest groups. Nematodes are roundworms that cause billions of dollars in damage annually to numerous crops, including soybeans, corn, cotton, strawberries, and bananas. Nematodes causing important human diseases include hookworm, whipworm, roundworm (Ascaris), and the filarial worms responsible for lymphatic filariasis and onchocerciasis.

Initiate Systems

Venture Round in 2008
Initiate Systems enables companies to strategically leverage and share critical data assets. Their master data management (MDM) software and experience as an information exchange leader provide complete, accurate and real-time views of data spread across multiple sources, even outside the firewall. This allows companies to unlock the value of your data assets for competitive advantages or operational improvements.

MIG Email Marketing

Series A in 2000
MIG Email Marketing offers customer loyalty and retention programs for local merchants to drive in-store traffic. Its services include custom survey and marketing research, patron wish lists, loyalty and frequency card programs, referral rewards programs, custom data collection, POS integration, data tracking, online reporting, and email building. The company also offers web site design, development, deployment, and hosting services; and search engine optimization services. MIG Email Marketing was founded in 2000 and is based in Southfield, Michigan.