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

Past deals in Puerto Rico

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.

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.