Sandbox Industries

Sandbox Industries is a Chicago-based venture capital firm founded in 2003 that specializes in driving innovation within critical sectors such as healthcare, insurance, and food & agriculture. The firm manages the Blue Venture Funds—a collaboration with Blue Cross Blue Shield—focusing on early-stage investments in healthcare technology and services. It has played a key role in scaling notable healthtech startups like Livongo and Lumeris. Sandbox also co-manages the Cultivian Sandbox Food & Ag Fund for agtech innovation. The firm's approach combines traditional venture capital with corporate investment strategies to foster transformative change across its focus industries.