VC firm
Sandbox Industries
Also known as Sandbox, Sandbox Advantage, Sandbox Advantage Fund, L.P., Sandbox Clinical, Sandbox Clinical Ventures Fund, LP
- Investor type
- VC
- Investing status
- Activeas of 2026-09-17Source (opens in a new tab)
- Headquarters
- Chicago, IL, United States
- Founded
- 2003
- Assets under management
- $856MForm ADV private fund GAV, as of 2026-03-25Source (opens in a new tab)
- Latest fund size
- $79.5MSEC amount sold, as of 2026-09-15Source (opens in a new tab)
- Funds
- 4
- Legal name
- Sandbox Industries, LLC
- sandboxindustries.com (opens in a new tab)
- LinkedIn (opens in a new tab)
- Team page (opens in a new tab)
Claim, correct or request removal
Record updated 19 October 2026
About
Sandbox fosters innovation to drive lasting change in industries that are crucial to our future: healthcare and insurance.
Investment approach
- Thesis
- We invest in innovation to drive lasting change in human livelihood.Source (opens in a new tab)
- Takes board seats
- Yes
- Investing status notes
- We invest in innovation to drive lasting change in human livelihood.
Funds
- Sandbox Clinical Ventures Fund, LP
- $79.5MVintage 2023, Main fund, SEC amount sold
- Sandbox Advantage Fund, L.P.
- $30.6MVintage 2011, Main fund, SEC amount sold
- SANDBOX INSURTECH FUND II, LP
- Main fund
- SANDBOX INSURTECH FUND, LP
- Main fund
SEC registration
- Registered adviser
- 213 MANAGEMENT, LLC
- CRD number
- 300952 (opens in a new tab)
- SEC file number
- 802-114910
- Registration
- Exempt reporting adviser
- Regulatory AUM
- $856Mas of 2026-03-25
- Private funds reported
- 5
- Principal office
- CHICAGO, IL, United States
- SEC CIK
- 1539058, 1991620
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