Investments
32Portfolio Exits
2About Sandalphon Capital
Sandalphon Capital is a micro venture capital firm focused on early stage (Seed to Series A) investments in the Midwest, South, and select other markets. It seeks to participate in early financing rounds, typically alongside angel investors and other early stage funds.

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Latest Sandalphon Capital News
Dec 15, 2022
to help the world’s largest brands grow by transforming enterprise decision-making, bringing together human and artificial intelligence Clearbox Decisions, Inc., creators of the Cloverpop Decision Intelligence platform that is transforming enterprise decision-making, today announces a Series A round of financing led by Allos Ventures and joined by SaaS Ventures, Tawani Ventures, North Coast Ventures, and existing investor Sandalphon Capital. With this new round of funding, the company will accelerate investment in the Cloverpop Decision Intelligence platform and expand its go-to-market team. “We are taking enterprise decision-making to the next level and this latest round of funding validates our vision and ability to execute in a high-demand market, as more organizations seek out a strategic advantage with human-empowered, transparent and decentralized decision-making,” says Cloverpop CEO Eugene Roytburg. Organizations that are “Decision Leaders” drive 5x better shareholder returns relative to their peers. Each year, companies invest billions of dollars in data and analytics in hopes of improved decision-making, yet almost 60 percent of that investment is wasted. The Cloverpop Decision Intelligence platform helps companies get the most out of their decision assets by bringing together human and artificial intelligence to make better, faster decisions with optimal chances of business success. “Cloverpop is a leader in the Decision Intelligence category because of our unique approach to decision optimization,” says co-founder Lanny Roytburg. “Our all-in-one platform works ‘decision-back,’ starting with decision workflows that enable cross-functional collaboration and then supercharges the process with automation, creating a system of record that grows institutional knowledge and improves business results.” Today, Cloverpop works with some of the world’s most admired brands, including Sanofi, Johnson & Johnson, Blue Diamond Growers, and more. Cloverpop is establishing itself as the gold-standard system of record for enterprise decisions, enabling trust, buy-in, and engagement within increasingly decentralized teams. “Decision intelligence has become a critical business strategy and Cloverpop is quickly becoming a category leader, working with many of the world’s most notable consumer brands,” says David Kerr, Partner at Allos Ventures. “Allos is excited to invest and partner with the Cloverpop team to further support their growth and innovation.”
Sandalphon Capital Investments
32 Investments
Sandalphon Capital has made 32 investments. Their latest investment was in OpenVia as part of their Seed VC on January 1, 2023.

Sandalphon Capital Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
1/4/2023 | Seed VC | OpenVia | $1M | Yes | BlueField Capital, Locker One Ventures, Sachse Family Fund, Sandalphon Capital, The Fund, and Undisclosed Angel Investors | 1 |
12/14/2022 | Series A - III | Clearbox Decisions | $3.9M | Yes | 4 | |
11/9/2022 | Seed VC - II | ProsperStack | $2M | Yes | 3 | |
11/7/2022 | Seed VC - II | |||||
7/27/2022 | Series A |
Date | 1/4/2023 | 12/14/2022 | 11/9/2022 | 11/7/2022 | 7/27/2022 |
---|---|---|---|---|---|
Round | Seed VC | Series A - III | Seed VC - II | Seed VC - II | Series A |
Company | OpenVia | Clearbox Decisions | ProsperStack | ||
Amount | $1M | $3.9M | $2M | ||
New? | Yes | Yes | Yes | ||
Co-Investors | BlueField Capital, Locker One Ventures, Sachse Family Fund, Sandalphon Capital, The Fund, and Undisclosed Angel Investors | ||||
Sources | 1 | 4 | 3 |
Sandalphon Capital Portfolio Exits
2 Portfolio Exits
Sandalphon Capital has 2 portfolio exits. Their latest portfolio exit was Jiobit on April 27, 2021.
Sandalphon Capital Team
1 Team Member
Sandalphon Capital has 1 team member, including current Founder, Managing Principal, Jonathan R Ellis.
Name | Work History | Title | Status |
---|---|---|---|
Jonathan R Ellis | Founder, Managing Principal | Current |
Name | Jonathan R Ellis |
---|---|
Work History | |
Title | Founder, Managing Principal |
Status | Current |