Investments
78Portfolio Exits
20Funds
4About Sandbox Industries
Sandbox Industries, founded in 2003 in Chicago, IL, represents a new model of enterprise and investment. Sandbox follows a disciplined and creative process for creating, operating and investing in businesses. The Sandbox team incubates new businesses and engages in fund management activities.
Sandbox Industries Headquarter Location
1000 W Fulton Market #213
Chicago, Illinois, 60607,
United States
312-243-4100
Latest Sandbox Industries News
Mar 7, 2022
March 7, 2022 Nebraska-headquartered specialty insurer Applied Underwriters has expanded its Applied Financial Lines unit with several key appointments. Kim Noble has been named vice president, Applied Financial Lines. Prior to joining Applied Financial Lines, Noble was a senior vice president at Thompson Flanagan in Chicago where she advised law firms on coverage, claims and risk management issues. Prior that, Noble led the lawyers’ and accountants’ programs at Argo Pro. She has more than 25 years of professional liability experience including managing errors and omissions programs at OneBeacon, GE Westport and St. Paul Companies. Kim Noble Keith Dau Thomas Owen is now vice vice president of Errors & Omissions, Applied Financial Lines. Owen has three decades of experience underwriting and managing teams writing professional liability, environmental liability and contractor’s business. Prior to joining Applied Financial Lines, he managed the Specialty Casualty Division at specialty MGA DUAL North America. Keith Dau has been named vice president, Applied Financial Lines. Before joining Applied Financial Lines, Dau was the senior managing director for Navigators Insurance where he was responsible for private management liability lines/wholesale distribution channel. He has 20 years of experience in professional and management liability including positions with Great American Insurance and Travelers. Applied Underwriters operates throughout the U.S., United Kingdom, the European Union and the Middle East. Industry Veteran Chamness Joins Sandbox Insurtech Ventures as an Advisor Sandbox Insurtech Ventures announced that Charles (Chuck) Chamness, former CEO of the National Association of Mutual Insurance Companies (NAMIC), has joined the firm as an advisor. Based in Indianapolis, Chamness will collaborate closely with the Sandbox Insurtech leadership team and its portfolio companies to provide strategic counsel across the insurance industry. Chamness has more than 27 years of experience across board governance, executive management, government affairs, regulatory affairs, and public affairs. In July 2021, he concluded an 18-year tenure as president and CEO of NAMIC, a leading property/casualty insurance trade association..” Sandbox Insurtech Ventures is the insurance investing arm of Sandbox Industries, a venture capital firm that manages funds across insurance, healthcare and sustainable food and agriculture. Was this article valuable?
Sandbox Industries Investments
78 Investments
Sandbox Industries has made 78 investments. Their latest investment was in Layr as part of their Series A on March 3, 2022.
Sandbox Industries Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
3/21/2022 | Series A | Layr | $10M | Yes | BrokerTech Ventures, Flyover Capital, Hannover Digital Investments, Holmes Murphy, HSCM Ventures, IMA Financial Group, Maschmeyer Group Ventures, Plexus Groupe, The Graham Agency, The Partners Group, and Undisclosed Investors | 7 |
1/27/2022 | Series A | First Dollar | $14M | Yes | 9 | |
2/19/2021 | Unattributed VC | Assurance Health System | $5.62M | Yes | 1 | |
2/10/2021 | Series A | |||||
11/12/2020 | Series B |
Date | 3/21/2022 | 1/27/2022 | 2/19/2021 | 2/10/2021 | 11/12/2020 |
---|---|---|---|---|---|
Round | Series A | Series A | Unattributed VC | Series A | Series B |
Company | Layr | First Dollar | Assurance Health System | ||
Amount | $10M | $14M | $5.62M | ||
New? | Yes | Yes | Yes | ||
Co-Investors | BrokerTech Ventures, Flyover Capital, Hannover Digital Investments, Holmes Murphy, HSCM Ventures, IMA Financial Group, Maschmeyer Group Ventures, Plexus Groupe, The Graham Agency, The Partners Group, and Undisclosed Investors | ||||
Sources | 7 | 9 | 1 |
Sandbox Industries Portfolio Exits
20 Portfolio Exits
Sandbox Industries has 20 portfolio exits. Their latest portfolio exit was OncoHealth on May 09, 2022.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
5/9/2022 | Acq - Fin | 1 | |||
4/28/2022 | Acquired | 1 | |||
7/15/2021 | Acquired | 3 | |||
Date | 5/9/2022 | 4/28/2022 | 7/15/2021 | ||
---|---|---|---|---|---|
Exit | Acq - Fin | Acquired | Acquired | ||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 1 | 1 | 3 |
Sandbox Industries Fund History
4 Fund Histories
Sandbox Industries has 4 funds, including Sandbox Agriculture & Food Technology Fund.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
12/31/2014 | Sandbox Agriculture & Food Technology Fund | Multi-Stage Venture Capital | Closed | $114M | 1 |
12/31/2013 | Sandbox Advantage Fund | ||||
9/25/2009 | Sandbox Ventures | ||||
Sandbox Insurtech Fund |
Closing Date | 12/31/2014 | 12/31/2013 | 9/25/2009 | |
---|---|---|---|---|
Fund | Sandbox Agriculture & Food Technology Fund | Sandbox Advantage Fund | Sandbox Ventures | Sandbox Insurtech Fund |
Fund Type | Multi-Stage Venture Capital | |||
Status | Closed | |||
Amount | $114M | |||
Sources | 1 |
Sandbox Industries Team
21 Team Members
Sandbox Industries has 21 team members, including current Founder, Managing Director, Nick Rosa.
Name | Work History | Title | Status |
---|---|---|---|
Joseph M. Feldman | Founder | Current | |
Nick Rosa | NutraSweet, and Monsanto | Founder, Managing Director | Current |
Robert Shapiro | Monsanto, and NutraSweet | Founder, Managing Director | Current |
Ken Dychtwald | President | Current | |
Jennifer Naylor | Chief Financial Officer | Current |
Name | Joseph M. Feldman | Nick Rosa | Robert Shapiro | Ken Dychtwald | Jennifer Naylor |
---|---|---|---|---|---|
Work History | NutraSweet, and Monsanto | Monsanto, and NutraSweet | |||
Title | Founder | Founder, Managing Director | Founder, Managing Director | President | Chief Financial Officer |
Status | Current | Current | Current | Current | Current |
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