The Fund’s objective is to invest in promising emerging companies of strategic relevance to the 11 BlueCross and BlueShield Plans that have made voluntary capital commitments to the Fund. The Fund will invest up to $10 million in each portfolio company.

The Fund invests in technologies, products and services in the healthcare industry that promote efficiency, lower costs and increased consumer options. Investments will be made from seed through growth stages. The following industries are the key focus: Health IT, Informatics, Administration and Back Office, Health Programs, Healthcare Navigation/Consumer-Driven Solutions, Product Extensions and Distribution Channel Expansions.

The Fund provides a unique value proposition to emerging companies. The BlueCross and BlueShield brands are unmatched in recognition and the company has over 75 years of healthcare expertise. Given the unrivaled market position of the Blues (over 100 million members, 72% of Fortune 500 companies are customers, relationships with 90% of all U.S. hospitals and 80% of all U.S. physicians) portfolio companies stand to benefit from an audience with one of the largest players in the healthcare space.

For additional information,
visit our website at www.bcbsvp.com,
or contact Anna Haghgooie at anna@sandboxindustries.com
Tom Hawes at tom@sandboxindustries.com