Blue Venture Fund
One-of-a-kind partnership amongst participating Blue Cross Blue Shield companies looking to advance the healthcare industry
Sandbox has provided investment management services to the Blue Venture Funds since 2008, in collaboration with Blue Cross Blue Shield companies and the Blue Cross Blue Shield Association.
The collaboration
The Blue Venture Funds are a unique collaboration among Blue Cross Blue Shield companies, the Blue Cross Blue Shield Association, and Sandbox.
Sandbox is a separate, independent firm that provides a full range of investment management services to BVF.
Fund focus
Stage
Seed through growth stage. We lead rounds, join syndicates, and take board seats.
Investment scope
Healthcare technology, healthcare services, and clinical sciences.
Ownership
Owned, governed, and capitalized by participating Blue Plans and affiliates.
Curated ecosystem
We bridge the gap between portfolio company founders and key payor leadership, driving strategic alignment, team growth, and commercial adoption across the healthcare system.
Portfolio