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

Companies modernizing the industry

Are you solving for the incumbent's dilemma?