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Key people at Sandbox Insurtech Ventures.
Sandbox Insurtech Ventures was founded by Robert B. Shapiro (Founder).
Sandbox Insurtech Ventures, an investment division of Sandbox Industries, focuses on deploying capital into companies actively transforming the insurance industry. The firm identifies and supports early-stage startups that introduce technological advancements and new business models. It leverages its team's operational expertise to drive significant industry evolution, concentrating on innovation within this crucial sector.
Sandbox Industries was co-founded in Chicago in 2003 by Bob Shapiro and Nick Rosa. Initially a startup foundry, the firm researched and tested various concepts. This foundational approach, centered on market needs and technological potential, guided its evolution into a venture capital firm with strategic sector-focused investment mandates, including its specialized Insurtech practice.
Sandbox Insurtech Ventures partners with innovative startups, providing strategic capital and leveraging its network to accelerate development. The firm’s overarching vision is to drive lasting change within the insurance sector through strategic investment. It cultivates a portfolio of companies that collectively reshape traditional insurance paradigms, contributing to a more efficient and responsive future for the industry.
Sandbox Insurtech Ventures was founded by Robert B. Shapiro (Founder).
Sandbox Insurtech Ventures has 3 tracked investments across 2 companies. The latest tracked deal is $100.0M Other Equity in Prove in June 2020.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jun 18, 2020 | Prove | $100.0M Other Equity | Zach Fuchs | Andrew Prozes, Ralph DE LA Vega, MassMutual Ventures, Sandbox Industries, Synchrony, Wellington Management |
| Jun 1, 2020 | Prove | $100.0M Series H | Apax Digital | Sandbox Industries, Andrew Prozes, MassMutual Ventures, Ralph DE LA Vega, Synchrony, Wellington Management |
| Oct 4, 2019 | Gradient AI | $6.0M Series A | Forte Ventures, Sandbox Insurtech Ventures | — |
Key people at Sandbox Insurtech Ventures.