Venture Blue

Blue Venture Fund operates as a strategic corporate venture capital initiative, investing in healthcare technology, services, and clinical sciences. The fund identifies and scales innovative solutions aimed at improving health outcomes and delivering value within the healthcare system. It leverages a unique platform connecting portfolio companies with participating Blue Cross Blue Shield organizations, fostering collaboration and market adoption of advancements.

Established in 2008, Blue Venture Fund emerged from a collaboration among various Blue Cross Blue Shield companies, their Association, and Sandbox Industries. This consortium formed with the insight that strategic capital and direct engagement could accelerate the development and integration of healthcare innovations. Sandbox Industries provides investment management for the fund's operations.

The fund's portfolio companies benefit from deep industry expertise and access to the extensive Blue Plan network, ultimately serving a vast member base. Blue Venture Fund’s overarching vision is to drive meaningful change in healthcare by supporting entrepreneurs whose innovations address critical needs and enhance the experience for patients and health plans.