Sandbox Industries
Overview
Sandbox invests in healthcare, clinical technologies and insurance technology.[1]
Contents5 sections
Key facts
Since 2008Blue Venture Fund
Sandbox has managed Blue Venture FundBlue Venture FundBlue Venture Fund is a healthcare investment program capitalized and governed by participating Blue Cross Blue Shield organizations.Open the full entry since 2008, working with health insurers in the Blue Cross Blue Shield system.[1]
2010Theranos Investment
A Sandbox fund invested $1.5 million in TheranosTheranosTheranos was a blood-testing company founded in 2003 by Elizabeth Holmes and based in Palo Alto, California, which offered retail testing with Walgreens and was valued at up to $9 billion before regulatory sanctions and criminal charges over alleged fraud in its technology and financial claims led to its dissolution in 2018.Open the full entry in 2010.[2]
2026Operating Entity and Platforms
The website’s September 2026 disclosures identify Sandbox Industries as a trade name of SEC-registered investment adviser 213 Management, LLC in Austin. Its platforms also include Clinical Ventures and Insurtech.[1]