SSandbox Industries connects established corporations with startups through industry-focused venture funds, accelerators, and advisory services, managing funds such as the Blue Venture Funds and Cultivian Sandbox Fund and running programs like Healthbox and Excelerate. It raises and oversees funds with strategic partners, investing in healthcare, insurtech, sustainability, and food/ag tech startups while mentoring and supporting portfolio companies through accelerator programs. The firm blends financial investment with active corporate participation, creating an ecosystem where strategic partners and startups grow together, aided by exclusive corporate collaborations and sector-focused funds. Its goal is to help corporations innovate and diversify by backing external startups, accelerate asset commercialization, and drive growth for both portfolio companies and corporate partners.
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Industries
Company Size
51-200
Company Stage
N/A
Total Funding
$925.7M
Headquarters
Chicago, IL
Founded
2003
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Total Funding
$925.7M
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Cole joins investment arm of CVS Health. Oct 9, 2026 - Oishani Mitra. Bryna Cole spent nearly five years at The Blue Venture Fund before moving to join CVS Health Ventures as an investor. Bryna Cole has left her role as associate at The Blue Venture Fund (BVF) and Sandbox Industries to join CVS Health Ventures as an investor. At CVS Health Ventures, the investment arm of healthcare company CVS Health, Cole will be part of the growth equity team where she will seek out later-stage, high-impact companies that provide strategic value to the business that CVS Health can support with growth capital. Cole spent nearly five years at BVF, a unique collaboration between the Blue Cross Blue Shield Association, Sandbox Industries and over 36 independent Blue Cross Blue Shield (BCBS) companies and their affiliates, in various roles. Prior to that, Cole held investment and business management roles at global private markets firm Partners Group, where she focused on ESG and impact investing and corporate strategy and development. With $1.5bn under management across five funds and a clinical fund, BVF invests in promising emerging companies of strategic relevance to BCBS companies and provides its portfolio with access to BCBS companies to deploy innovation at scale. Launched in 2021, CVS Health Ventures invests in and partners with companies with the potential for technology-enabled innovation and disruption in digital healthcare. The unit prefers to invest in the tech-enabled workflow, technology and healthcare sectors. See all the recent deals by CVS Health Ventures in the CVC Funding Round Database. Oishani Mitra. Oishani Mitra is the content manager for Global Corporate Venturing. Unlock GCV membership. GCV membership connects your team with leading corporate investors, trusted data and a global network to support smarter strategic decisions.
Big Health raises $23.7M in new funding. February 12, 2026 Big Health, a San Francisco, CA-based developer of digital treatments for mental health conditions, raised $23.7M in new funding. The round was led by .406 Ventures and AlleyCorp, with participation from CVS Health Ventures, Blue Venture Fund, Sandbox Clinical Ventures, Gilde Healthcare, and Supermoon Capital. The company intends to sue the funds to accelerate access to its FDA-cleared, reimbursable solutions. Led by CEO Yael Berman, Big Health is a digital mental health treatments company that expand access to care, including behavioral medicine by making treatments available both directly to patients and through providers, and by improving adoption for providers, payers, and employers. Its FDA-cleared, reimbursable solutions include SleepioRx for insomnia disorder and DaylightRx for generalized anxiety disorder (GAD). To date, Big Health has supported more than 750,000 individuals, with clinical studies showing that up to 76% of SleepioRx patients achieve improvement in insomnia, and 71% of DaylightRx patients experience improvement in GAD. 12/02/2026
Anzen in California raises $16M to scale AI platform for insurance distribution. San Francisco, California-based Anzen announced a $16 million Series A funding round led by Madrona, with participation from Sandbox Industries, SNR, Andreessen Horowitz and other investors. The round brings Anzen's total reported capital raised to $26 million. With this funding, Anzen says it will expand its Artificial intelligence-powered workflows, strengthen its carrier and AMS integration ecosystem and grow its team. Anzen was founded in 2021, and it reports more than 5,000 retail agents nationwide and processing thousands of submissions each month across specialty, excess, and property/casualty lines.
Anzen, an AI-powered platform for commercial insurance distribution, raised a $16 million Series A led by Madrona, with participation from Sandbox Industries, SNR, and Andreessen Horowitz, bringing total funding to $26 million. The funds will expand Anzen's AI workflows, carrier integrations, and team. Anzen aims to handle 80% of commercial insurance workflows by mid-2026, enhancing efficiency and reducing overhead for agents.
Noctrix Health has raised $33.5 million to accelerate the U.S. commercialization of its Nidra® TOMAC therapy for Restless Legs Syndrome (RLS). The funding includes contributions from Blue Venture Fund, Sandbox Clinical Ventures, and a debt facility from Bridge Bank. The company has also expanded its leadership team, appointing Ivan Lubogo as Chief Commercial Officer and promoting Jonathan Charlesworth, Ph.D., to Chief Scientific Officer. Mark Verratti joins the Board of Directors.
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Industries
Company Size
51-200
Company Stage
N/A
Total Funding
$925.7M
Headquarters
Chicago, IL
Founded
2003
Find jobs on Simplify and start your career today
We update Sandbox Industries's jobs every few hours, so check again soon!Browse all jobs