Who We Are
BlueCross BlueShield Venture Partners manages over $500 million in capital across three funds. The Funds work collaboratively with 29 different BCBS entities to invest in promising, emerging companies of strategic relevance to Blue Cross and Blue Shield Plans. The Blue Cross Blue Shield Association (BCBSA) serves as the focal point for the funds, providing governance and administration. Leadership of the funds comes from BCBSA as well participating Blue Plans. Sandbox Industries is the exclusive provider of investment management services to BlueCross BlueShield Venture Partners.
Sandbox Industries is a venture capital firm that works at the intersection between entrepreneurial thinking and large corporate enterprises. Its Collaborative Investment Vehicles drive both investments in and partnerships with startups that address strategic priorities of its Corporate Limited Partners.