VC Associate @ Sandbox Industries in Chicago, IL

Sandbox Industries invests in innovation to drive lasting change in human livelihood by fostering innovation across healthcare, insurance, and sustainability. We incorporate the best of traditional and corporate investing firms. Approximately 90% of the capital we manage is from strategic limited partners – large industry incumbents who are eager to embrace the innovations and technologies disrupting their businesses through a market-based approach. We partner with entrepreneurs who are seeking to make an impact on areas of high strategic value to corporate organizations, as well as with these organizations themselves. The primary medium for this work is venture capital.

In line with our mission, Sandbox Industries has served as the exclusive provider of investment management services to the Blue Venture Funds for over a decade. The Blue Venture Fund, a unique collaboration among Blue Cross Blue Shield companies, the Blue Cross Blue Shield Association, and Sandbox Industries, is owned, governed and capitalized by participating Blue Plans and affiliates. The Blue Venture Fund invests in venture and growth opportunities within healthcare technology, healthcare services and clinical sciences.

Associate Position

We are seeking passionate and self-motivated people to join our healthcare investment team to support all aspects of the investment process. Our team is open, thoughtful, and collaborative.

Responsibilities:

• Conduct investment due diligence on companies of all stages, seed through growth
• Perform financial modeling and analysis of growth and venture stage companies
• Record all deal information for reporting and trend analysis
• Research and report on industry trends and potential new business models
• Support Investment Committee presentations
• Cultivate and manage relationships across the Blue plan ecosystem and broader healthcare industry
• Assist in all aspects of portfolio company management
• Source potential investment opportunities

Experience:

• 2-5 years’ experience
• Healthcare finance, strategy or operating experience strongly preferred
• Financial modeling and analysis experience strongly preferred

Skills:

• Strong communication (oral and written) and presentation skills
• Excellent financial modeling, valuation, and analytical skills
• Intellectual curiosity and ability to ask hard questions
• Demonstrated interpersonal and relationship-building skills
• Track record of good judgment and ability to navigate ambiguity
• Ability to prioritize and manage multiple initiatives in a fast-paced, entrepreneurial environment

Location:

• Chicago, Illinois
• Investment team members are expected to work in Sandbox’s office on Monday, Tuesday and Wednesday of each week

Sandbox is an Equal Opportunity Employer and considers applicants for employment without regard to race, color, religion, sex, orientation, national origin, age, disability, genetics or any other basis forbidden under federal, state, or local law.