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Sandbox Insurtech Ventures is a venture capital and private equity firm managing industry specific funds for the insurance technology industry that is headquartered in Chicago, Illinois and was founded by Sandbox Industries in 2003 by Ryan Shoop.
On October 4, 2019 Sandbox Insurtech Ventures lead the $6 million series A funding round for Gradient AI alongside Forte Ventures. Gradient AI offers an artificial intelligence platform for making predictions related to claims management, risk ranking, case-level reserving, medical treatment indicators, subrogation, large losses, settlement, fraud, and litigation aim to boost productivity, optimizing operations, and improving decision making.