Sandbox Advantage
SelectiveChicago, ILHealthcare, Biotechnology, BankingLast fund filed December 2011
1 on a current fund
last 24 months
across filed funds
| Vehicle | Filed | Target | Sold to date | Investors |
|---|---|---|---|---|
| Sandbox Advantage Fund | December 2011 | $50M | $20M | 1 |
Amounts are Item 13 as filed: the target is the whole offering, and the amount sold is cumulative across amendments rather than a final close. The filing carries no per-investor amount, so a firm’s own cheque is not recoverable here.
1 partner is named across this firm’s filings, 1 of them on a fund it is deploying now.
| Partner | Activity | Categories | Board seats | Last 24mo |
|---|---|---|---|---|
| Paul Brown | Selective | Biotech & pharma, Consumer apps & internet, Crypto & web3 | 16 | 2 |
Activity is filed board seats in the last 24 months: 4+ Active, 2–3 Selective, 1 Slowing, none Quiet. A firm's tier totals its partners, so an active firm may be four partners with one seat each. It undercounts partners who invest without taking a board seat, and filings lag a closing by weeks, so Quiet means the paperwork is quiet, not the person.
Classified sectors of Sandbox Advantage’s own portfolio companies, based on 14 with a verified or cited source.
Not a filing value: this is Lev’s own classification of each company, one company one vote regardless of how many of Sandbox Advantage’s partners are named on its board, shown only when we found a specific, checkable source. Companies with no source read as unclassified and are left out of the shares above.
| Firm | Shared boards | Companies |
|---|---|---|
| Michigan Elab Capital Partners | 16 | Adela, AKADEUM LIFE SCIENCES, Central Logic, Cinch Solutions, CleanSlate Centers, Events.com, Georgiamune, Howard Bancorp, Koverse, Line Services, Oofos, PayPaul, Sheer Drive, SocialSwell, TripleCare, Videon Central |
| Arboretum Ventures | 1 | AKADEUM LIFE SCIENCES |
| Grosvenor | 1 | Koverse |
| Grosvenor Institutional | 1 | Koverse |
| Healthquest Partners | 1 | CleanSlate Centers |
| Orbimed Asia Partners | 1 | Adela |
| Orbimed Genesis | 1 | Adela |
| Sofinnova Venture Partners | 1 | CleanSlate Centers |
| Voyager Capital | 1 | Videon Central |
A shared board seat: a company where filings name a Sandbox Advantage partner and a partner at the other firm, both with a clean identity match. Not a claim either firm led or co-led the round, only that both are named on the same board.