Value proposition

Pre-Seed/Seed B2B and Consumer VC focused on the Midwest

Sandalphon leads, co-leads or meaningfully participates in Pre-Seed and Seed stage rounds for B2B SaaS, Marketplace and Consumer startups, primarily in Chicago and the Midwest.

Primary industries of interest: B2B/Enterprise SaaS, FinTech, InsurTech, RegTech, PropTech / Real Estate Tech, Tech-Enabled Healthcare Services or Healthcare IT, Consumer Tech, FoodTech, EdTech, GovTech, IoT / Hardware with Recurring Revenue

Geographic focus: Chicago and the Midwest, and other markets opportunistically.

Portfolio Companies:

FinTech / InsurTech / RegTech:
- Anasova (Chicago)
- BreachRX (DC)
- TBA (Chicago)
- Kin Insurance (Chicago)
- Oliver (Austin/DC) - exited
- LogicGate (Chicago) - exited
- MyCOI (Indianapolis)
- TBA (Milwaukee)
- RealKey (San Francisco)
- Stere (New York)
- Supernova (Chicago)

PropTech / Real Estate Tech:
- Avail (fka Rentalutions) (Chicago) - exit to realtor.com
- CRE Simple (San Francisco) - exit
- HappyCo (San Francisco)
- OpenVia (Birmingham, AL)
- RealVision (Toronto/Minneapolis)
- Structurely (Ames)
- The Minte (Chicago) - exit to Spruce
- Truss (Chicago) - exit to Avison Young
- Visual Feeder (Chicago)

Healthcare IT / Tech-Enabled Healthcare Services:
- Array Behavioral Care (fka Regroup) (Chicago)
- Metopio (Chicago)

FoodTech:
- Chowly (Chicago)
- Provi (Chicago)

GovTech:
- Ascent Integrated Tech (Chicago)
- Daupler (Kansas City)
- eHawk (Lee's Summit, MO)

EdTech:
- Invoke (Indianapolis)
- Levered (Santa Cruz)

Other B2B SaaS:
- Backstitch (Kansas City)
- Balto (St Louis)
- Clearbox Decisions / Cloverpop (Chicago)
- Page Vault (Chicago)
- QuickHire (Wichita)
- Tenacity (Ann Arbor)
- Vertex (Ames)
- TBA (Minneapolis)
- WeSolv (Chicago)

Consumer:
- Character (Chicago/New York)
- CoPilot (Pittsburgh)
- Jiobit (Chicago) - exit to Life360
- Pacas (Chicago)
- Sofie (Chicago)
- Throne (DC)
- TripScout (Chicago/DC)
- Quevos (Chicago)

VC, Venture Capital, Seed, B2B, SaaS, FinTech, Real Estate Tech, RETech, PropTech, Healthcare IT, Tech-Enabled Healthcare Services, IoT, Midwest, InsurTech, InsureTech, B2C, Food, and Consumer