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Kelsey Tsai

Vice President, Sandbox Healthcare at Sandbox Industries

Greater Chicago Area

Overview 

Kelsey Tsai is a Healthcare VC at Sandbox Healthcare & The Blue Venture Fund in the Greater Chicago Area, with a strong background in healthcare investment and a Master of Business Administration from The University of Chicago Booth School of Business. Notable career highlights include serving as Vice President at Sandbox Industries and The Blue Venture Fund, showcasing expertise in digital health, health IT, and Midwest healthcare sectors.

Work Experience 

  • Vice President, Sandbox Healthcare

    2021 - Current

    Sandbox invests in technologies that drive lasting change in human livelihood and transform healthcare, sustainability and insurance & financial services. Sandbox also provides innovation consulting through Sandbox Advisors. Sandbox Clinical Ventures focuses on accelerating clinical innovation by investing in companies with transformative diagnostic, device and lab technologies. We bring together key stakeholders across the strategic and investment landscape to back companies that can improve the health of populations, reimagine the experience of care, and bend the cost curve.

  • Associate, Sandbox Healthcare

    2020 - 2021

Sandbox bridges the gap between startups and corporations in three ways: strategic venture funds, accelerators, and consulting services.

  • Vice President

    2020

    The Blue Venture Fund is a unique collaboration among Blue Cross Blue Shield (BCBS) companies, the Blue Cross Blue Shield Association (BCBSA), and Sandbox, to which thirty-five BCBS companies have committed approximately $900 million across four funds. The Blue Venture Fund invests in promising emerging companies of strategic relevance to Blue Cross and/or Blue Shield companies and provides the portfolio with access to BCBS companies to deploy innovation at scale.  Sandbox is an independent company that provides healthcare-related investment management exclusively for the Blue Venture Fund.

The Blue Venture Fund is a strategic investment vehicle that aims to foster innovation within the healthcare system.

  • Investment Banking Summer Associate

    2019 - 2019

J.P. Morgan Ventures Energy Corporation provides commodity risk management solutions in both the physical .

  • MBA Associate

    2018 - 2019

ARCH is a venture firm that focuses on life science discoveries to prevent, detect, and cure disease.

  • Equity Analyst, Biotechnology

    2016 - 2018

  • Associate Equity Analyst, Healthcare

    2015 - 2016

  • Data Analyst, Managed Investments

    2013 - 2015

Morningstar provides independent investment research to investors worldwide.

Raised $91,000,000.00 from SoftBank Capital.

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