DFX Intelligence
Venture Capital Intelligence
Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.
Funds / Sandbox Clinical Ventures Fund, LP
Sandbox Clinical Ventures Fund, LP
Amounts, each with its basis
- Vintage
- 2023basis: form d first sale
- Target
- unknownnot announced
- First close
- unknownnever inferred from a Form D
- Final close
- unknownonly from an announcement or an LP disclosure
- Announced size
- unknown
- Form D offering
- $100Mwhat may be sold, not what was raised; file 021-493481, sworn by the adviser or filed under this vehicle
- Form D sold
- $72.0Mas of the filing of Feb 12, 2025, 10 investors
- First sale
- Oct 3, 2023
- Reported GAV
- $57.1Mon the Form ADV filed Mar 29, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 9
- Reported on ADV
- Mar 29, 2024 to Mar 29, 2024
Fundraising evidence
Unknown
latest Form D 2025-02-12, older than 15 months (fr-1)
evidence dated Feb 12, 2025. A Form D offering is permission to sell, not a fund in market; an amount sold is never a close; an evergreen offering amended every year is not a raise.
Lifecycle
Active deployment
vintage 2 to 4 years
age years: 3first sale: 2023-10-03vintage year: $2,023adv gav as of: 2024-03-29vintage basis: form_d_first_saleform d sold usd: $72.0Mform d offering usd: $100Mform d latest filed at: 2025-02-12
The fund's own reporting through time
1 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 29, 2024 | Venture Capital Fund | $57.1M | 9 | $200,000 | 2% | yes |
Principals and agents
4 principals on Form D, 0 placement agents
- Matthew Downs Executive Officer
- Sandbox Clinical Ventures, LLC Executive Officer
- Emir Sandhu Executive Officer
- Thomas Hawes Executive Officer
Limited partners and their reported performance
0 public LP reports
No public LP has reported this vehicle. The LP tape is read from public pension disclosures (see Limited partners); a fund appears here only when an LP’s report names it.
Investments attributed to this vehicle
0
No investment attributed to this vehicle. The firm’s investments sit on the firm; a fund gets one only when a source names the vehicle.
Timeline
3 events
- Feb 12, 2025Sandbox Clinical Ventures Fund, LP filed Form D/A: $72,000,000 sold of $100,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
- Mar 29, 2024Sandbox Clinical Ventures Fund, LP first reported on Form ADV by Sandbox Industries (Venture Capital Fund), GAV $57,142,857Fund first reported on Form ADV Fact SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Sep 29, 2023Sandbox Clinical Ventures Fund, LP filed Form D: no sales yet of $100,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
31 observations
Every observation on this vehicle
- Entity type: Limited Partnership Feb 12, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Entity type: Limited Partnership Sep 29, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Feb 12, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Sep 29, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Feb 12, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Sep 29, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: true Feb 12, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Sep 29, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Not Applicable Feb 12, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Not Applicable Sep 29, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Feb 12, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Sep 29, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Feb 12, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Sep 29, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $72.0M Feb 12, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $0 Sep 29, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $100M Feb 12, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $100M Sep 29, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.7 Feb 12, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.7 Sep 29, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2023-10-03 Feb 12, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 10 Feb 12, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 0 Sep 29, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Feb 12, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Sep 29, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Feb 12, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Sep 29, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: C/O SANDBOX INDUSTRIES, 333 NORTH GREEN STREET, SUITE 802, CHICAGO, IL, 60607 Feb 12, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: C/O SANDBOX INDUSTRIES, 333 NORTH GREEN STREET, SUITE 802, CHICAGO, IL, 60607 Sep 29, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2023 Feb 12, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2023 Sep 29, 2023 Fact SEC EDGAR Form D data sets (quarterly)