Organization · Venture Capital

Sandalphon Capital

Sandalphon Capital is a venture capital firm based in Chicago, focusing on early-stage investments in B2B SaaS, marketplace, and consumer startups, primarily in the Midwest.

Venture CapitalFunder

Overview

What Sandalphon Capital does

What Sandalphon Capital is

Sandalphon Capital is a venture capital firm based in Chicago, focusing on early-stage investments in B2B SaaS, marketplace, and consumer startups, primarily in the Midwest.

How it participates in the startup ecosystem

The current public profile supports funder capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.

Operational profile

Organization status and context

Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.

Operational status
Active
Organization type
Venture Capital
Founded
Founded in 2016
Approximate age
About 10 years
Structured capabilities
Funder
Last reviewed
March 18, 2026

Official channels

Find Sandalphon Capital elsewhere

Open the official website or a supported primary organization account.

Capability profile

Sandalphon Capital as a funder

Investment thesis

Sandalphon Capital focuses on early-stage investments in startups that leverage technology to innovate in sectors such as healthcare, fintech, and proptech.

Focus narrative

Sandalphon Capital invests in a diverse range of sectors, including Digital Health, Insurtech, Fintech, PropTech, and GovTech. The firm is particularly focused on early-stage investments, providing capital to startups that are poised for growth and innovation.

Value beyond capital

Sandalphon Capital adds value to its portfolio companies by providing strategic guidance, industry connections, and operational support, helping startups navigate the challenges of early growth.

Terms and economics

Typical check
$100,000–$2,000,000
Sweet spot
$1,000,000

Availability

Currently deploying
Yes

Portfolio and track record

Recorded portfolio count
7
Recorded notable exits
Avail, Truss, and The Minte

Portfolio context

Notable portfolio companies include: Itiliti Health (B2B, Healthcare, InsurTech, SaaS, Pre-Seed/Seed stage), Joe & Bella (B2B & B2C, eCommerce, Healthcare, Pre-Seed/Seed stage), ProsperStack (B2B, FinTech, SaaS, Pre-Seed/Seed stage), Havoc Shield (B2B, InsurTech, SaaS, Pre-Seed/Seed stage), RoofMarketplace (B2B, InsurTech, Marketplaces, Real Estate Tech, SaaS, Series A stage), CoPilot (B2C, Healthcare, IoT, SaaS, Series A stage), and Kin Insurance (B2C, InsurTech, Pre-Seed/Seed and Series A stages).

Common questions

What to know about Sandalphon Capital

Upseed classifies Sandalphon Capital under the Venture Capital organization type. Its current public profile includes funder capabilities.

Next step

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Source and update disclosure

Know what this page is based on

Source basis

Public organization and program material, official websites, and structured Upseed records.

Last reviewed

March 18, 2026

Known limits

Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.

Upseed is an independent guide. It is not affiliated with or endorsed by the organization described on this page.