“Sandalphon” is the name of the tallest angel – said to be the protector of newborn children (yes, that’s a metaphor for startups), whose most important responsibility is supposedly “to ensure that prayers are answered”. The etymology of the name is loosely translated as “co-brother”. We seek to be a helpful partner to entrepreneurs to maximize the probability of a good outcome for all stakeholders.

Sandalphon hosts midwest.tech/connect – a virtual summit connecting Midwest-based and Midwest-linked Pre-Seed to Series A stage startups with VCs and angel investors. Sign up for email updates to hear about upcoming events.

Stage Focus / Typical Check: Pre-Seed ($100-250k) / Seed ($500k-$1m) /  Series A ($1-2m) with ability to invest larger amounts via LP coinvestment

Themes: Digital Transformation: enabling incumbents through technology | Digital Reinvention: displacing incumbents through enterprise-wide tech-from-the-ground-up business models

Business Models: B2B SaaS | Marketplaces

Sectors of focus: Digital Health / Healthcare IT and tech-enabled services  | Insurance / Insurtech | Financial Services / FinTech | PropTech / Real Estate Tech and Construction Tech | Government / GovTech

We do NOT currently invest in crypto, life sciences / biotech / pharmaceuticals / medical devices, or advanced materials

Geographic Focus: Sandalphon invests across the US but with deep roots in Chicago, the Midwest and other underserved markets. We typically do not invest in the Bay Area.