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Overview

“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

Also open to B2B tech in verticals such as: Agriculture / AgTech / FoodTech | eCommerce | Education / EdTech | Enterprise |  Government / GovTech | Manufacturing / Industry 4.0 | Sales & Marketing | Supply Chain & Logistics

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 currently have investments in Chicago, Kansas City, Indianapolis, Minneapolis, Iowa, New York, St Louis, Alabama, Austin, Toronto and San Francisco

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