About Sandalphon Capital
Sandalphon Capital is a venture capital firm founded in 2016. It is primarily based out of Chicago, United States. As of Dec 2023, Sandalphon Capital has invested in 41 companies. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Consumer and FinTech. Most recently it participated in the $***** Series A round of RoofMarketplace.com Overall, Sandalphon Capital portfolio has seen 1 unicorn, 1 IPO and 8 acquisitions including key companies like Triller, Grove and Kin. A lot of funds co-invest with Sandalphon Capital, with names like M25 sharing a substantial percentage of its portfolio. Sandalphon Capital has team of 14 people including 2 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed & Series A
Portfolio IPOs
Portfolio Acquisitions
Portfolio Unicorns
Sandalphon Capital's List of Top Investments
Sandalphon Capital has a portfolio of 41 companies, one of which is a Unicorn. Their most notable investments are in Structurely and Visual Feeder.Their portfolio spans across and United States. They have invested in Enterprise Applications, Consumer, FinTech and 14 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by Sandalphon Capital:
1. Triller
Mobile-based music video creation and social sharing platform. It allows users to create music videos and share them with friends. Users can select a song from the platform and from their devices, and add filters such as slow-motion, speed-up, tempo, and more, to share them with others. It also allows users to share created music videos on multiple social media platforms. The application is available for both Android and iOS devices. It generates revenue through in-app purchases.
Key facts about Triller
- Founded Year: 2015
- Location: Los Angeles (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $400M
- Employee Count: 96 as on May 31, 2026
- Investors: Bayrock, StraightPath Venture Partners and 36 Others
- Latest Funding Round: Conventional Debt, Aug 29, 2022, $*****
- Highlight: Acquired
2. Happy
Provider of centralized maintenance, asset, and property management software solutions. The platform offers tools for service requests, unit turnover, preventative maintenance, and scheduling. It facilitates capital project oversight, fixed asset tracking, and property budgeting. The software also supports property inspections, resident satisfaction initiatives, and reporting.
Key facts about Happy
- Founded Year: 2011
- Location: Carlsbad (United States)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $77.9M
- Employee Count: 245 as on Apr 30, 2026
- Investors: Supercharge Capital, Sandalphon Capital and 32 Others
- Latest Funding Round: Series B, Jan 18, 2022, $*****
- Highlight: Editors' Pick
3. Grove
Online subscription-based platform providing cleaning products and beauty products. Its catalog includes home, skin care, oral care, hair care, perfumes & deodorants, and pet care products. The users can customize the curated boxes based on the preferences.
Key facts about Grove
- Founded Year: 2012
- Location: San Francisco (United States)
- Annual Revenue: $100M - $500M as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $527M
- Employee Count: 409 as on May 31, 2026
- Investors: Glynn Capital, Morgan Stanley and 44 Others
- Latest Funding Round: Post IPO, Oct 14, 2024, $*****
- Highlight: Public
4. Kin
Online platform for homeowner insurance platform for individuals. It offers claims settlement services. It features a repair program for policyholders to rebuild homes. It offers insurance such as condo insurance, vacation home insurance, landlord insurance, and more. It also helps with insurance fraud.
Key facts about Kin
- Founded Year: 2016
- Location: Chicago (United States)
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $422M
- Employee Count: 701 as on May 31, 2026
- Investors: August Capital, Savano Capital Partners and 50 Others
- Latest Funding Round: Series E, Sep 08, 2025, $*****
- Highlight: Editors' Pick
5. Provi
Operator of an online marketplace connecting alcohol buyers, distributors, and brands. The platform provides tools for product discovery, communication, and order management. It offers a way for buyers to find products and connect with sales representatives. The platform also allows brands and distributors to showcase portfolios.
Key facts about Provi
- Founded Year: 2015
- Location: Chicago (United States)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $157M
- Employee Count: 271 as on May 31, 2026
- Investors: Sandalphon Capital, FJ Labs and 17 Others
- Latest Funding Round: Series C, May 21, 2026, $*****
- Highlight: Editors' Pick
Sandalphon Capital's Year-on-Year Investment Trends
Sandalphon Capital has invested in 41 companies over the last 10 years, with an average of 3 new investments annually in the last 10 years. Its most recent first time investment was in RoofMarketplace.com and most recent follow-on round was in WorkTorch.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 1 | 0 | 1 |
2022 | 5 | 1 | 6 |
2021 | 5 | 2 | 7 |
2020 | 0 | 1 | 1 |
2019 | 2 | 3 | 5 |
2018 | 2 | 5 | 7 |
2017 | 6 | 1 | 7 |
Sandalphon Capital's Investments by Stage
Sandalphon Capital has made 19 investments in Seed stage with an average round size of $1.91M and 7 investments in Series A stage with an average round size of $6.12M.Stage of entry | No. of Investments |
|---|---|
Seed | 19 |
Series A | 7 |
Note: We have considered here, only first round of investments
Sandalphon Capital's Investments by Sector
Sandalphon Capital has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, Real Estate and Construction Tech, FinTech and Vertical SaaS. Notably, it has invested in 38 Tech companies, 28 Enterprise (B2B) companies, 25 Software companies and at least 17 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 14 |
Consumer | 6 |
Real Estate and Construction Tech | 6 |
FinTech | 5 |
Vertical SaaS | 5 |
Others | 20 |
Note: We have considered here, only first round of investments
Sandalphon Capital's Investments by Geography
Sandalphon Capital has made most investments in United States (25), followed by Canada where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 25 |
Canada | 1 |
Note: We have considered here, only first round of investments
Sandalphon Capital's recent investments
Sandalphon Capital has not made any investment in 2026 so far.Here are the most recent investments by Sandalphon Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Dec 29, 2023 | United States | Series A | 5564 | - | |
Dec 14, 2022 | United States | Series A | 2688 | [+3] | |
Dec 01, 2022 | United States | Series A | 8300 | [+3] | |
Nov 09, 2022 | United States | Seed | 9939 | [+3] | |
Nov 07, 2022 | United States | Seed | 8202 | [+11] |
Unicorns in Sandalphon Capital's Portfolio
Sandalphon Capital has 1 unicorn in its portfolio - Kin. The most recent unicorn in their portfolio is Kin which became a unicorn in 2023, 6 years after Sandalphon Capital first invested in it.Here is a list of unicorns in Sandalphon Capital's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
66 | Online platform for homeowner insurances for individuals | 2016 | Chicago | Series E | ybzgjup |
IPOs and Publicly Listed companies in Sandalphon Capital's Portfolio
1 of Sandalphon Capital's portfolio company became public - Grove. It got listed on the New York Stock Exchange (NYSE), in May 2021.Here are Sandalphon Capital's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 14, 2021 | - | - | 9351 |
Acquired companies in Sandalphon Capital's Portfolio
8 companies from Sandalphon Capital's portfolio have been acquired. The most recent acquisition was The Minte in Aug 2021 by Spruce for $*****.Here are Sandalphon Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Aug 11, 2021 | Feb 07, 2018 | Seed | 6394 | |
May 11, 2021 | - | - | 2191 | |
Apr 27, 2021 | Jun 27, 2016 | Seed | 9953 | |
Dec 15, 2020 | May 25, 2017 | Seed | 8588 | |
Jan 31, 2020 | - | - | 7914 |
Team profile of Sandalphon Capital
Sandalphon Capital has a team of 14 members including 2 Partners, 1 Venture Partner and 1 Principal located in United States and Turks And Caicos Islands. Sandalphon Capital's team does not sit on the board of any company as of now.Here is a list of top team members in Sandalphon Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Chicago | - | ||
Partner | Chicago | - | ||
Venture Partner | Hinsdale | - | - | |
Principal | Turks And Caicos Islands | - | - |
Co-investors of Sandalphon Capital
Over the past 10 years, 199 investors have co-invested in Sandalphon Capital's portfolio companies. This includes funds and angels.
- Invested before Sandalphon Capital: 500 Global, HPA and 24 others have invested in rounds before Sandalphon Capital. There are 2 companies where 500 Global has invested before Sandalphon Capital and 2 companies where HPA has invested before Sandalphon Capital.
- Top Co-investors of Sandalphon Capital: 79 investors entered a company along with Sandalphon Capital. These include investors like M25 (3 companies).
- Invested after Sandalphon Capital: A total of 94 investors have invested in Sandalphon Capital's portfolio after their investments. Top Investors include Cultivation Capital (2 companies), Jump Capital (2 companies) and MATH Venture Partners (2 companies).
Recent News related to Sandalphon Capital
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Cloverpop Decision Intelligence Platform Raises Series A Financing to Transform Enterprise Decision-MakingGlobeNewswire•Dec 14, 2022•Cloverpop, Allos Ventures, Tawani Ventures, North Coast Ventures and 2 others
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HR platform WorkTorch raises $2.2M seed roundTechCrunch+•Nov 07, 2022•Tenzing Capital, Bloomberg, MATH Venture Partners, Ruthless For Good and 16 others
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CoPilot's 1-on-1 Coaching Raises $6 Million to Solve What Technology Can'tNewswire•Jan 10, 2022•Carnegie Mellon University, Hyde Park Venture Partners, Alpha Edison, TenOneTen and 5 others
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Stere Closes $2M Seed Funding Round led by Fin VCGlobeNewswire•Dec 14, 2021•Stere, Fin Capital, Sandalphon Capital, HIMCO and 3 others
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Service Industry Career Platform, QuickHire, Raises $1.41 Million to Tackle ‘Great Resignation’Rad AI•Nov 15, 2021•QuickHire, MATH Venture Partners, Sandalphon Capital, KCRise Fund and 6 others
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Tenacity Raises $3M to Make Public Cloud Security Accessible to Every CompanyHostingJournalist•Oct 10, 2021•Tenacity, Hyde Park Angels, Sandalphon Capital, Tenacity Cloud
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Balto Raises $37.5M in Series B FundingFinSMEs•Aug 21, 2021•Balto, Stripes, RingCentral, Sierra Ventures and 7 others
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Call center automation startup Balto secures $37MVentureBeat•Aug 19, 2021•Balto, Stripes, RingCentral, Sierra Ventures and 7 others
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CRE Simple Raises Seed FundingFinSMEs•Oct 16, 2019•CRE OneSource, Grand Ventures, Fin Venture Capital, Darkknight Ventures and 3 others
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Balto attracts $3 mln seedPE Hub•Sep 26, 2019•Baltosoft, OCA Ventures, Stage Venture Partners, Jump Capital and 4 others
