JE

Jonathan Ellis

Founder & Managing Partner @ Sandalphon Capital and InnovateHealth Ventures | VC | HealthTech, InsurTech, PropTech, GovTech | Enterprise SaaS

Chicago, Illinois

Invests in

  • Min Investment:

    $100,000.00
  • Max Investment:

    $2,000,000.00
  • Target Investment:

    $1,000,000.00

Work Experience

  • Managing Partner

    2024

    Strategic, specialist healthcare seed fund investing in software and tech-enabled solutions in the payor / provider ecosystem

  • Founder & Managing Partner

    2016

    Sandalphon leads, co-leads or meaningfully participates in Pre-Seed and Seed stage rounds for B2B SaaS and Marketplace startups. Our latest fund, InnovateHealth Ventures, focuses exclusively on healthcare technology (excluding medical devices, pharmaceuticals and biotech). Primary industries of interest: HealthTech, Tech-Enabled Healthcare Services or Healthcare IT, FinTech, InsurTech, RegTech, PropTech / Real Estate Tech, GovTech, Enterprise SaaS Geographic focus: USA with strong footprint across the Midwest and other non-Bay Area markets Illustrative Portfolio Companies: Healthcare IT / Tech-Enabled Healthcare Services: Array Behavioral Care (fka Regroup), Metopio, Itiliti Health, Sanarte FinTech / InsurTech / RegTech including: Kin Insurance, Stere, Supernova, BreachRX, HavocShield, LogicGate (exited), MyCOI, RoofMarketplace, RealKey, Oliver (exited) PropTech / Real Estate Tech: HappyCo, Avail (fka Rentalutions) (exit to realtor.com), Visual Feeder, OpenVia, RealVision, Truss (exit to Avison Young) GovTech: eHawk, Throne, Daupler, Ascent Integrated Tech Other B2B Tech: Provi, Chowly, Vertex 3D, Clearbox Decisions / Cloverpop, Balto, Structurely, ProsperStack, Backstitch, WeSolv, Worktorch (fka QuickHire), Page Vault (exited) Opportunistic Consumer: Pacas, Trainwell (fka CoPilot), Jiobit (exit to Life360), Character, @hotel (fka TripScout)

  • Founder

    2020

    midwest.tech/connect is a massive 2-day virtual summit connecting Midwest startups/founders, VCs and curated angel investors through efficient, mutual opt-in 1-on-1 meetings. FREE for startups - always. Typically we have 600-700 startups and 200-300 investors participating.

2023

  • Board Member

    2023

    Stere is an intuitive and digital ecosystem that allows for seamless launch, growth and management of insurance programs. Our mission is to empower businesses to launch and grow insurance programs with a full-stack infrastructure, by providing the right services and tools such as digital platforms, data analytics, a network of capacity providers, innovative tech and more.

  • Board Member

    2022

    RoofMarketplace connects homeowners, carriers, and contractors during the complicated roof claim process. Using aerial imagery, roofers provide actionable bids in minutes without ever visiting the property.

  • Board Observer

    2022

    The only platform that automates and enhances subscriber acquisition and retention experiences so you can keep the customers you’ve already earned.

  • Board Observer

    2022

    Helping insurance brokers and agents write more cyber policies, reduce claims and educating producers on cybersecurity

2022

  • Board Member

    2022

    OpenVia is an API-first platform that gives delivery and service companies temporary access to the properties they serve

  • Board Member

    2022

    A media tech company that deploys next generation brand activations and digital OOH using projection mapping technology.

  • Board Observer

    2021

    Solving the public bathroom shortage in America - Throne is building a network of smart, clean bathrooms for those that need to "go" on the go.