The Sandbox

Montreal, Canada Founded: 2018 • Age: 8 yrs
NFT-based virtual metaverse is developed for user-owned experiences.
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About The Sandbox

The Sandbox is a company based in Montreal (Canada) founded in 2018 by Sebastien Borget and Arthur Madrid.. The Sandbox has raised $115.01 million across 5 funding rounds from investors including Animoca Brands, SoftBank and Com2uS. The Sandbox has completed 3 acquisitions, including Cualit, QED and Sviper. The Sandbox operates in a competitive market with competitors including Roblox, Sorare, Immutable, Vulcan Forged and Immortal Game, among others.

  • Headquarter Montreal, Canada
  • Founders Sebastien Borget, Arthur Madrid
  • Sectors
    Technology
    Media & Entertainment Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Tsb Gaming Ltd
Operational Areas
Technology → Marketing, Adtech & Commerce Technology
Media & Entertainment → Gaming & Interactive Entertainment
Financial Services → FinTech & Digital Finance
Technology → Extended, Virtual & Augmented Reality
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $115.01 M (USD)

    in 5 rounds

  • Latest Funding Round
    $20 M (USD), Series B

    Jun 06, 2024

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
    Cualit

    & 2 more

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People of The Sandbox
Headcount 50-200
Employee Profiles 64
Board Members and Advisors 1
Employee Profiles
People
Benjamin Coste
Head Of Blockchain And Web3 Product
People
Arthur Madrid
Chief Executive Officer
People
Lucas Shrewsbury
CTO
People
Marcelo Santurio
CFO

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Board Members and Advisors
people
Harvey Tsoi
Advisor

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Funding Insights of The Sandbox

The Sandbox has successfully raised a total of $115.01M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $20 million completed in June 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 5
  • Last Round Series B — $20.0M
  • First Round

    (19 Mar 2020)

  • Investors Count 26
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2024 Amount Series B - The Sandbox Valuation Kingsway Capital , Animoca Brands
Dec, 2021 Amount Angel Round - The Sandbox Valuation Adrian Cheng
Nov, 2021 Amount Series B - The Sandbox Valuation SoftBank Vision Fund
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in The Sandbox

The Sandbox has secured backing from 26 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Animoca Brands, SoftBank and Com2uS. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital investments in technology and startups.
Founded Year Domain Location
A global venture capital firm focused on technology investments.
Founded Year Domain Location
Venture capital and incubation are provided for blockchain technology firms.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by The Sandbox

The Sandbox has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Cualit, QED and Sviper. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Scalable software and blockchain solutions are developed by QED.
2020
Mobile game studio based in Hamburg
2016
Application development, IT consulting, and digital marketing services are provided.
2012
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - The Sandbox

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

The Sandbox Comparisons

Employees
+
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Competitors of The Sandbox

The Sandbox operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Roblox, Sorare, Immutable, Vulcan Forged and Immortal Game, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
A gaming platform for user-generated content is operated.
domain founded_year HQ Location
Blockchain-based fantasy sports marketplace is provided for multiple sports.
domain founded_year HQ Location
Blockchain infrastructure for NFT games and applications is developed.
domain founded_year HQ Location
Web3 ecosystem focused on blockchain gaming and NFTs
domain founded_year HQ Location
PC and console-based NFT chess games are developed.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on The Sandbox

Frequently Asked Questions about The Sandbox

When was The Sandbox founded?

The Sandbox was founded in 2018 and raised its 1st funding round 2 years after it was founded.

Where is The Sandbox located?

The Sandbox is headquartered in Montreal, Canada. It is registered at Montreal, Quebec, Canada.

Who is the current CEO of The Sandbox?

Arthur Madrid is the current CEO of The Sandbox. They have also founded this company.

Is The Sandbox a funded company?

The Sandbox is a funded company, having raised a total of $115.01M across 5 funding rounds to date. The company's 1st funding round was a Series B of $93M, raised on Mar 19, 2020.

What does The Sandbox do?

The Sandbox was founded in 2018 in Montreal, Canada, as a developer in the blockchain gaming sector. A virtual metaverse platform is offered where users can engage in gameplay, construct environments, own digital assets via NFTs, and monetize creations. In-game items are traded through investment and marketplace features. Access is enabled on PC and macOS, with opportunities for exploring content and social interactions provided.

Who are the top competitors of The Sandbox?

The Sandbox's top competitors include Roblox, Sorare and Immutable.

How many acquisitions has The Sandbox made?

The Sandbox has made 3 acquisitions, including Cualit, QED, and Sviper.

Who are The Sandbox's investors?

The Sandbox has 26 investors. Key investors include Animoca Brands, SoftBank, Com2uS, SQUARE ENIX, and GoldenTree.

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