# Sandbox Banking

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sandbox-banking

- Industry: Software
- Headquarters: Cambridge, US
- Website: www.sandboxbanking.com
- Total disclosed funding: $4.6M
- Latest round: Seed (Nov 7, 2022)
- Investors on record: 6

## About

Based in the US, Sandbox Banking develops Glyue®, an Integration Platform as a Service that connects banking systems with over 50 leading fintech integrations, enhancing operational efficiency for financial institutions.Sandbox Banking was founded in 2015 in Cambridge, US, and specializes in integrating banking cores and critical systems for financial institutions. The company was co-founded by Ravi Balasubramanian and Skye Isard. In February 2025, Sandbox Banking was acquired by nCino, Inc. for USD 52.5 mn, following a successful track record of four deals, with the latest round yielding a total funding of USD 4.00 mn. The acquisition opens opportunities for enhanced connectivity and operational efficiency for banks and credit unions.Sandbox Banking specializes in providing Glyue®, an Integration Platform as a Service (iPaaS) that integrates banking cores and critical systems for banks, credit unions, and financial institutions. Glyue® allows seamless connections with over 50 fintech integrations covering lending, deposits, KYC/AML compliance, mobile banking, and analytics. It automates processes for data extraction, transformation, and loading through a self-service workflow, significantly improving operational efficiency and customer experiences. A notable use case is its facilitation of streamlined onboarding via integrated Digital Account Opening systems and enhancing customer relationship management through effective CRM integrations, primarily targeting North American financial institutions.Sandbox Banking operates under a revenue model that includes subscriptions and partnerships with various financial institutions. The company generates revenue through structured pricing for Glyue®, with clients paying subscription fees for integration capabilities and services. Ongoing service agreements with banks and credit unions leverage pre-built integrations to connect with core banking systems, fostering client retention and operational scalability as the market evolves.Following the acquisition by nCino, Inc. in February 2025, Sandbox Banking plans to leverage the additional earn-out opportunity of up to USD 10 mn based on performance metrics to enhance its product offerings. This acquisition will support the development of new products designed to improve data connectivity for financial institutions. Additionally, Sandbox Banking aims to expand its reach into new geographic markets, specifically targeting regions where banks and credit unions are seeking to modernize their operations. The focus will be on utilizing recent funding to streamline operations and enhance product offerings in line with market demands.

## Funding rounds

- Seed, Nov 7, 2022, $4M — Horizon Founders Capital, Tuesday Capital, Forum Ventures, SixThirty
- Seed, Mar 22, 2017, $0.6M — Y Combinator, SixThirty, Blacktop Capital

## Investors

- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- SixThirty (https://capitalatlas.ai/funds/sixthirty) — Seed
- Blacktop Capital (https://capitalatlas.ai/funds/blacktop-capital) — Seed
- Horizon Founders Capital (https://capitalatlas.ai/funds/horizon-founders-capital) — Seed
- Tuesday Capital (https://capitalatlas.ai/funds/tuesday-capital) — Seed
- Forum Ventures (https://capitalatlas.ai/funds/forum-ventures) — Seed