Theory of Change
We see investment as a mechanism for societal change.
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Redirect capital:
We invest in progressive startups.
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Spark civic engagement + Change culture + Build movements
This applies leverage at three critical points, creating momentum.
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Shift power:
Smaller actions become great shifts, driving long-term political impact.
A Flexible Fund
We’ve designed a fund structure that allows us to invest flexibly across startups — for profit and nonprofit, mission-driven and political — for the greatest impact.
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Innovation
A 501c3 fund managed by ImpactAssets enables us to make grants to c3 nonprofits as well as early-stage investments in mission-driven, for-profit companies. Return on these investments helps to sustain our work over time. We also have a fund that enables us to support political action startups. New Media Ventures is a fiscally sponsored project of Tides Advocacy, a 501(c)(4) nonprofit public benefit corporation.
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Operations
New Media Ventures Education Fund is sponsored by Tides Foundation, a 501(c)(3) public charity. The Education Fund enables us to engage the community and provide thought leadership. In addition, New Media Ventures is a fiscally sponsored project of Tides Advocacy, a 501(c)(4) nonprofit public benefit corporation.
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Investor Network
We invite our network to invest alongside us. By sharing deal-flow and diligence, we give individual and institutional investors the ability to make informed, strategic and impactful decisions.
Team
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Jessica Salinas,
Co-President
Jessica serves as Co-President of NMV. Prior, Jessica led the investment team of NMV for four years, where she was responsible for the cultivation of early-stage deal flow and portfolio management, building mission-driven partnerships, and leading the growth and direction of the investment team.
Previously, she was a Partner at an impact fund moving the world towards zero poverty, zero disease and zero pollution. Jessica was also the founding Social Impact Lead at Headspace and the founding Director of the Stanford Latino Entrepreneurship Initiative Scaling Program.
Jessica serves on the Board of Words Uncaged, Plug in South LA, and StreetCode Academy. Jessica received her BA in Communication from Stanford and her MS in Social Entrepreneurship from USC Marshall School of Business.
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Phillip Sanders,
Co-President
Phil serves as Co-President of NMV. Previously, Phil was Partner at NMV where he was responsible for expanding our partnerships, our portfolio of funders, and our investment capacity as well as spearheading new initiatives to support early-stage startups working to expand and scale progressive infrastructure.
Phil served in a variety of roles at Ernst & Young and Rockwood Capital, managing financial duties for clients across technology, real estate, and venture capital. Before joining us, Phil was a Fellow at Kapor Capital and an Investment Accounting Manager at the Kapor Center, where he managed various aspects of investing and financial processes at the fund. Previous to becoming Partner, Phil was an Investment Principal at NMV.
Phil leverages his experience to advise early stage startups and serves as Board Chair at the Ella Baker Center in Oakland. This work allows Phil to bring together thought leaders, innovators, supporters, and investors to design communities and startups for good. Phil is from Chicago, Illinois and holds a B.S. in Accounting and Finance from Bethune-Cookman University. When not at work, he enjoys his lifelong pursuit of the best cup of cappuccino and refining his cooking and salsa skills.
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Thomas Showalter,
Director of Development
Thomas serves as Director of Development for NMV. Thomas brings extensive experience at the intersection of nonprofit leadership, communications, and policymaking.
As executive director of the National Youth Employment Coalition, he grew and diversified its member base and revenue streams. In consulting roles, at firms and independently, Thomas has advised advises nonprofits, foundations, and advocacy organizations on strategy, communications, scenario planning, and coalition building. On the professional staff of the Senate Health, Education, Labor, and Pensions Committee, Thomas worked to draft and negotiate legislation related to education, workforce development, and national service.
Thomas studied religion and political science at Swarthmore College. Based in Silver Spring, MD, Thomas serves as a deacon at Takoma Park Presbyterian Church and as vice president at the cohousing community where he lives.
Outside of work, Thomas loves to cook, run, hike, and entertain neighbors and friends.
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Abi Leung,
Investment Manager
As Investment Manager, Abi is responsible for sourcing investments and co-leading the due diligence process. She also leads our portfolio support program where she creates programming and resources for our portfolio.
Abi joined from a small tech consulting group, where she managed project teams and helped develop client relationships. She studied public policy, with a focus on nonprofits, social entrepreneurship and philanthropy at the University of Southern California. Most notably during her time at USC, Abi founded Trojan Shelter, a shelter run by USC students for college students experiencing houselessness in the Los Angeles area.
When not at work, Abi enjoys trying new restaurants in Los Angeles, going to concerts, perfecting matcha drinks and reading.
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Inbar Soffer Sharon,
Fundraising Manager
As Fundraising Manager, Inbar is responsible for supporting all aspects of fundraising strategy and operations. She works with everyone on the team to ensure that NMV can achieve its fundraising priorities.
Prior to joining NMV, Inbar held a variety of roles in fundraising and events, working across health services organizations, the arts, and tech. She holds as MA in Design Systems from the Pacific Northwest College of Art and is passionate about applying design thinking to solve complex problems and tell compelling stories. Outside of work, Inbar enjoys taking excessive photos and video of her wife and twin toddlers.
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Carlos Salinas,
Investment Manager
Carlos Salinas is an Investment Manager at New Media Ventures. He supports the Investment team with intake and diligence reviews of potential portfolio organizations in the non-profit and for-profit sectors.
Prior to joining NMV, Carlos assisted the Houston Methodist Hospital’s neurosurgery department and University of Houston’s architecture/engineering departments in research and development of disability innovations. He was the co-founder of University of Houston’s first adaptive athletic wheelchair tennis team and served as President of the Adaptive Athletics organization. He has 10+ years of experience in the Supply Chain & Logistics sector.
Carlos is an advocate for disabilities rights and is passionate about ideas and actions that move communities forward. When not at work, he enjoys spending time with his family and friends, handcycling, karaoke, wheelchair tennis, traveling, and attending live music shows.
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Josephine Taniguchi,
Executive Coordinator
Josephine Taniguchi is Executive Coordinator at New Media Ventures and New Rising Ventures, where she serves as the connective tissue across teams. Her scope spans fundraising, investment operations, board relations, HR, accounting, and strategic partnerships — the kind of breadth that only works when someone brings both operational range and executive-level judgment to the table.
Before joining NMV, she built that range as a contractor working with founders and executive teams on program development and organizational design, giving her firsthand understanding of what it takes to build something from the ground up.
Outside of NMV, Josephine and her family serve as Resident Fellows at Stanford University's Casa Zapata, the only Latine residential community on campus. There, she partners with student leaders to design programming and co-facilitates a weekly class on identity, politics, and culture — bringing the same belief in community and shared power that drives her work at NMV.
When she's not at work, Josephine can be found hosting dinners for loved ones, coaching her kids' sports team, crafting, and capturing it all through her camera. She's happiest when she's bringing people together and trying something new.
Board
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John Schwartz (President)
Founder, Voqal
John has a long background in conventional media, dating to his start in community radio. He founded Free Speech TV, the country's leading progressive television network. He also founded a group of organizations known as Voqal that provides low-cost wireless broadband service to schools and non-profit organizations. Voqal is also known for its grants program, including funding that seeded New Media Ventures.
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Sandor Straus
President, Firedoll Foundation
Sandor Straus is the Managing Member of Tigmera, LLC and President of the Firedoll Foundation.
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Carlissia Graham
President, Center for American Progress Action Fund
Carlissia previously served as President of New Media Ventures, drawing from over 15 years of experience in politics and social advocacy as well as firsthand experience as a serial entrepreneur. As an investor and strategist working at the intersections of media, tech, and democracy, she is a fierce advocate for impactful innovation that serves the public.
Her work centers on getting capital to people who are reimagining and building a greater future as evidenced by a thriving democracy, responsible tech ecosystem, and equal capital opportunities for underinvested communities.
Carlissia previously held multiple senior-level positions in the U.S. government democratizing access to publicly-funded technology, creating pathways to public service for underrepresented communities, and directing billions in capital investments in public-tech infrastructure.
Alongside her work at New Media Ventures, she sits on several investment committees and actively counsels founders as they navigate the startup journey. She is a native of Memphis, TN, and is deeply invested in pro-democracy efforts in the US South.
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Dawn Laguens
EVP and Chief of Global Strategy & Innovation, Planned Parenthood
In her role, Dawn oversees strategy, innovation, insights, digital products, and PP Global. She is an Expert in Residence at IDEO and a co-founder of Billion Girls Co-Lab, a girl-driven global R&D platform to strengthen long-term health and economic outcomes for women and girls. Dawn is a CLIO award-winning writer/director and is regularly recognized as one of America’s most creative and impactful leaders. She has championed the use of emerging technology throughout her career and personally led the production of Across the Line, an award-winning virtual reality experience that was featured at the Sundance Film Festival.
From 2011-2018, Dawn was the Chief Brand Officer of PPFA and PPAF. Her leadership cut across the entirety of the organization—building a world-class women’s healthcare brand alongside overseeing the daily advocacy, communications, policy, litigation, and political work. Under her leadership, PP celebrated its Centennial; trained thousands of young diverse leaders; extended digital products and analytics capabilities; enabled innovative communications and content partnerships; and championed a race equity orientation and intersectional approach to the work. During her tenure, Planned Parenthood was recognized as one of Fast Company’s Most Innovative Companies and their base of supporters grew from 3 million to 12 million people.
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Ross Morales Rocketto
Co-Founder of Run for Something
Ross has spent 20 years in electoral politics having worked for candidates from school board to President. He’s spent the last six years scaling Run for Something (RFS), an organization that recruits and supports progressive, diverse, young people running for down-ballot office. Since launching on inauguration day 2017, RFS has worked with over 150,000 potential candidates, made over 3,000 endorsements, and helped elect over 1,000 candidates.
Ross got his start in electoral politics working for former HUD Secretary Julian Castro's first campaign for Mayor and Congressman Joaquin Castro’s state legislative races. In 2003 he organized in Oklahoma for John Edwards and in the 2008 cycle worked in Iowa for Governor Bill Richardson's presidential campaign. He managed Wendy Carrillo's congressional campaign in California and in 2016 was a senior advisor for digital and technology with For Our Future, a multi-million dollar SuperPAC that does field and organizing work in swing states. Recently, Ross launched the White Dudes for Harris coalition group, leveraging media to organize in critical battleground states.
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Eddy Morales
Gresham City Council Member
A small business owner and community organizer, Eddy has spent the last 20 years working for multiple local and national organizations dedicated to community change. He’s served on Gresham City Council since 2019 and was voted council president in 2021 and 2022.
While at the Democracy Alliance, Eddy Morales served as Director of the Latino Engagement Fund, a collaborative effort between over 60 individual philanthropists, progressive institutions, and foundations of all sizes to drive resources and strategies that increase the political power of the growing Latino population. Before that, Eddy was the Deputy Director of Voto Latino and the Deputy Director of Leadership Development at the Center for Community Change, where he launched a development program to recruit and nurture low-income community organizers of color into community-based organizations.
He is the founder and co-chair of the University of Oregon Latino Alumni Association, Treasurer of the Democratic Party of Oregon, founder of East County Rising, and serves on the boards of the Community Catalyst Action Fund, Midwest Academy, Oregon Coalition for Common Sense, Battleground Texas, Code for Progress and Justice Matters Press.
Support Our Work
NMV supports entrepreneurs and activists and moves the field of impact investing forward. If you're interested in supporting our work, please get in touch.
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Contact Us (opens in a new window)Founders in the News
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