Fund profile
New Money Ventures
Los Angeles, United States
Not leading
About
New Money Ventures is a venture capital firm dedicated to transforming the future of consumer goods and wellness by investing in purpose-driven brands. Led by CEO and founder Jaclyn Johnson, the firm focuses on early-stage startups that are redefining their respective industries through innovation and impact. New Money Ventures primarily targets companies in the beauty, health, wellness, and consumer tech sectors. With a mission to empower underrepresented founders, particularly female and diverse entrepreneurs, the firm actively looks for startups that emphasize sustainability, inclusivity, and social impact. Their investment strategy is not just financial; they offer mentorship, strategic guidance, and access to a broad network of resources to help founders scale their businesses effectively. The firm has invested in brands like OUAI Haircare, Doe Lashes, and INBLOOM, reflecting its commitment to backing companies that prioritize both purpose and profit. New Money Ventures also stands out for its focus on creating long-term partnerships with founders, ensuring that the startups they support have the resources and guidance necessary to thrive in highly competitive markets.
Details
Highlights
$2.9M
Historical average check
$5M
Historical max check
May 2022
Last investment date
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