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New Moon

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Online media company that sells women's magazines

Richmond, United StatesFounded 1993Consumer Services
Valuation $100–250M Last recorded · 2000
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for New Moon and the history behind them.

About New Moon

New Moon Girl Media is a publisher focused on providing a supportive and creative community for girls aged eight to fourteen. The company was founded in 1992 by Nancy Gruver and her husband, Joe Kelly, who were inspired by their twin daughters, Mavis and Nia. Troubled by the media landscape available to girls, which often promoted consumerism and self-doubt, Gruver envisioned a space where girls' own voices and dreams would be central. This led to the creation of *New Moon: The Magazine for Girls and Their Dreams*, with the first issue published in March 1993.

The core of the business is its media offerings, which started with a quarterly print magazine and expanded to include a significant online presence. A key differentiator is the company's commitment to being 100% ad-free, a decision made at its inception to ensure content is not influenced by sponsors and to avoid making girls feel they need to purchase products to fix supposed flaws. This business model relies entirely on revenue from subscriptions and direct sales, making the readers and their families the primary stakeholders. The company survived the 2008 recession and other industry upheavals that caused ad-supported magazines to close, a testament to its community-supported financial structure.

The primary product is *New Moon Girls*, which has transitioned from a print-focused publication to an all-digital format as of summer 2022. The platform serves girls, nonbinary, and transgender youth from ages 8 to 14. Its content is unique in that about 95% of it is created by the readers themselves. Girls submit articles, creative writing, opinions, artwork, and videos, which are curated by a small team of adult editors and moderators. Regular features have included sections like "Herstory" (profiling women from history), "Global Village" (featuring girls from other countries), and "Ask a Girl" (a peer-to-peer advice column). The online community, launched in 2008, provides a safe, moderated space for members to interact, create content in private virtual "rooms," and connect with peers globally.

Source: Dealroom company data

At a glance

Status
Operational
Founded
1993
Headquarters
Richmond, United States
Employees
4
Open positions
None listed
Dealroom signal
54.9/100
Industry
Media
Sub-industry
Publishing
Sector
Consumer Services, Publishing
Client focus
b2b

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES A✓Equity / VC May 2008 — — Sofia Fund —
LATE VC✓Equity / VC Jul 2000 $35M $140M Mobius Venture Capital · Green Frog Innovations —
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Growth signals

New Moon website traffic

Latest recorded traffic for New Moon is 1.7K monthly website visits, down 60.5% over the last three months. New Moon's team grew 0% over the past year.

Latest monthly visits1.7K 3-month web change-60.5% 1-year team growth0%
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Similar companies

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

3 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A1 investor entered at this stage

  • Sofia Fund

Series B and later2 investors entered at this stage

  • Mobius Venture Capital
  • Green Frog Innovations
Team profiled 1 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · Richmond HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about New Moon on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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