One of Silicon Valley’s top investors has quietly dumped seven figures into Democratic super PACs over the past two years through a pair of dark money groups that have little documented activity beyond channeling money into federal elections.
Matt Cohler, a former Facebook executive and a partner at the venture capital firm Benchmark, is behind the pair of nonprofit groups, one of which has donated a total of more than $1 million this year alone to three leading Democratic political groups. The Pacific Environmental Coalition’s latest donation came last month, according to records released this week; it donated $500,000 to Senate Majority PAC, a powerhouse super PAC aligned with Senate Minority Leader Chuck Schumer (D-N.Y.).
Earlier this year, PEC also donated $300,000 to Unite the Country, a super PAC supporting former vice president Joe Biden’s presidential campaign. And in February, the group chipped in $250,000 to VoteVets, the progressive vets group that was backing former South Bend mayor Pete Buttigieg’s presidential bid at the time.