He is co-founder of Aspiration, Inc., initially an online banking and investing firm, and an early investor in meal delivery service Blue Apron.

[1] He is also the founder of CalEITC4Me, a California outreach program that helps low-income families claim the state and federal earned income tax credits.

However, he has said he was uneasy working in an industry that he said "totally divorced service from profit", and shifted to investing in start-ups, including the meal delivery outfit Blue Apron and Aspiration.com.

[7] Aspiration enables customers to choose their own fee levels on checking and investment accounts, and offers managed funds that are 100% fossil-fuel free.

[9] Sanberg serves on the Board of Governors at the Jefferson Awards Foundation, an organization that engages over a million youth in volunteer programs and public service annually.