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Venture capital firm

Working Capital

Early-stage venture fund investing in start-ups that make supply chains more ethical and transparent

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About Working Capital

Working Capital is an early-stage venture fund, also called the Supply Chain Innovation Fund. It backs scalable ideas that help companies see who supplies them and source responsibly, with the aim of protecting vulnerable workers.

What Working Capital does

  • Early-stage investing: funds young companies working on supply chain transparency.
  • Supply chain intervention: a stated part of its process, alongside a philanthropic sidecar and a theory of change.
  • Impact reporting: publishes stories, metrics, insights and an annual impact report on its portfolio.
  • Developmental evaluation: an impact measurement approach applied to its investments.

Clients

Start-ups building tools for corporate buyers who want clearer oversight of extended supplier networks. Prewave is one of the companies it explains backing.

Key facts

  • Origin: incubated by Humanity United, part of the Omidyar Group
  • Portfolio size: 13 companies at the end of 2021

Profile written by TrustList from the business's own published information, Oct 2026.

Categories & features

Rankings

As of 2026-10-07. Organic ranks only; sponsored placements are never ranks.

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