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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Water
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Energy
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TrustList summary

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

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

Gallery

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Categories & features

Water
It
Driving
Energy
Early Stage
Silicon Valley
Washington, Dc

Rankings

Working Capital is ranked on 1 TrustList ranking at #30.

Every ranking orders its listings by their reviews, how complete the profile is and the Trust Score. Working Capital has no reviews yet and 3 of the 10 profile details we look for. Where no listing on a page has been reviewed, the order follows the profiles alone.

Venture capital firm · 1 ranking

#30of 32
Washington dc
It is the only one of the 32 here listing early stage and water.
Of the 32 here, 6 also cover healthtech and 5 also cover seed stage; 11 also work in Silicon Valley and 10 also work in New York City.
Behind Waud Capital Partners, ahead of Working Lab Capital.

As of 2026-11-01. Organic ranks only; sponsored placements are never ranks. How TrustList ranks