Working Capital Fund
Impact investorWashington · Seed–Series B · 11 people tracked
Also known as WORKING CAPITAL MANAGEMENT LLC
Investment thesis
Working Capital Fund backs technology companies working to improve global supply chains, with a focus on labor rights and ethical practices. Its core technology areas include artificial intelligence and machine learning, computer vision, health-tech wearables, blockchain, and fintech and traceability tools. The firm seeks investments that drive systems change by addressing the root social and environmental causes of supply chain challenges while promoting sustainable and equitable practices. It emphasizes impact at scale combined with sustained revenue and growth.
Source: firm website, verified Aug 11, 2026.
Team · 11 people
from the firm's website & public directories
What they invest in
from 16 of 29 portfolio companiesEnterprise Software ×7AI & Machine Learning ×6SaaS ×6Data & Infrastructure ×4Climate Tech ×3Impact & Social Good ×3Logistics & Supply Chain ×3AgTech ×2
HQs:United States×6Spain×1United Kingdom×1Malaysia×1
Investments · 29 tracked
founders shown can be your intro pathDiginex is a sustainable RegTech company offering a suite of software and advisory services for ESG, climate, and supply chain data collection, reporting, and risk management.
Climate TechEnterprise SoftwareFintechSaaSCentral, GB
Andrew Watkins(Director of the Issuer)Paul Smith(Director of the Issuer)Richard Petty(Director of the Issuer)Yoon Chi-Won(Chairman and Director of the Issuer)Theng Siew Lian Lisa(Director of the Issuer)Paul Ewing(Chief Financial Officer)
Altana operates an AI-powered network platform that connects businesses, logistics providers, and government agencies to automate global trade compliance and supply chain visibility through a shared system of record for product information and value chains.
AI & Machine LearningEnterprise SoftwareLogistics & Supply Chain
Evan Smith(CEO)
Contingent operates a supplier insight and third-party risk management platform that aggregates data from thousands of sources into one system for real-time supplier monitoring, due diligence, and regulatory compliance.
Data & InfrastructureEnterprise SoftwareSaaS
Pinkcollar is a recruitment agency that helps Malaysian families hire live-in Indonesian and Filipino domestic helpers through an end-to-end process including medical, background, and employment screening.
Future of WorkHR TechMarketplaces
Disrupts exploitative labor migration markets by funding and supporting entrepreneurs building ethical recruitment firms for migrant workers.
Brooklyn, US
Alexander Gillett(Executive Officer, Director)Arthur Gillett(Executive Officer, Director)Richard Heitzmann(Director)
BoardMatt Gorin(Director)
Kenzen develops AI-powered occupational health and safety systems that integrate predictive analytics and real-time monitoring to reduce workplace injuries and improve workforce performance.
AI & Machine LearningEnterprise SoftwareHealthtechHR TechSan Francisco, US
Jake Ireland(Director)Lorenzo Thione(Director)Sonia Sousa(Executive Officer, Director)Steven Pecko(Director)
Provenance provides independently validated product claim data to brands and retailers, enabling AI systems to cite trusted information about product attributes across beauty, personal care, and food categories.
AI & Machine LearningData & Infrastructure
Radical AI develops AI software that generates experimental designs for self-driving labs to accelerate materials discovery.
AI & Machine LearningDeep TechNew Materials
Uses novel membranes to recycle lithium-ion batteries and enable industrial separations
Cambridge, US
Jeffrey Grossman(Director)Brendan Smith(Executive Officer, Director)
BoardJacob Bro(Director)Matthew Nordan(Director)
Sphera provides a supplier engagement platform that automates and streamlines supply chain risk management and compliance workflows.
Enterprise SoftwareLogistics & Supply ChainSaaSSanta Cruz, US
Dan Levine(Director)Alexander Gershenson(Executive Officer, Director, Promoter)Tara Norton(Director)James Barsimantov(Director, Promoter)
BoardLoren Straub(Director)
TO THE MARKET guides consumers to make purchasing decisions aligned with ethical and sustainable sourcing values, based on principles from its founder's best-selling book on conscious consumption.
B2B MarketplacesCleantechConsumerImpact & Social GoodNew York City, US
Jane Mosbacher Morris(Founder & CEO)
TRACT operates a sector-owned sustainability measurement platform for the agriculture and food industry, centralizing data collection, supply chain traceability, and performance measurement across environmental, social, and economic metrics.
AgTechClimate TechData & InfrastructureFoodTechImpact & Social Good
Twinco Capital provides supply chain financing that funds suppliers from purchase order through invoice payment, helping corporates build competitive and socially responsible supply chains.
FintechSaaSMadrid, ES
Sandra Nolasco(Founder)Carmen Marin(Leadership)Arancha Díaz-Llado(Leadership)Mariano(Leadership)Jorge(Leadership)Miguel(Leadership)
Exits · 1
IPOs and acquisitions across the tracked portfolioDiginexNASDAQ: DGNX
Portfolio news
latest coverage across their companiesProvenance · m.thewire.in · Dec 1, 2025
Glacier · wastedive.com · Apr 30, 2025
Altana AI · salestools.io · Apr 20, 2025
Frequently asked questions
- What stage does Working Capital Fund invest at?
- Working Capital Fund invests at the Seed, Series A, Series B stages.
- What sectors does Working Capital Fund focus on?
- Working Capital Fund focuses on AI & Machine Learning, Climate Tech, Consumer, Crypto & Web3, EdTech, Enterprise Software, Fintech, Healthtech, Impact & Social Good, InsurTech, Logistics & Supply Chain, SaaS.
- Where is Working Capital Fund located?
- Working Capital Fund is headquartered in Washington, US.
Co-investors · 5
Preface Ventures is an early-stage venture firm that backs experienced founders building 'Frontier Enterprise' companies focused on improving how people work.
Alumni Ventures (AV) is a venture firm that gives accredited individual investors access to professionally managed, diversified venture portfolios by co-investing alongside leading lead VC firms. It offers annual funds, syndicate deal-by-deal investing, and various investor clubs.
Hustle Fund is an early-stage venture capital firm that invests quickly in startups, offering capital along with educational programs and mentorship. It also runs an angel investing community that lets members invest alongside the fund.
Norrsken VC is a European early-stage venture capital firm investing in technology addressing major global challenges across energy, industry and healthcare, born out of the Norrsken ecosystem for impact-focused founders.
Contrarian Ventures is an early-stage venture capital firm focused on backing climate tech founders, providing full-stack support through initiatives like the Energy Tech Summit, The Climate Brick, and Climate50.
Firms observed investing alongside Working Capital Fund, from public investor directories. Shared companies are the overlap with Working Capital Fund's recorded portfolio.
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