The Supply chain innovation fund
Working Capital
Origin & Approach
ABout Us
Theory of chANGE

Overview
Working Capital is an early-stage venture fund that invests in scalable innovations to meet the growing corporate demand for more transparent and ethical supply chains—addressing the urgent need to protect vulnerable workers and source responsibly. It was initially incubated by Humanity United, which is founded by The Omidyar Group, a diverse collection of independent organizations and initiatives.
The Latest
2020 Impact Report
Click the links below to download and view Working Capital's 2020 Impact Report and affiliated documents. 2020 Impact ReportDownload 2020 Impact Report SummaryDownload 2020 Impact Report Press ReleaseDownload
Our Views: Upstream Due Diligence in the Garment and Footwear Sector
As apart of the 2021 OECD Forum on Due Diligence in the Garment and Footwear Sector, Managing Partner Dan Viederman moderated a session entitled 'Upstream Due Diligence'. A message from Managing Partner, Dan Viederman Thanks to the good people at the OECD...
Transparency: Theory of Change Spotlight
At Working Capital Fund (WCF), we invest in innovators. Our partners pioneer ways to disrupt complex supply chains that enable the exploitation of vulnerable workers, in accordance with our Fund’s Theory of Change (ToC). We invest in companies which disrupt...
Leadership by Gender at Working Capital Investment Fund
Fewer than one-quarter of venture investments in the US go to start-ups with a female founder, and only one out of every seven goes to a female-led company, according to the latest All In report from Pitchbook and Microsoft.[1] At Working Capital Fund, our portfolio...
Upcoming Events
25
FEB
Presented By
Daniel Viederman
Working Capital Innovation Fund | Managing Director
Speakers
Paula Luff
Director of ESG Research and Engagement, DSC Meridian Capital
Felicitas Weber
Project Director, Business & Human Rights Resource Centre, KnowTheChain
Rob Zochowski,
Program Director, Harvard Business School, Program on Impact Investing and Impact Weighted Account

Investor’s Guide to Tackling the ‘S’ in ESG: Modern Slavery, Conditions of Work and Employment
This session will seek to identify practical approaches to increasing visibility on upstream risks linked to key commodity supply chains.
Key Discussion Topics Include:
- Effectively integrate social factor metrics to provide accurate data and understanding of ’S’ for investment decision making
- Identify the sources of data that exist or are emerging, including data sourced through new technology, machine learning, NLP and Ai
- How investors should think about the emerging topic of modern slavery within an investment decision-making context
- Discover best practices models of leadership performance demonstrating how leading corporates understand and address social and labour issues in their operations and supply chains