Working Capital

The Supply Chain Innovation Fund

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.

Our Partners

Walmart Foundation
C&A Foundation
Stardust Equity
Soros Economic Development Fund
Dolby Family Ventures
Walt Disney Company
Department for International Development
Children’s Investment Fund Foundation
Humanity United
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Investment Approach

We work alongside innovative entrepreneurs and like-minded investors to redefine global corporate supply chains. Our investment focus includes worker engagement platforms, product traceability, and risk assessment.


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Featured updates, perspectives, and investment news.


SupplyShift and Ulula Announce Partnership

SupplyShift and Ulula, announced a partnership that will add information from Ulula’s worker engagement tools to SupplyShift’s database of supplier intelligence.

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SupplyShift Raises Series A Funding to Accelerate Growth

SupplyShift, a leading supplier management, responsible sourcing, and supplier engagement platform, has secured funding to further enable responsible sourcing in global supply chains.

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Opportunities and Tradeoffs: Our Commitment to Empower Workers through Responsible Supply Chain Tech

Ed Marcum, Managing Director of Working Capital, writes about our commitment to empower workers through responsible supply chain tech.

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