The Supply chain innovation fund
Origin & Approach
We are proud to work alongside visionary entrepreneurs with innovative ideas who believe in the potential impact of their solutions to help companies achieve more transparent and ethical supply chains and advance worker welfare.
At Working Capital, we identify opportunities to accelerate the development and deployment of innovative, market-based solutions to meet the growing corporate need to protect vulnerable workers and source responsibly. To do this, we invest in early-stage companies led by bold, inspiring entrepreneurs.
We are open to new possibilities and eager to explore emerging, disruptive technologies that can help companies improve working conditions in their global supply chains. We hope to hear from entrepreneurs with innovative ideas about how we can collaborate to build a better, more responsible future.
The Fund is operating and investing in a space within venture capital and technology innovation that is experiencing significant growth, increased market opportunity, and strong investment tailwinds.
Honest Jobs Holdings is disrupting the inefficient and exploitative labor migration markets in order to eliminate conditions of forced labor. We do this by providing funds, mentorship, and connections to entrepreneurs who are building the recruitment firms that will ultimately make ethical recruitment of migrant workers the standard across Asia and the world.
Kenzen is building the premier physiological monitoring platform to keep industrial workers safe on the job. Kenzen combines its small wearable device with real-time predictive analysis to prevent injuries due to heat stress, exertion, and fatigue. Kenzen has already deployed its solution on worksites in the construction, field services, power, and renewable energy industries, and is expanding to deployments in transportation, mining, and oil & gas in 2020.
Altana AI provides a shared artificial intelligence model of the global supply chain to help governments, enterprises, and financial institutions to see across borders, manage risk, and improve global commerce.
OpenSC is an impact venture that uses advanced technology to enable more sustainable, ethical and profitable supply chains. Businesses and consumers can use the OpenSC platform to do three things: verify claims about sustainable and ethical production using data science and machine learning; trace products throughout supply chains using IoT and blockchain; and share information with consumers to promote purchasing of more responsible products.
Phylagen is a data analytics company building the world’s largest environmental microbiome database. Every object and place has a naturally-occurring microbial fingerprint, and Phylagen combines the most advanced DNA sequencing technology with the rapidly accelerating capabilities of artificial intelligence to compare these fingerprints and verify the origin of products across global supply chains. Phylagen’s first product is a microbial forensics service that links goods to their site of origin, and its customers include large North American brands and retailers who are currently deploying the company’s solution in manufacturing locations worldwide.
Provenance is the leading software platform for supply chain and impact transparency. They exist to enable citizens to access and trust in business sustainability efforts beyond today’s marketing hype. Their technology supports businesses to make the origin, journey and impact behind products open and to communicate this with integrity to the public.
Enabled by blockchain, mobile and open data, the software gathers and shares verified information in a way that’s secure, trustworthy and accessible. Winner of the “Blockchains for Social Good” Horizon 2020 prize from the European Union Commission, Provenance is bringing the supply chain to the shopper, online and in-store in a meaningful way.
Quizrr offers innovative training solutions to advance corporate responsibility and to build knowledge on rights and responsibilities, safety and health, workplace dialogue, and wage management for workers in global supply chains.
SupplyShift unifies standard supply chain practices and responsible sourcing data by seamlessly gathering and analyzing supplier networks, connecting companies to de-risk and empowering companies to make better decisions for their business, the planet, and people. Its cloud-based platform allows for reliable data management and performance measurement, secure traceability for supply chain transparency, and improved collaboration throughout the entire supply chain.
A software and data analytics platform that allows organizations to engage with workers in real-time to measure and monitor labor-related risks, creating more responsible global supply chains.