We improve working conditions for marginalized workers by applying emerging technology to global supply chains.
Some of our portfolio companies engage directly with workers in specific workplaces. Others help procurement executives assess entire supply chains and identify suppliers that empower rather than exploit.
We believe that reimagining the supply chain requires a holistic approach, and our investment portfolio reflects a diverse understanding of what equitable and responsible supply chains should look like. Due to the nuance of this approach, impact is measured by varying metrics, as appropriate for each portfolio company.
We invest in startups that can deliver three things:
Impact against our theory of change
Sustained business growth
We have seen increasing evidence that our Fund investments are creating impact by:
Reaching over 1M workers in 2022 with information that helps them create safer and fairer conditions;
Helping hundreds of multinationals avoid import bans or penalties due to the presence of forced labor or child labor in their operations or supply chains, by applying artificial intelligence to millions of data points about global trade to make supply chains more transparent;
Finding ways to make supply chain responsibility profitable, by offering lower cost financing to suppliers that outperform on social and environmental metrics; reducing the cost of workers’ compensation insurance as a result of innovative computer vision safety practices; and engaging consumers with fact-checked claims that motivate purchases;
Reducing the cost of labor migration, and thus reducing the risk of forced labor, by investing in recruitment agencies that commit to charging employers rather than workers for their services.