Working Capital is a California-based financial firm that focuses on investing in scalable innovations aimed at creating more transparent and ethical supply chains. The firm typically invests in seed and Series A rounds, supporting companies that address the urgent need to protect vulnerable workers and promote responsible sourcing practices.
Notable portfolio companies include Altana, Phylagen, Tech Matters, and Ulula, which have collectively raised millions in funding. Working Capital's investment philosophy centers on supply chain intervention and corporate transparency. They offer unique value-add services such as philanthropic sidecar initiatives and a theory of change approach to drive impactful social outcomes.
Working Capital - Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages
Portfolio Companies4
Current Portfolio Count3
Top Investment Stages
Seed3 (75.0%)
Series A1 (25.0%)
Stage Mix
Seed 75%Series A 25%
Concentration shown as share of disclosed investments by stage.