Working Capital

Working Capital is a principal investment firm located in the United States, focusing on early-stage ventures. As an investment firm, it seeks to identify and support innovative startups and emerging companies, providing them with the necessary capital and resources to grow and succeed. By targeting early-stage opportunities, Working Capital aims to foster entrepreneurship and drive economic development through strategic investments in promising businesses.

Paarul Dudeja

Managing Director

12 past transactions

Prewave

Series A in 2023
Prewave GmbH researches and develops machine learning technology. The company's solution analyzes social media data with machine learning techniques to predict upcoming risk events in supply chain networks. The company was incorporated in 2017 and is headquartered in Vienna, Austria.

Contingent

Series A in 2022
Contingent is an enterprise platform focused on supplier risk and resilience management. It offers tools and services that enable users to assess, screen, monitor, and analyze risks within their supply chains. The platform is designed to simplify the collection, verification, and monitoring of supply chain risk data, providing clients with comprehensive and current insights into ownership structures and supply chain dynamics. By reducing the administrative burden on procurement teams, Contingent helps organizations comply with regulations, mitigate potential risks, and protect against fraudulent activities.

Provenance

Venture Round in 2022
Provenance is a platform that empowers brands to take steps toward greater transparency. With our technology, businesses make the origin, journey and impact behind products transparent to the millions of shoppers that want to know more. Enabled by blockchain, mobile and open data, our software gathers and shares key product information and stories in a way that’s secure, trustworthy and accessible – bringing the supply chain to the shopper, online and in-store.

Proof of Impact

Seed Round in 2021
Proof of Impact B.V. is a company based in Amsterdam, Netherlands, that operates a blockchain-based platform designed for impact verification and financing. Founded in 2017, it connects donors and investors with verifiable projects that deliver measurable social and environmental benefits, such as child vaccinations, solar energy installations, and ocean cleanup initiatives. The platform serves a diverse clientele, including non-governmental organizations, corporations, non-profit entities, and individual contributors. By utilizing blockchain technology, Proof of Impact ensures that transactions are linked to specific, verifiable impact events, providing transparency and accountability. This enables all stakeholders to witness the tangible positive changes resulting from their financial contributions.

TO THE MARKET

Series A in 2021
TO THE MARKET specializes in the ethical manufacturing and sourcing of apparel, accessories, and home goods. Established in 2016 and based in the United States, the company collaborates with artisan groups and suppliers globally to provide sustainable solutions. Its services encompass design, production, compliance, sourcing, logistics, and reporting, catering to a diverse clientele, including Fortune 500 companies, brands, and retailers. By focusing on transparency, sustainability, and authenticity, TO THE MARKET aims to create products that resonate with a new generation of consumers, while promoting a supply chain that empowers communities and protects the environment.

Honest Jobs Holdings

Seed Round in 2021
Honest Jobs Holdings provides flexible investment funding to local entrepreneurs. It is disrupting the inefficient and exploitative labor migration markets in order to eliminate conditions of forced labor. They 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.

Altana AI

Seed Round in 2020
Altana AI specializes in developing artificial intelligence software solutions focused on enhancing global trade. Founded in 2018 and based in New York, the company leverages comprehensive global economic data to provide visibility across borders and improve risk management for governments, enterprises, and financial institutions. Altana's offerings include AI-based data fusion and decision support tools, centered around the Altana Trade Knowledge Graph. This innovative platform delivers a real-time overview of transactions, ownership, movements, cyber activity, and associated risks within the global trade network. By facilitating better data-driven insights, Altana aims to make trade safer, more efficient, and more profitable for its clients, including regulators, businesses, financial service providers, and logistics companies.

Tech Matters

Seed Round in 2020
Tech Matters is a new nonprofit strategic technology services organization.

OpenSC

Seed Round in 2019
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. OpenSC was co-founded by WWF-Australia (the World Wide Fund for Nature) and BCG Digital Ventures.

Phylagen

Series A in 2019
Phylagen, Inc. is a data analytics company based in San Francisco, California, that focuses on microbiome data solutions. Founded in 2014, the company employs DNA sequencing and machine learning to analyze complex genetic signatures found within the environmental microbiome. By transforming this extensive and largely unexplored dataset into actionable insights, Phylagen aims to support decision-making for businesses across various industries. Through its innovative approach, Phylagen harnesses the potential of microbial data to provide valuable analytics that can enhance operations and strategies for its clients.

Provenance

Venture Round in 2018
Provenance is a platform that empowers brands to take steps toward greater transparency. With our technology, businesses make the origin, journey and impact behind products transparent to the millions of shoppers that want to know more. Enabled by blockchain, mobile and open data, our software gathers and shares key product information and stories in a way that’s secure, trustworthy and accessible – bringing the supply chain to the shopper, online and in-store.

Quizrr AB

Venture Round in 2018
QuizRR AB develops QuizRR, a digital training solutions and web portal. The company uses digital training solutions to educate employees about responsibilities, safety and health, workplace dialogue, and wage management. It allows users to perform trainings at any time and level, measure, and share results. The company was founded in 2013 and is based in Stockholm, Sweden with additional offices in China, Bangladesh, and Hong Kong.