Description:Working Capital Fund is an early-stage venture fund dedicated to investing in innovative solutions that address inequity and economic injustice faced by marginalized workers through the transformation of supply chains. Established in 2017, the fund operates under a distinct mission and a well-defined thesis focused on facilitating systemic improvements in labor rights.
At the core of Working Capital Fund's strategy is the identification of opportunities that accelerate the development and deployment of market-based solutions. These solutions are designed to meet the increasing corporate demand for responsible sourcing and the protection of vulnerable workers. The fund actively invests in early-stage innovations that catalyze market changes, leading to significant improvements in worker outcomes by enhancing supply chain accountability and visibility.
By enabling businesses to implement operational changes effectively and on a large scale, Working Capital Fund aspires to create an environment where supply chains are equitable and beneficial for all stakeholders involved. Initially incubated by Humanity United, Working Capital Fund was founded by The Omidyar Group, which comprises a diverse array of independent organizations and initiatives dedicated to driving positive change. For further details about their mission and operations, interested parties are encouraged to visit their website at www.workingcapitalfund.com.