Working Capital

Founded in 2016 and headquartered in Redwood City, California, Working Capital is a principal investment firm focused on investing in scalable innovations within the technology sector.

Paarul Dudeja

Managing Director

Edmund Marcum

Managing Partner

Ed Marcum

Managing Director

Evan Okun

Principal

Dan Viederman

Managing Partner

Past deals in Supply Chain Management

Elm AI (Formerly Esger)

Seed Round in 2025
Elm AI's patent-pending software helps companies assess the environmental and social impact of their supply chains

Prewave

Series B in 2024
Prewave GmbH is a technology company based in Vienna, Austria, founded in 2017. It specializes in developing a data analytics platform that utilizes machine learning to predict risks in supply chain networks. By analyzing social media data, Prewave's solution monitors and communicates potential supply chain anomalies, allowing businesses to anticipate upcoming risk events and address sustainability challenges. The company's innovative approach enables organizations to enhance their logistics management and mitigate disruptions through timely and informed decision-making.

Prewave

Series A in 2023
Prewave GmbH is a technology company based in Vienna, Austria, founded in 2017. It specializes in developing a data analytics platform that utilizes machine learning to predict risks in supply chain networks. By analyzing social media data, Prewave's solution monitors and communicates potential supply chain anomalies, allowing businesses to anticipate upcoming risk events and address sustainability challenges. The company's innovative approach enables organizations to enhance their logistics management and mitigate disruptions through timely and informed decision-making.

Twinco Capital

Series C in 2023
Twinco Capital is a financial services company based in Alcobendas, Spain, that specializes in providing innovative financing solutions for the supply chain industry. Founded in 2016, Twinco offers a comprehensive supply chain finance platform that addresses the full production cycle, from purchase orders to final invoice payments. The company connects suppliers, both large and small, with affordable funding options while also assisting buyers in establishing competitive and socially responsible supply chains. By leveraging advanced supply chain analytics and embedding environmental, social, and governance (ESG) metrics into its financing programs, Twinco aims to create a more equitable landscape for small and medium-sized enterprises in global trade. Through its unique approach, Twinco is committed to fostering inclusive growth and enhancing the sustainability of global supply chain practices.

Prewave

Series A in 2022
Prewave GmbH is a technology company based in Vienna, Austria, founded in 2017. It specializes in developing a data analytics platform that utilizes machine learning to predict risks in supply chain networks. By analyzing social media data, Prewave's solution monitors and communicates potential supply chain anomalies, allowing businesses to anticipate upcoming risk events and address sustainability challenges. The company's innovative approach enables organizations to enhance their logistics management and mitigate disruptions through timely and informed decision-making.

Contingent

Series A in 2022
Contingent is a company focused on transforming the procurement process by reducing friction and enhancing resilience within organizations. Its platform offers a supplier insight and third-party risk management solution that simplifies the collection, verification, and monitoring of supply chain risk data. By integrating seamlessly into existing procurement workflows and technology ecosystems, Contingent's tool provides real-time insights and detailed analyses of supply chains and ownership structures. This enables procurement teams to make informed decisions, comply with regulations, and mitigate risks associated with fraud and exposure. Overall, Contingent empowers companies to operate more efficiently and strengthen their procurement strategies.

TO THE MARKET

Series A in 2021
TO THE MARKET is a U.S.-based company founded in 2016 that specializes in the manufacturing and sourcing of ethical and sustainable apparel, accessories, and home goods. The company focuses on providing solutions that ensure transparency and responsibility within the supply chain. It serves artisan groups and suppliers globally, offering services that include design, production, compliance, sourcing, logistics, and reporting. TO THE MARKET employs a proprietary software platform that evaluates and monitors suppliers, allowing clients to access quantifiable data for responsible vendor compliance and management. This platform supports retailers in their sustainability initiatives by delivering automated reporting and procurement workflows, thus addressing the growing demand for operational transparency in the industry.

Altana Technologies

Seed Round in 2020
Altana Technologies is a company that specializes in transforming both public and non-public data into an intelligent, interconnected map of the global supply chain. By utilizing its platform, Altana Atlas, the company enables enterprises, governments, and logistics providers to connect and collaborate, fostering trust and transparency across business networks. The platform offers comprehensive trade data management services by integrating internal and external data, providing clean data sets, and delivering real-time insights related to transactions, ownership, movements, and risks in the global trade network. Through advanced machine learning techniques, Altana Technologies equips organizations across various sectors with the tools to enhance the safety, efficiency, and profitability of trade, contributing to a more resilient, secure, and sustainable approach to globalization.

OpenSC

Seed Round in 2019
OpenSC is an impact venture offering a supply chain traceability and transparency platform to promote sustainable and ethical production. The platform enables businesses and consumers to verify sustainability and ethical claims using data science and machine learning, trace products across supply chains with IoT and blockchain, and share information with consumers to encourage purchases of more responsible products. OpenSC supports responsible sourcing decisions by highlighting producers that respect human rights and environmental standards. The company was co-founded by WWF-Australia and BCG Digital Ventures, aligning business value with social and environmental impact.

SupplyShift

Series A in 2018
SupplyShift Inc. is a provider of a SaaS-based platform focused on supply chain management, founded in 2012 and headquartered in Santa Cruz, California. The platform is designed to help businesses build and execute strategic supply chain programs that enhance transparency, responsibility, and resilience. SupplyShift offers a comprehensive suite of tools that includes smart assessments, dashboards, analytical tools, benchmarking, and supplier improvement features, allowing clients to engage suppliers at all tiers effectively. The platform serves various industries, including high tech and electronics, food and beverage, retail, and apparel, facilitating collaboration and data exchange among tens of thousands of companies across 133 countries. By transforming supplier data into actionable insights, SupplyShift aims to improve risk resilience and promote sustainable business practices within supply chains.
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