Working Capital Fund is an early-stage venture firm investing in technology to build resilient, responsible, and sustainable global supply chains. The firm backs startups that use AI, data, and worker-empowering tools to address labor exploitation and inequity in multinational supply chains.
Deal activity decreased year-over-year (1 deal in the last 12 months vs 3 prior). Average disclosed round size is $12.9M (across 19 rounds with reported amounts).
Portfolio
18
Fund Size
—
Top Stage
Series A
Last 12 Mo
1
Team
EM
Ed Marcum
Managing Partner
DV
Dan Viederman
Partner
EO
Evan Okun
Principal
MP
Molly Parsons McHugh
Investor
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
26 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Twinco Capital | Series B | — | Jan 2026 |
 TwinCo | Series B | — | Jan 2026 |
 Tract | Series A | — | Oct 2025 |
 Glacier | Series A | $16M | Apr 2025 |
 CompScience | Series B | $27.6M | Feb 2025 |
 Tract | Series A | $11.2M | Jan 2025 |
| Tract | Unknown | $11.2M | Nov 2024 |
 Prewave | Series B | — | Jun 2024 |
| Glacier | Series A | $7.7M | Mar 2024 |
| Twinco Capital | Series B | $13M | Jan 2024 |
| TwinCo | Series B | $13M | Jan 2024 |
 Carbonfarm | Seed | — | Oct 2023 |
| Prewave | Series A | $19.4M | May 2023 |
 Minu | Bridge | $30M | Feb 2023 |
| CompScience | Seed | $6M | Aug 2022 |
 Quizrr | Seed | $1.3M | Apr 2018 |
 Virgil Security | Series A | $4M | Oct 2016 |
 Phylagen | Series A | $14M | — |
| WWhyHotel | Series B | $20M | — |
 Elm AI | Unknown | $2M | — |
| SSupplyshift Net | Debt | $10M | — |
 SupplyShift | Series A | — | — |
 RunSafe Security | Series A | $6.3M | — |
 Proof | Seed | $2.3M | — |
| Carbonfarm | Series A | — | — |
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Top Co-Investors
Quona Capital4 shared
FMO4 shared
New Enterprise Associates3 shared
Rabo Investments3 shared
Blackhorn Ventures3 shared
Speedinvest2 shared
Ventech2 shared
KOMPAS VC2 shared
Creandum2 shared
Realty Corporation2 shared
Cox Exponential2 shared
Alumni Ventures2 shared
Overture VC2 shared
Ecosystem Integrity Fund2 shared
Amazon Climate Pledge Fund2 shared
SC Ventures2 shared
Overlap Holdings2 shared
AlleyCorp2 shared
One Small Planet2 shared
Valor Equity Partners2 shared
Last updated: 20 October 2026