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Key people at Working Lab Capital.
Working Lab Capital was founded in 2015 by Richard Nespola, Jr. (Founder, Partner).
Working Lab Capital operates as a family holding company and incubator, providing flexible, bespoke capital to partner companies, funds, and management teams. It builds and launches its own investment strategies and platforms, employing a framework of "pattern recognition driving optimized outcomes" to unlock long-term value across its engagements.
Working Lab Capital was co-founded in 2015 by Michael Pesce and Richard Nespola, Jr., the latter serving as a Founder and Partner. The firm emerged from an insight into the need for a nimble investment and incubation model that could strategically deploy capital and expertise to various ventures, leveraging a founder's background in finance and investment.
The company collaborates with a broad network, including single-family offices, registered investment advisors, ultra-high-net-worth individuals, and multi-family offices, leveraging these relationships for enhanced deal flow and investment capacity. Working Lab Capital aims to create enduring value through innovation, alignment, and disciplined growth, focusing on seizing unique generational opportunities within its investment and building initiatives.
Working Lab Capital was founded in 2015 by Richard Nespola, Jr. (Founder, Partner).
Key people at Working Lab Capital.
Working Lab Capital has 4 tracked investments across 3 companies. The latest tracked deal is $5.0M Series A in Filament AI in June 2025.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jun 1, 2025 | Filament AI | $5.0M Series A | Duncan Davidson | FINTOP Capital, Crosslink Capital, Ryan Selkis, Haystack, Patrick Chang, Techstars, ED Ruth |
| Dec 1, 2019 | Placemakr | $22.0M Series B | TOM Roberts | Camber Creek, Highland Capital Partners, Mark Nunnelly, Geolo Capital, Revolution |
| Jun 1, 2018 | Placemakr | $4.0M Seed | Camber Creek | Highland Capital Partners, Mitchell Schear, Mendacre, MetaProp, Revolution, Vornado/Charles E. Smith |
| Oct 1, 2016 | Virgil Security | $4.0M Series A | Jeff Citron | Bloomberg Beta, Thomas Wisniewski, Matt Grimm, RAY Rothrock, BLU Ventures, Charge Ventures, NextGen Venture Partners, Sparkland Capital |