The Venture Codex Logo

The Venture Codex

Illumen Capital

2323 Broadway, Oakland, CA, 94612, United States

Overview

Illumen Capital is an impact investment firm dedicated to reducing racial and gender bias in investing. By integrating diversity, equity, and inclusion strategies, the firm seeks to improve financial performance while fostering a more equitable investment landscape.

Total investments
1
Lead investments
0
Investments · 12mo
0
Active investors
2

Sector focus

  • Asset Management
  • Finance
  • Funding Platform
Visit website

Investment portfolio

  • WorkWhile

    Participated · Series B · Jun 2025

    WorkWhile is an AI-powered staffing platform that matches businesses with vetted, reliable hourly workers across industries such as logistics, event services, food production, and hospitality. The company uses machine learning to enhance worker productivity, satisfaction, and financial health and to enable scalable staffing based on demand and seasonality. It matches roles like warehouse associates, delivery drivers, and cooks and provides comprehensive staffing services including scheduling, payroll, and performance analytics. Based in San Francisco, WorkWhile raised $23.0M in a Series B in June 2025. The company will use the funds to accelerate growth, support new hires and double its headcount while expanding its AI-driven platform that connects businesses with reliable hourly workers. WorkWhile is an hourly-work marketplace that connects workers to open shifts and offers benefits including next-day pay, telehealth services, and pay transparency. Founded in 2019 by Jarah Euston and Amol Jain and based in the San Francisco Bay Area, the company is live in 13 markets including Los Angeles, Atlanta, Miami, Northern New Jersey, Seattle, Houston and the NYC metro. The platform does not charge workers; it generates revenue by charging employers a percentage fee based on the rate paid to the worker. WorkWhile emphasizes schedule predictability and worker stability, using onboarding orientations and a behavioral test to build profiles and signal reliability. Operational metrics cited include a 5% no-show rate, 76% accuracy predicting shift attendance, 80% of users seeking more than 30 hours per week (60% seek 40+ hours), and about 28% of users owning crypto; the company says 80% of optional survey respondents identify as POC. Future product ideas include prioritizing higher-rated workers for new shifts and adding supports such as carpool options for workers predicted to have trouble reaching job sites. WorkWhile operates a marketplace that lets employers post open shifts and hourly workers claim the hours they want, aiming to reduce turnover and absenteeism. The platform screens applicants via one-on-one interviews, background checks and cognitive-science-based tests to identify reliable workers. Employers pay a service fee while the platform is free for workers. The company plans to provide worker benefits, beginning with sick-leave credits earned when employees work and next-day debit‑card payments. WorkWhile has launched in the San Francisco Bay Area, Los Angeles, Orange County and Dallas–Fort Worth and counts customers such as Cheetah, Thistle and Ansel & Ivy. The startup has raised seed funding to support growth and operations.

Team

  • Daryn Dodson

    Managing Partner and Founder

    LinkedIn
  • Lisa (Scheible) Willems

    Investment Committee Member

    LinkedIn