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Friends Provident Foundation invests in WorkerTech fund to back start-ups supporting better work

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Date: 15/09/2025

The WorkerTech fund, launched today by Resolution Ventures, aims to improve workers’ lives in sectors experiencing low pay and insecure employment. We’re delighted to be part of the initial £6.75 million in funding. 

 

As new technologies continue to change how companies manage their workforce, workers face more disruption and displacement than ever. The WorkerTech fund will fund and scale startups that are using technology to help workers benefit from this transition – through improving pay, addressing power imbalances, making skills training accessible and providing pathways to progression and better prospects. 

 

The fund will build on the success of Resolution Ventures’ £1.5 million WorkerTech Partnership, which has made 21 investments in 15 companies, reaching over two million workers and creating a positive impact at work for over 350,000.

 

“We’re proud to continue supporting the WorkerTech Partnership through our investment in the WorkerTech Fund,” said James Anthony, our Social Investment Portfolio Manager. “Good pay and secure employment are cornerstones of a fair economy. We look forward to seeing how the fund drives innovation that uses technology to improve the lives of workers.” 

 

Other investors in the new fund, which has a total target of £9 million are: The Resolution Foundation, Resolution Trust, Better Society Capital, Joseph Rowntree Foundation, Ufi VocTech Trust, Fusion21 Foundation, This Day Foundation, Shaw Trust and Lightbulb Trust. Support was provided by lawyers Morgan Lewis and Bockius, and by fund managers Kin Fund Services. 

 

Ruth Curtice, Chief Executive of the Resolution Foundation, said: “The Resolution Foundation has always sought to understand the UK labour market, and make proposals for how to improve jobs, pay and conditions. While policy makers can make a difference, so too can individuals and companies. Resolution Ventures has a great record of backing pioneering start-ups that have made a positive change for hundreds of thousands of workers. This new fund means we can have an even bigger impact.”

 

Find out more from the Resolution Foundation.