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ScaleGood Fund LP (powered by TELUS)

Impact investor

Toronto · Pre-Seed–Seed · 4 people tracked

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Investment thesis

ScaleGood Fund positions itself as a social impact venture capital fund seeking to bridge traditional VC and impact investing. It invests in companies that promise strong financial returns paired with measurable social impact outcomes. The firm targets impact-driven entrepreneurs whose solutions can drive systemic change and positive community impact while generating healthy returns. Its stated mission is to 'scale good' — maximizing profits while measurably improving communities — and it holds itself accountable to impact targets. The investment process involves reviewing a deck/plan, meeting to discuss fit, offering a term sheet, conducting due diligence, and finalizing legal documents before deploying funds and partnering closely with founders.

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Seed
Check
$18K – $145K
HQ
Toronto, ON, CA
Leads rounds
Follows
Instruments
Equity
Tracked investments
53

Team · 4 people

from the firm's website

What they invest in

from 46 of 53 portfolio companies

Healthtech ×21AI & Machine Learning ×19Digital Health ×15Medical Devices ×10SaaS ×9Consumer ×6Wellness & Fitness ×6Biotech ×4

HQs:Canada×18United States×9South Africa×1

Who they back

founder profiles across 21 portfolio companies
38%
solo founders
8 of 21 mapped founding teams

Founding team size:solo founder×82 founders×63 founders×64+ founders×1

Accelerator rootsportfolio companies that came through a program

Techstars ×2

Investments · 53 tracked

founders shown can be your intro path

By year:2025 · 12023 · 12019 · 13 dated

AquaEye Inc.aquaeye.comin

AquaEye develops a handheld sonar device that uses machine learning to locate drowning victims underwater, indicating distance and direction to speed up searches.

AI & Machine LearningDeep TechHardware

Co-investorsThe 51 VenturesWUTIF Capital

Arbutusarbutusmedical.comin

Vancouver medtech converting power tools into sterile surgical drills and selling sterile-packed orthopedic procedure kits.

Co-investorsSorenson Impact FoundationWUTIF Capital

Areto Labsaretolabs.comin

Areto Labs offers a responsible AI platform that combines human judgment with AI to detect and filter harmful online content such as hate speech and technology-facilitated gender-based violence, helping global brands and public figures build safer digital communities.

AI & Machine LearningCybersecuritySaaS

Lana(Co-founder)Kasey(Co-founder)Jacqueline Comer(Co-founder)

Co-investorsCreative Destruction Lab (CDL)Edmonton UnlimitedStartup TNTThe 51 VenturesUCeed FundsUCeed+1 more

Blairhelloblair.com

Blair builds AI agents that handle patient conversations and administrative tasks such as calls and appointment scheduling for healthcare practices.

AI & Machine LearningDigital HealthHealthtechSaaS

Co-investorsWaterloo Accelerator Centre

Blumeitsblume.comin

Blume is a consumer food and beverage brand whose products include SuperBelly, a gut-health drink mix containing Bacillus coagulans probiotics.

ConsumerDirect to ConsumerWellness & Fitness

Co-investorsBackbone AngelsThe 51 Ventures

Bodebode.cain

Bōde offers a self-serve platform for home sellers to list and price their own homes without a real estate agent, using tools such as market data, sold transaction history, and self-selected comparables.

MarketplacesPropTechSaaS

Co-investorsThin Air Labs

BriBooksbribooks.comin𝕏

BriBooks is a book-writing and self-publishing platform for children that guides young writers through creating and publishing their own books, with an AI assistant called BriBoo.

AI & Machine LearningConsumerCreator EconomyEdTech

CALMWAVEcalmwave.ai

CalmWave integrates hospital data — alarms, vital signs, medications, and EHR records — into a unified real-time platform that uses data science and AI to deliver operational insights and reduce non-actionable alarms.

AI & Machine LearningDigital HealthHealthtech

Ophir Ronen 🚀(Founder)in

Co-investorsAllen Institute for AI (AI2) IncubatorAllen Institute for Artificial Intelligence Incubator (AI2)Bonfire VenturesCreative Destruction Lab (CDL)SeaChangeTau Ventures+2 more

Cariboucaribou.care

Caribou provides an employee referral and recruitment tool for care communities, letting caregivers share job openings with qualified candidates and rewarding both effort and results.

AI & Machine LearningFuture of WorkHealthtechHR TechSaaS

Christian Alaimo 🦌(Founder)inAlex Oosterveen(Founder)in

Co-investorsMantella Venture PartnersWhitecap Venture PartnersGoldman Sachs

Clinifymyclinify.comin𝕏

Clinify is an AI-powered claims processing platform for health insurance in Africa that automates end-to-end claims handling, fraud detection, and payouts using agentic AI agents.

AI & Machine LearningHealthtechInsurTech

Co-investorsThin Air Labs

Cohesys Inc. Websitecohesys.ca

Cohesys is a medical device company developing BoneTape, a resorbable material solution for fracture repair designed to replace traditional invasive surgical plates and screws in orthopedic treatment.

Medical DevicesToronto, CA

Michael Floros(Founder)inAlexander Lausch, PhD(Founder)in

Co-investorsWaterloo Accelerator Centre

Cosmcosm.carein

Cosm develops urodynamics medical devices and technology for diagnostic testing.

Digital HealthFemTechHealthtechMedical Devices

Alvira Macanovic(Head of Operations)inGoli Ameri(Head of Research)inAnne-Marie Milcent(Head of Product)in

Co-investorsFusion

CourtScribescourtscribes.com

Portola Valley, US

Michael Breyer(Executive Officer, Director)

Difinitydifinity.cain𝕏

Difinity develops medical devices and technologies focused on emergency medication delivery and needle safety.

HealthtechMedical DevicesVancouver, CA

David Kim(CEO)inDamien Tak(CTO)Larry Murphy(Chief Regulatory Officer)in

Co-investorsStartup TNTUCeed Funds

downloadearthware.me

Co-investorsForesight

Drugbankdrugbank.com

Co-investorsBrightspark VenturesBoxOne Ventures

Endor Healthendorhealth.comin𝕏

Endor Health is building a modern, automated platform to help people living with diabetes access care and supplies.

Digital HealthHealthtechSurrey, CA

Eli Moore(Co-founder & CEO)Reza(Co-founder)Rezaul Hoque(Founder)

Co-investorsAmplify Capital

Fibrafibrainc.ca

Fibra is developing a fertility and reproductive-health product aimed at helping women track conception, presented as an alternative to urine test strips.

Digital HealthFemTechHealthtech

Co-investorsDMZ Ventures

Flourafloura.comin

Floura makes fruit-flavored fiber bars containing 15 grams of diverse fiber from 12 whole plants to support gut health and the microbiome.

ConsumerFoodTechWellness & Fitness

Jeni Britton(Founder)

Fly and Fetchflyandfetch.com

Co-investorsEdmonton UnlimitedStartup TNT

G2V Opticsg2voptics.comin𝕏

G2V builds tunable LED-based solar simulators used by researchers and engineers working in solar power, aerospace, and materials science to reproduce accurate sunlight for testing.

CleantechDeep TechEnergyHardwareEdmonton, CA

Michael Taschuk(CTO & Founder)Ryan Tucker(CEO)

Genairxgenairx.aiin

GenAIRx develops AI technology to accelerate the discovery and development of specialty medicines.

AI & Machine LearningBiotech

Gotcaregotcare.cain

Gotcare provides in-home care for people managing chronic health conditions and rehabilitation, matching clients with nearby home care workers based on proximity, language, cultural background, and medical needs.

AI & Machine LearningDigital HealthHealthtech

Chenny Xia(Co-founder, CEO)Carol MacDonald(Co-founder, President)Rod MacDonald(Co-founder, COO)

BoardWalt Macnee(Chairman)

HealthKindhealthkind.ca

Healthkind provides an AI-powered platform that automates patient communication and administrative workflows for healthcare clinics.

AI & Machine LearningDigital HealthHealthtechCanada, CA

HelpSeeker Technologieshelpseeker.org

HelpSeeker provides case management software, a social services search engine, and a data analytics platform for organizations addressing social challenges such as homelessness and addictions in Canada and the U.S.

GovTechSaaSSocial

Hibiscus Healthhibiscushealth.comin

Hibiscus Health detects metabolic disease risk through a 30-second AI-powered facial scan that measures blood pressure, cholesterol, diabetes risk, and other biomarkers without blood tests.

AI & Machine LearningDigital HealthHealthtech

Kavi Misri(Founder and CEO)

Joe and Bellajoeandbella.com

Joe & Bella is an adaptive apparel brand that designs clothing with features like hidden magnetic closures, side zippers, and stretch fabrics to make dressing easier.

Direct to ConsumerE-commerceWellness & Fitness

Co-investorsChicago Early Growth Ventures (CEGV)IrishAngelsIU VenturesSandalphon CapitalThird Act Ventures

Knead Techkneadtech.comin𝕏

Knead Tech provides an all-in-one platform designed to connect food waste sources with food rescue and reuse organizations.

FoodTechImpact & Social GoodLogistics & Supply ChainSaaS

Littlebirdlittlebird.carein

Littlebird makes a wearable device for children, featuring a soft silicone band with no screens, that lets parents and caregivers stay connected and aware of their child's safety through encrypted signals and quiet notifications.

ConsumerHardwareIoTWellness & FitnessSeattle, US

Co-investorsSwizzle Ventures

Managing Lifemanaginglife.comin𝕏

ManagingLife develops a digital pain management platform that helps patients and healthcare professionals measure and track pain and medications.

Digital HealthHealthtechWellness & FitnessToronto, CA

Co-investorsHealthtech Capital

NanoSticsnanosticsdx.comin

Nanostics is a precision health company developing non-invasive diagnostic tests and medical devices that use machine learning to detect and assess aggressive cancers such as prostate cancer, aiming to improve diagnosis and healthcare decisions.

AI & Machine LearningBiotechDigital HealthHealthtechMedical DevicesEdmonton, CA

Dr. John Lewis(CEO of Nanostics)John D. Lewis(Founder, Board Chair & CEO)inRobert Paproski(Co-founder & Chief Technology Officer)inEric Hyndman(Medical Officer)Catalina Vasquez(Chief Operating Officer)Desmond Pink(Chief Scientific Officer)

Co-investorsStartup TNT

Nia Healthniahealth.coin𝕏

NiaHealth offers precision longevity health assessments for Canadians, measuring biomarkers and providing personalized health plans delivered by licensed Nurse Practitioners.

Digital HealthHealthtechLongevityWellness & Fitness

Co-investorsEdmonton UnlimitedThe 51 Ventures

Nucleosnucleos.com

iT1 Nucleos provides AchieveDXP, a digital experience platform for secure, high-accountability learning, alongside hardware, services, and managed deployments serving government agencies, schools, colleges, and workforce partners.

EdTechEnterprise SoftwareGovTechSaaSTempe, US

Bryan Clifton(Co-founder, iT1)Guy Steinbrink(Co-founder, iT1)

OK2StandUPok2standup.comSep 2023

OK2StandUP develops smart activity monitoring systems with AI-based alerts for healthcare organizations to prevent falls and support caregiver awareness in patient care settings.

AI & Machine LearningHealthtechMedical DevicesPittsburgh, US

Eunice Yang, PhD(Founder and CEO)Eunice E. Yang(Executive Officer, Director)

Co-investorsLife Sciences Greenhouse InvestmentsBeta Boom

OtoSet (Safkan Health)otoset.com𝕏

All Ears operates ear care studios where nurses use the FDA-cleared OtoSet device to remove earwax through irrigation and micro-suction and provide baseline hearing checks.

ConsumerHealthtechMedical Devices

Co-investorsRiptide Ventures

Out of the Box Educationootb.educationin𝕏

Out of the Box provides personalized learning resources and curriculum materials for children, including classroom tools, learning roadmaps, and digital content designed for different learning modalities.

EdTechCambridge, US

Co-investorsDorm RoomTechstars

Peat / Afterlifeafterlifeag.com

Afterlife Ag collects food scraps from restaurants and food establishments and upcycles them to cultivate over 20 species of fresh, locally grown mushrooms.

AgTechCircular EconomyFoodTech

Co-investorsClear Current CapitalMetaPropMetaProp Ventures

Pempempempem.ioin𝕏May 2025

Montreal

Joann F. de Zegher(Executive Officer, Director)Dharsono Hartono(Director)Andrew James Waitman(Director)

Co-investorsDiagramPanache VenturesBoxOne Ventures

Portal Biotechnologiesportal.bioin𝕏

Biotech

Co-investorsUndeterred Capital

Predictably Human, Inc.predictablyhuman.comin

Predictably Human is developing NoMore, an adaptive drug delivery device paired with a personalized digital companion, aimed at patients with mental health conditions, addiction, and other complex disorders.

BiotechDigital HealthHealthtechMedical DevicesMental HealthDarien, US

Robert (Bob) Jacobs(CEO, Co-Founder and Director)Bob Geiman(Co-Founder and Chairman)Carl Marci(Co-Founder and Chief Medical Officer)James Davis(Co-Founder and Chief Clinical Development Officer)Joseph Pastore(Executive Officer)William Lawlor(Executive Officer, Director)

Co-investorsConnecticut Innovations

PulseMedicapulsemedica.comin𝕏

PulseMedica develops femtosecond laser technology for imaging and treating vitreoretinal eye conditions, building medical devices aimed at improving care for patients with retinal diseases.

Deep TechDigital HealthHealthtechMedical Devices

Nir Katchinskiy(CEO & Co-founder)inEric Martin(COO & Co-Founder)inAbdulhakem Elezzabi(Co-founder)Thas Yuwaraj(CTO)in

Co-investorsAccelerate FundEdmonton UnlimitedSaltagen VenturesStartup TNTUCeed Funds

RallyReaderrallyreader.comin𝕏

Rally Reader is a digital reading platform with a built-in reading coach that provides real-time feedback, personalized literacy coaching, performance-based rewards, and a library of books to help young students improve reading fluency, vocabulary, and accuracy.

AI & Machine LearningConsumerEdTechSaaS

Andrea(Founder)

Co-investorsAmplify Capital

Requity Homesrequityhomes.comin

Requity Homes operates a rent-to-own program that lets Canadians who cannot yet qualify for a mortgage live in a home while accumulating savings toward its purchase.

FintechPropTech

ResVRresvr.comin

Resvr builds software tools for the homebuilding industry, designed around how homes are actually sold and how buyers make decisions.

Construction TechPropTechSaaS

Nathan Nasseri(Founder + CEO)

Co-investorsStartup TNT

Retina Logikretinalogik.comin

RetinaLogik makes the RVF200, a portable visual field testing headset that runs core eye exams including visual field, color vision, and acuity for use in ophthalmology and optometry clinics.

AI & Machine LearningDigital HealthMedical Devices

Dr. Sarhan(Founder)

Co-investorsAllied Venture PartnersFront Row VenturesHaloHealthUCeed Funds

Rya Healthryahealth.ai
Smart Agri Labssmartagrilabs.com

Smart Agri Labs operates a data platform that gives farmers personalized, machine-learning-driven recommendations on the best seed products for their farm, factoring in weather, soil impact, and management practices.

AgTechAI & Machine LearningFoodTech

Sympaticsympatic.cominJun 2019

CybersecurityData & InfrastructureFintechChicago, US

Piers Nash(Executive Officer, Director)

Co-investorsTechstars

Toi Labstoilabs.comin

Toi Labs manufactures an AI-enabled toilet seat system that monitors and reports on waste patterns and health indicators for senior living communities and consumers.

AI & Machine LearningHardwareHealthtech

Vik Kashyap(Founder)in

Co-investorsPortfolia3Lines Venture Capital

Ultimariiultimarii.comin

Ultimarii develops AI-powered solutions tailored for regulated industries including energy, utilities, and mining, helping professionals accelerate workflows and reduce regulatory friction.

AI & Machine LearningEnterprise SoftwareGovTechLegalTech

Doug Schweitzer(Co-Founder)inJosh Malate(Co-Founder)in

Co-investorsAlpaca VCCorigin VenturesStaircase VenturesThin Air Labs

Upside Roboticsupsiderobotics.comin𝕏

Upside Robotics builds compact, autonomous, solar-powered field robots that apply fertilizer to corn crops on a per-plant basis, using onboard sensors and AI to adjust nutrient timing and dosing in real time.

AgTechAI & Machine LearningRoboticsOntario, CA

Jana Tian(CEO)inSam Dugan(CTO)in

Co-investorsEntrepreneur FirstGarage CapitalMoxxie Ventures

UVXuvxinc.comin

Zener manufactures a ceiling-mounted far-UV disinfection device for operating rooms designed to reduce surgical site infections by increasing air changes and eliminating airborne bacteria during surgery.

Deep TechHealthtechMedical Devices

Co-investorsFront Row Ventures

Zamplozamplo.orgin𝕏

Zamplo operates a health data platform that lets patients own and track their health information, and through Zamplo Research connects researchers to patients and caregivers to collect real-world, patient-reported outcome measures (PROMs) data for remote monitoring in research studies.

Data & InfrastructureDigital HealthHealthtechMontreal, CA

Mike Urquhart(Co-Founder & Chief Executive Officer)Cory Kapser(Co-Founder, Fractional Chief Technology Officer, Board Advisor)Shaneel Pathak(Co-Founder, Board Advisor)

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has ScaleGood Fund LP (powered by TELUS) made?
ScaleGood Fund LP (powered by TELUS) has 53 tracked investments, including 1 dated in the last 24 months.
What stage does ScaleGood Fund LP (powered by TELUS) invest at?
ScaleGood Fund LP (powered by TELUS) invests at the Pre-Seed, Seed stages.
What is ScaleGood Fund LP (powered by TELUS)'s typical check size?
ScaleGood Fund LP (powered by TELUS) typically writes checks of $18K – $145K.
What sectors does ScaleGood Fund LP (powered by TELUS) focus on?
ScaleGood Fund LP (powered by TELUS) focuses on AgTech, Digital Health, EdTech, Healthtech, Impact & Social Good, PropTech, Sector Agnostic.
Where is ScaleGood Fund LP (powered by TELUS) located?
ScaleGood Fund LP (powered by TELUS) is headquartered in Toronto, CA.
Does ScaleGood Fund LP (powered by TELUS) lead rounds?
ScaleGood Fund LP (powered by TELUS) typically participates in rounds rather than leading them.
Who does ScaleGood Fund LP (powered by TELUS) co-invest with?
ScaleGood Fund LP (powered by TELUS) most often shares deals with Startup TNT, Edmonton Unlimited, The 51 Ventures, among 53 tracked co-investors.

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