ScaleGood Fund LP (powered by TELUS)
Impact investorToronto · Pre-Seed–Seed · 4 people tracked
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.
Team · 4 people
from the firm's website
What they invest in
from 32 of 53 portfolio companiesHealthtech ×16AI & Machine Learning ×15Digital Health ×11Medical Devices ×7SaaS ×7EdTech ×4Biotech ×3Consumer ×3
HQs:Canada×15United States×8South Africa×1
Investments · 53 tracked
founders shown can be your intro pathBy year:2025 · 12023 · 12019 · 13 dated
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)
Blair builds AI agents that handle patient conversations and administrative tasks such as calls and appointment scheduling for healthcare practices.
AI & Machine LearningDigital HealthHealthtechSaaS
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
Endor Health is building a modern, automated platform to help people living with diabetes access care and supplies.
Digital HealthHealthtech
Eli Moore(Co-founder & CEO)Reza(Co-founder)
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)
GenAIRx develops AI technology to accelerate the discovery and development of specialty medicines.
AI & Machine LearningBiotech
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)Walt Macnee(Chairman)
Healthkind provides an AI-powered platform that automates patient communication and administrative workflows for healthcare clinics.
AI & Machine LearningDigital HealthHealthtechCanada, CA
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 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)
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
ManagingLife develops a digital pain management platform that helps patients and healthcare professionals measure and track pain and medications.
Digital HealthHealthtechWellness & FitnessToronto, CA
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)Robert Paproski(Co-founder & Chief Technology Officer)Eric Hyndman(Medical Officer)Catalina Vasquez(Chief Operating Officer)Desmond Pink(Chief Scientific Officer)
NiaHealth offers precision longevity health assessments for Canadians, measuring biomarkers and providing personalized health plans delivered by licensed Nurse Practitioners.
Digital HealthHealthtechLongevityWellness & Fitness
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)
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)
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
Montreal
Joann F. de Zegher(Executive Officer, Director)Dharsono Hartono(Director)Andrew James Waitman(Director)
NoMore develops an individualized and adaptive drug delivery device with an integrated digital companion for patients with mental health, addiction, and complex disorders.
AI & Machine LearningBiotechDigital HealthHealthtechMedical DevicesDarien, US
Joseph Pastore(Executive Officer)William Lawlor(Executive Officer, Director)James McConeghy(Executive Officer)
BoardRobert Geiman(Director)Robert Jacobs(Director)
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)Eric Martin(COO & Co-Founder)Abdulhakem Elezzabi(Co-founder)Thas Yuwaraj(CTO)
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)
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
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
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 companiesUltimarii · calgaryeconomicdevelopment.com · Sep 17, 2025
Frequently asked questions
- 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.
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