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 websiteWhat they invest in
from 46 of 53 portfolio companiesHealthtech ×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 companiesFounding team size:solo founder×82 founders×63 founders×64+ founders×1
Accelerator rootsportfolio companies that came through a program
Investments · 53 tracked
founders shown can be your intro pathBy year:2025 · 12023 · 12019 · 13 dated
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
Vancouver medtech converting power tools into sterile surgical drills and selling sterile-packed orthopedic procedure kits.
Co-investorsSorenson Impact FoundationWUTIF Capital
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
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
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
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
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
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
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 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
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
Co-investorsForesight
Co-investorsBrightspark VenturesBoxOne Ventures
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
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
Co-investorsEdmonton UnlimitedStartup TNT
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)
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)
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)
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 Tech provides an all-in-one platform designed to connect food waste sources with food rescue and reuse organizations.
FoodTechImpact & Social GoodLogistics & Supply ChainSaaS
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
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
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
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
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)
Co-investorsLife Sciences Greenhouse InvestmentsBeta Boom
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 provides personalized learning resources and curriculum materials for children, including classroom tools, learning roadmaps, and digital content designed for different learning modalities.
EdTechCambridge, US
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
Montreal
Joann F. de Zegher(Executive Officer, Director)Dharsono Hartono(Director)Andrew James Waitman(Director)
Co-investorsDiagramPanache VenturesBoxOne Ventures
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
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
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 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
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
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
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
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
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 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
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
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 companiesUpside Robotics · businessinsider.com · Aug 17, 2026
CourtScribes · castleplacement.com · Jul 7, 2026
Cosm · deadline.com · Jun 24, 2026
Ultimarii · calgaryeconomicdevelopment.com · Sep 17, 2025
Knead Tech · calgary.tech · Mar 11, 2025
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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