Private Equity

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ScaleGood

Scale Good Fund is a Social Impact Venture Capital VC fund that invests in companies who have the promise of a strong financial return coupled with measurable...

ScaleGood logo

ScaleGood

Scale Good Fund is a Social Impact Venture Capital VC fund that invests in companies who have the promise of a strong financial return coupled with measurable social impact goals.

General information

Firm type

Private Equity

Year founded

2022

AUM

Undisclosed

Location

Region

North America

Country

Canada

City

Edmonton

Corporate office

Edmonton, Canada

Principals

Ashif Mawji

Managing Partner

Blaine Labonte

Venture Partner

Dr. Jehangir Appoo

Venture Partner

Sameer Dhar

Venture Partner

Sector focus

Digital HealthHealthcare ServicesAgriTech & FoodTechEducationFinTechPropTechMedical DevicesClimateTechLegal TechRobotics & Automation

Frequently asked questions

Who runs investment decisions at ScaleGood?

Managing Partner Ashif Mawji leads the investment process. The firm lists three additional Venture Partners — Blaine Labonte, Dr. Jehangir Appoo, and Sameer Dhar — who contribute deal evaluation and portfolio support. No investment committee structure is publicly disclosed.

How does ScaleGood source proprietary deal flow?

ScaleGood requires all potential investments to route through its ScaleupMap platform, an AI-driven tool that scores business plans and generates an investment memo before partners review the opportunity. The firm explicitly asks founders not to email pitch decks and states this intake funnel saves days of initial screening time.

What investment stages does ScaleGood target?

The fund invests at the pre-seed and seed stages, with initial cheque sizes ranging from $25,000 to $200,000 CAD. ScaleGood states it has the ability to make follow-on investments in portfolio companies and can move quickly once a term sheet is issued.

Does ScaleGood require a social-impact mandate from all portfolio companies?

Yes. The firm's thesis pairs financial returns with measurable social impact, and its website states it invests only in companies that demonstrate both. Portfolio tagging confirms this — holdings span healthcare access, education technology, affordable housing, and environmental sustainability.

Is ScaleGood's portfolio concentrated in Canada?

The firm is headquartered in Edmonton, and many named portfolio companies — Gotcare, HelpSeeker Technologies, Requity Homes — are Canadian. However, ScaleGood's published FAQ asks whether a venture must be in Canada, implying the fund may consider opportunities outside the country, though specific international holdings are not explicitly confirmed on its site.

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