# ScaleGood

ScaleGood is a Private Equity based in Edmonton, Canada.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Edmonton, Canada
- **Region:** North America
- **Address:** Edmonton, Canada
- **Founded:** 2022
- **Assets under management:** Undisclosed
- **Website:** scalegood.ca
- **LinkedIn:** https://www.linkedin.com/company/scalegood

## Regulatory record

- **Reports private funds:** No

## About

ScaleGood Fund is a Social Impact Investment Venture Capital Fund that delivers financial results alongside measurable social impact. Its mission is to scale good by maximizing profits while measurably improving communities, bridging traditional VC and impact investing. It invests at pre-seed and seed stage in ventures that can show both financial and social impact returns.

## Sectors

- Digital Health
- Healthcare Services
- AgriTech & FoodTech
- Education
- FinTech
- PropTech
- Medical Devices
- ClimateTech
- Legal Tech
- Robotics & Automation

## People

- Ashif Mawji — Managing Partner
- Blaine Labonte — Venture Partner
- Dr. Jehangir Appoo — Venture Partner
- Sameer Dhar — Venture Partner

## 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.

## Related profiles

- [ScaleFund](https://altss.com/profile/scalefund)
- [Scalehouse Capital](https://altss.com/profile/scalehouse-capital)

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Last updated: 2026-08-11T15:08:04.536Z

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