ScaleGood Fund

What is ScaleGood Fund?

ScaleGood Fund is a Social Impact Venture Capital (VC) fund based in Edmonton, AB, Canada, which focuses on investing in companies that can demonstrate both significant fiscal performance and social impact. With specialties in Seed, Series A, and Series B stages, the fund targets global startups at the pre-seed or seed level.

Their investment spectrum ranges from $15,000 to $150,000 CAD, capable of increasing to maximums around $200,000 CAD for select cases.

The fund is structured to be agile, boasting the ability to act quickly and make follow-on investments in portfolio companies. ScaleGood Fund's thesis hinges on the belief that financial returns and social impact are not mutually exclusive but can be achieved simultaneously.

They look to invest in ventures that are poised for a quantum leap, prioritizing entrepreneurs who present exceptional solutions that can foster systemic change, create positive societal impact, and yield healthy financial returns. Their investment partnership is comprehensive, starting with an initial review of a business plan, followed by discussions, an offer of a term sheet if a good fit is found, due diligence, finalization of legal paperwork, and finally, the deployment of funds. As an active partner, ScaleGood Fund aims to provide not just capital but real value to their investees, seeking to work with businesses that share their mission to scale good by maximizing profits while measurably improving communities.

What they say:

We invest in companies (globally) that are at the pre-seed or seed level and can demonstrate both a financial and social impact return to its shareholders. Our cheque size is between $25,000 and $200,000 CAD. We have the ability to make follow on investments and can act fast! Full details on Thesis https://scalegood.ca/about-us-social-impact-venture-capital-fund/#thesis