# ScaleGood Fund LP (powered by TELUS)

> ScaleGood Fund LP (powered by TELUS) is a VC fund in Edmonton backing Health Care and Wellness. See 12 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Edmonton, Canada
- Total investments: 12
- Last investment: Sep 2025
- Lead investor: 8%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/in/scalegood
- X (Twitter): https://twitter.com/scalegoodfund
- Website: https://scalegood.ca/

ScaleGood Fund LP (powered by TELUS) is a VC fund in Edmonton focused on Health Care and Wellness. ScaleGood Fund is a Social Impact Venture Capital (VC) fund powered by TELUS that invests in companies who have the promise of a strong financial return coupled with measurable social impact goals. Impact Investing and Financial Returns should go hand-in-hand.

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $1.1M–$8.7M |
| Pre-Seed | $20k–$1.5M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Health Care | 3 | 25% |
| Wellness | 2 | 17% |
| Apps | 1 | 8% |
| SaaS | 1 | 8% |
| Fitness | 1 | 8% |

11 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 3 | 25% |
| Pre-Seed | 3 | 25% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Ultimarii | Ultimarii is an AI based technology company that accelerates and streamline complex and large project across various industries. | $5.2M | Seed | Sep 09, 2025 |  |
| NiaHealth | NiaHealth is a healthcare provider that specializes in blood testing, personalized health analytics, and fitness through an app. | $4.2M | Seed | Jun 26, 2025 |  |
| PulseMedica | PulseMedica, an Edmonton-based medical device startup, is developing an ophthalmic medical device platform for non-invasive, automated image-guided laser treatment enabled by 3D computer vision, real-time tracking, and femtosecond laser technology. PulseMedica is laser-focused on improving the quality of life for millions of people by buildingrevolutionary technology to image and treat vitreoretinal disease. PulseMedica’s short-term vision is to become the global expert in non-invasive, safe, effective screening and treatment of eye floaters, with the ultimate vision of becoming the global standard for screening and treating vitreoretinal disease. | $8.7M | Seed | May 29, 2024 |  |
| Healthkind | Enabling healthcare teams to deliver personalized care at scale. | $36.9K | Pre-Seed | Apr 04, 2024 |  |
| Zamplo | We offer a mobile application for patients to analyze treatment plans and their health effects; share health experience; give caregivers access; and provide this data to both researchers and practitioners. Researchers bear the cost to acquire valuable patient data while patients deal with information chaos after a diagnosis of a disease. We solveboth. Our software-as-a-service can be configured to suit the needs of single or multiple disease profiles and allow a patient to track any treatment, symptom or metric deemed important. Our solution is scalable, configurable to any disease and not geographically limited. These advantages have attracted foundations, pharmaceuticals and clinical researchers to our service with the goal of acquiring real-world data more effectively then current methods. | $1.1M | Seed | Jan 16, 2024 |  |
| Zamplo | We offer a mobile application for patients to analyze treatment plans and their health effects; share health experience; give caregivers access; and provide this data to both researchers and practitioners. Researchers bear the cost to acquire valuable patient data while patients deal with information chaos after a diagnosis of a disease. We solveboth. Our software-as-a-service can be configured to suit the needs of single or multiple disease profiles and allow a patient to track any treatment, symptom or metric deemed important. Our solution is scalable, configurable to any disease and not geographically limited. These advantages have attracted foundations, pharmaceuticals and clinical researchers to our service with the goal of acquiring real-world data more effectively then current methods. | $1.5M | Pre-Seed | Jul 01, 2023 |  |
| Arbutus Medical | Every hospital in the world is faced with a major challenge - the rising cost of heathcare - we want to do something about it. Arbutus Medical’s purpose is to develop a portfolio of “frugal innovation” devices that save costs for hospitals and improve access to orthopedic surgery for 5 million patients by 2030. Arbutus Medical's flagshipproduct is a radically affordable orthopaedic power tool system that is used in North American Trauma Centers, veterinary hospitals, military deployments, NGO missions, and hospitals in over 30 low- and middle-income countries worldwide. | $2.3M | Seed | Feb 13, 2023 |  |
| Sympatic | Sympatic helps owners and users of sensitive data cooperate to extract value without ever risking their data or giving away their intellectual property. We do this by creating temporary, secure compute bastions in their cloud where algorithms meet data. We let them do this safely and repeatedly, even if they have no idea how to do complex cloudDevOps. |  | Pre-Seed | Aug 04, 2022 |  |
| Afterlife Ag | Afterlife Ag is to prevent food waste from going into landfills so we can reduce the amount of greenhouse gas emissions generated each year. |  | Pre-Seed | Aug 01, 2022 |  |
| Areto Labs | Areto Labs creates culture-building apps & bots that can be integrated into digital community platforms. | $770.2K | Pre-Seed | Jun 20, 2022 |  |

10 of 12 investments shown.

## Co-investors
- [Accelerate Fund](https://shizune.co/investors/profile/accelerate-fund) — VC Fund, 4 deals together
- [Saltagen Ventures](https://shizune.co/investors/profile/saltagen-ventures) — VC Fund, 2 deals together
- [The 51 Ventures](https://shizune.co/investors/profile/the-51-ventures) — VC Fund, 2 deals together
- [Threshold Impact](https://shizune.co/investors/profile/threshold-impact) — VC Fund, 2 deals together
- [UCeed](https://shizune.co/investors/profile/uceed) — VC Fund, 2 deals together
- [AARP](https://shizune.co/investors/profile/aarp) — VC Fund, 1 deal together

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## FAQ

### What does ScaleGood Fund LP (powered by TELUS) invest in?

ScaleGood Fund LP (powered by TELUS) invests primarily in Health Care, Wellness and Apps startups, most often at Seed and Pre-Seed stage. Most of the 12 investments tracked by Shizune back companies in Canada. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is ScaleGood Fund LP (powered by TELUS)'s check size?

ScaleGood Fund LP (powered by TELUS) typically joins rounds of $1.1M–$8.7M at Seed and $20k–$1.5M at Pre-Seed. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds ScaleGood Fund LP (powered by TELUS) participates in.

### When did ScaleGood Fund LP (powered by TELUS) last invest?

The most recent investment recorded for ScaleGood Fund LP (powered by TELUS) closed in Sep 2025. Shizune tracks 12 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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