# ScaleUP Ventures

> ScaleUP Ventures is a VC fund in Toronto backing Software and SaaS. See 50 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Toronto, Canada
- Total investments: 50
- Last investment: Nov 2025
- Lead investor: 22%
- Fund size: $100M
- Last fund: Sep 2017
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/scaleup-ventures-inc.
- X (Twitter): https://www.twitter.com/suv_vc
- Website: http://www.suv.vc/
- Facebook: https://www.facebook.com/scaleupventurescanada/

ScaleUP Ventures is a venture capital firm that supports creative entrepreneurs and assists with investments. It is focused on early-stage venture capital with a preference for Business-to-Business opportunities. The firm was founded in 2016 and is based in Toronto, Ontario.

## Contacts

5 contacts available for ScaleUP Ventures. Shizune tracks 6 team members at ScaleUP Ventures. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/scaleup-ventures?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $100k–$7.5M |
| Series A | $2M–$16M |
| Series B | $15M–$65M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 14 | 28% |
| SaaS | 4 | 8% |
| FinTech | 4 | 8% |
| Information Technology | 4 | 8% |
| Artificial Intelligence | 4 | 8% |

81 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series A | 13 | 26% |
| Seed | 10 | 20% |
| Series B | 8 | 16% |
| Funding Round | 3 | 6% |
| Series C | 2 | 4% |

10 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Canada | 19 | 38% |
| United States | 6 | 12% |
| Egypt | 1 | 2% |
| South Korea | 1 | 2% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Kevin Kimsa | Managing Partner | 12 | https://shizune.co/investors/profile/kevin-kimsa |
| Kiran Lingam | Executive In Residence | 0 | https://shizune.co/investors/profile/adam-agensky |
| Kiran Lingam | Executive In Residence | 1 | https://shizune.co/investors/profile/kiran-lingam |
| Laith Shukri | Senior Analyst | 0 | https://shizune.co/investors/profile/laith-shukri |
| Matt Roberts | Partner | 12 | https://shizune.co/investors/profile/matt-roberts |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Dream Appeal | Dream Appeal is a career growth platform that helps in management of career oriented goals and connect with peers with similar interest. | $1.4M | Series A | Nov 24, 2025 |  |
| Penny | Penny is an Intelligent CRM for Consultants working in the Direct Sales Industry | $24.8M | Series B | Jun 01, 2022 |  |
| Penny | Penny is an Intelligent CRM for Consultants working in the Direct Sales Industry | $26.8M | Private Equity | Jun 01, 2022 |  |
| Canalyst | Canalyst is a fundamental equity research platform for institutional analysts and PMs. The company helps clients save time in their research process and generate better investment ideas. Buysiders product especially when doing work on small- and mid-cap equities that tend to be under-covered, or when working on time-sensitive event-driven ideas.Founded and headquartered in Vancouver, BC, we’re an energetic team with a healthy obsession with accuracy and love of stocks. | $70M | Series C | Jan 18, 2022 |  |
| Rose Rocket | RoseRocket is order management software for transportation companies. The company helps trucking and freight providers manage critical steps in their order process. | $25M | Series A | Oct 13, 2021 |  |
| Coconut Software | Our cloud based, enterprise level appointment scheduling and visitor management platform combines your on-location and digital channels, providing self-service booking and curbside pickup, online and physical queuing, wait time tracking, callback requests and virtual meeting support as well as contact center integration. | $22.3M | Series B | Oct 05, 2021 |  |
| Coconut Software | Our cloud based, enterprise level appointment scheduling and visitor management platform combines your on-location and digital channels, providing self-service booking and curbside pickup, online and physical queuing, wait time tracking, callback requests and virtual meeting support as well as contact center integration. | $22.3M | Series B | Oct 05, 2021 |  |
| Rewind | Rewind has been protecting businesses by backing up their SaaS data. Today, over 80,000 organizations in more than 100 countries use Rewind’s top-rated software and support. Rewind's solutions empower businesses to protect and recover the data they need for consistent growth. | $65M | Series B | Sep 15, 2021 |  |
| Rewind | Rewind has been protecting businesses by backing up their SaaS data. Today, over 80,000 organizations in more than 100 countries use Rewind’s top-rated software and support. Rewind's solutions empower businesses to protect and recover the data they need for consistent growth. | $65M | Series B | Sep 15, 2021 |  |
| #Paid | #Paid is a tech company that operates a creative marketing platform that combines brand and creator collaboration. The platform allows brands to collaborate with relevant artists, travelers, storytellers, and photographers from all over the world for product placement on social media platforms. | $14.9M | Series B | Aug 26, 2021 |  |

10 of 50 investments shown.

## Co-investors
- [Inovia Capital](https://shizune.co/investors/profile/inovia-capital) — VC Fund, 8 deals together
- [Valor Equity Partners](https://shizune.co/investors/profile/valor-equity-partners) — VC Fund, 6 deals together
- [BDC Venture Capital](https://shizune.co/investors/profile/bdc-venture-capital) — VC Fund, 5 deals together
- [Hedgewood](https://shizune.co/investors/profile/hedgewood) — VC Fund, 5 deals together
- [Information Venture Partners](https://shizune.co/investors/profile/information-venture-partners-2) — VC Fund, 5 deals together
- [Bay Partners](https://shizune.co/investors/profile/bay-partners) — VC Fund, 4 deals together

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## FAQ

### What does ScaleUP Ventures invest in?

ScaleUP Ventures invests primarily in Software, SaaS and FinTech startups, most often at Series A and Seed stage. Most of the 50 investments tracked by Shizune back companies in Canada. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is ScaleUP Ventures's check size?

ScaleUP Ventures typically joins rounds of $100k–$7.5M at Seed, $2M–$16M at Series A and $15M–$65M at Series B. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds ScaleUP Ventures participates in.

### How do I contact ScaleUP Ventures?

Public channels for ScaleUP Ventures include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at ScaleUP Ventures?

The team at ScaleUP Ventures includes Kevin Kimsa (Managing Partner), Kiran Lingam (Executive In Residence) and Kiran Lingam (Executive In Residence), among 6 team members tracked by Shizune. The Team section lists each member with their title, investment count and links.

### 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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