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ScaleUP Ventures

ScaleUP Ventures

Toronto, Ontarioscaleupventures.ca

Overview

ScaleUP Ventures is a venture capital firm founded in 2016 and based in Toronto, Canada. The firm focuses on early-stage technology companies, primarily at the Seed and Series A stages, with a preference for B2B opportunities. Its key investment sectors include Enterprise Software, FinTech, HealthTech, E-commerce, and AI/ML. ScaleUP Ventures employs a mentorship-driven approach, leveraging a council of senior business leaders to help its portfolio companies scale. The firm's first fund, ScaleUP Ventures Fund I, closed in 2017 with over $100 million in capital commitments.

Portfolio Companies

14

Investments

ScaleUP Ventures investments
CompanyDateStageLead
SolinkJul 2023Series CCo-investor
CinchyOct 2022Series BCo-investor
SortSpokeJun 2022Series ACo-investor
Penny AIJun 2022Series BCo-investor
CanalystJan 2022Series CCo-investor

Key People

Peter Bormann

Venture Partner, Transaction Counsel

Sector & Stage Mix

Industry, funding stage, and valuation band breakdowns.

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SeedSeries ASeries BGrowth

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Investment Activity

Yearly cadence, pace, and funding raised over time.

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2021
2022
2023
2024
2025
2026

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FAQ

Firmographic Details

HeadquartersToronto, Ontario
Year FoundedN/A

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