ScaleUP Ventures is a Toronto-based venture capital firm that provides capital and corporate connections to help early-stage technology companies scale globally. The firm employs a mentorship-driven approach, leveraging a leadership council of senior business leaders to support its portfolio companies. Its debut fund, ScaleUP Ventures Fund I, closed with over $100 million in committed capital.
Average disclosed round size is $21.8M (across 9 rounds with reported amounts).
Portfolio
11
Fund Size
$106M
Top Stage
Series A
Last 12 Mo
0
Team
KT
Kent Thexton
General Partner
Kevin Kimsa
General Partner
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
13 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| Eeflow Global | Series A | $8.9M | Jul 2023 |
| NNylas, Inc. | Series C | $120M | Jun 2021 |
| Series B | — | Jan 2021 | |
| Series B | — | Jan 2021 | |
| Series A | $9M | Jan 2018 | |
| Series A | $4.2M | Nov 2017 | |
| Growth | $8.5M | Oct 2017 | |
| Series D | — | — | |
| Series B | $28M | — | |
| Series A | $4.2M | — | |
| Seed | $9.9M | — | |
| Seed | $3.1M | — | |
| Series B | — | — |
Top Co-Investors
Information Venture Partners4 shared
Bay Partners4 shared
Inovia Capital2 shared
Real Ventures2 shared
Klass Capital2 shared
CIBC Innovation Banking2 shared
Techstars2 shared
Atempo Growth1 shared
Fin Capital1 shared
Union Labs1 shared
Atlassian Ventures1 shared
Insight Partners1 shared
Bessemer Venture Partners1 shared
Tao Capital Partners1 shared
WestCap1 shared
Atreides Management1 shared
Greylock Partners1 shared
Fidelity Investments1 shared
Threshold Ventures1 shared
Valor Equity Partners1 shared
Last updated: 8 September 2026
