ScaleUP Ventures

ScaleUP Ventures is a venture capital fund based in Toronto. It was set up in 2016, with committed capital that included participation from Corporate Canada, under General Partners Kent Thexton and Kevin Kimsa, to invest in early-stage technology companies. Its site details portfolio financing rounds it has taken part in, including a Series B round for Coconut Software, a Series B round for Rewind, a Series C round for Nylas, and a Series B round for Dooly, alongside a seed round the fund led for Dooly.ai in its earlier years. The firm also references a later increase to its fund target and a contribution from the Government of Ontario toward its committed capital.