ScaleUP Ventures

ScaleUP Ventures is a venture capital investment firm established in 2016 and headquartered in Toronto, Ontario. The firm specializes in early-stage investments, focusing primarily on Business-to-Business opportunities within the technology sector. ScaleUP Ventures aims to support creative entrepreneurs by providing the necessary resources and guidance to help their companies scale to the global market. The firm has a target to invest in 25 to 30 innovative companies, leveraging both private industry investments and commitments from the Province of Ontario to facilitate growth and development in the early-stage technology landscape.

Matt Roberts

Partner

44 past transactions

Canalyst

Series C in 2022
Canalyst is a prominent provider of public company data and analysis, operating a cloud-based SaaS platform that offers immediate access to well-structured fundamental data and financial models for global public companies. Founded in 2015, the company aims to modernize the equity research function, helping firms in financial services and corporate markets streamline their operations and enhance the accuracy of their financial analysis. With a workforce of around 200 employees and offices in New York and Vancouver, Canalyst has established itself as a vital resource for hundreds of organizations seeking to minimize redundant tasks and base their analyses on reliable data.

Rose Rocket

Series A in 2021
Rose Rocket, Inc. is a Toronto-based company that develops transportation management software specifically designed for the trucking industry, focusing on less-than-truckload carriers. Founded in 2015, the company's software streamlines the entire order process, facilitating efficient tracking from order placement to delivery. It connects shippers with brokers, carriers, private fleet operators, and third-party logistics providers through an online portal, enhancing communication and collaboration across the supply chain. By automating manual tasks and providing real-time information, Rose Rocket enables users to improve operational efficiency and maintain an audit trail throughout the logistics process.

Coconut Software

Series B in 2021
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.

Rewind

Series B in 2021
Rewind develops an automatic data backup platform designed to protect business data. Their backup data facilitates automatic updates, restores lost data and eliminates technical skills. They enable clients to back up, restore, and copy the information stored in software-as-a-service applications.

#Paid

Series B in 2021
#Paid is a technology company that provides a creative marketing platform designed to connect brands with social media creators for collaborative campaigns. The platform facilitates partnerships between brands and relevant creators, including artists, travelers, storytellers, and photographers, to enhance product placement on social media. By transforming creator-generated content into paid advertisements, #Paid enables authentic and engaging collaborations that allow brands to effectively reach their target audiences through the creators' established followings.

Nylas

Series C in 2021
Nylas, Inc. is a communications platform that allows applications to connect seamlessly with email, calendar, and contact providers. The company's offerings enable developers to create secure, bi-directional synchronization with services such as Gmail, Outlook.com, Microsoft Exchange, Office 365, and IMAP, among others. Nylas facilitates the development of embedded calendar features, supports recurring events, and allows for event creation directly from emails, streamlining enterprise communications. By simplifying the integration of communication data, Nylas empowers businesses to automate routine tasks and enhance user experiences through personalized insights. Founded in 2013 and originally named InboxApp, Nylas is headquartered in San Francisco, with additional offices in New York and Denver.

Rewind

Series A in 2021
Rewind develops an automatic data backup platform designed to protect business data. Their backup data facilitates automatic updates, restores lost data and eliminates technical skills. They enable clients to back up, restore, and copy the information stored in software-as-a-service applications.

Neurodigm

Series A in 2020
Neurodigm specializes in the development of AI technology focused on prediction and vision recognition. The company creates deep-learning-based systems aimed at enhancing traffic flow control, utilizing extensive data collected from various sensors attached to infrastructure such as bridges. This technology enables Neurodigm to assess the condition of these structures, determining optimal times for maintenance and repairs. By implementing a robust health management system, the company provides clients with valuable insights for preventive management, ensuring the longevity and safety of critical assets.

Solink

Series B in 2020
Solink is a security platform that focuses on capturing and auditing video and transactional data to proactively reduce fraud. The company provides a cloud-based video surveillance solution that integrates video monitoring with point-of-sale systems, allowing clients to gain real-time insights into their daily operations. By automatically matching in-store transactions with video footage and analyzing the data, Solink helps businesses manage loss prevention, optimize operations, and ensure compliance with policies and standards. This comprehensive approach enables users to remotely access all store activities, enhancing overall security.

Nylas

Series B in 2020
Nylas, Inc. is a communications platform that allows applications to connect seamlessly with email, calendar, and contact providers. The company's offerings enable developers to create secure, bi-directional synchronization with services such as Gmail, Outlook.com, Microsoft Exchange, Office 365, and IMAP, among others. Nylas facilitates the development of embedded calendar features, supports recurring events, and allows for event creation directly from emails, streamlining enterprise communications. By simplifying the integration of communication data, Nylas empowers businesses to automate routine tasks and enhance user experiences through personalized insights. Founded in 2013 and originally named InboxApp, Nylas is headquartered in San Francisco, with additional offices in New York and Denver.

Cinchy

Series A in 2020
Cinchy Inc. is a Toronto-based company that provides a data collaboration platform designed to enhance data management and protection through a networked architecture known as data fabric technology. Established in 2014, Cinchy enables organizations to connect various data sources while allowing real-time collaboration among systems and users without the need for separate application databases. The platform addresses the challenges of data silos by transforming data into a federated network, facilitating the co-production of data and streamlining processes that typically involve time-consuming and error-prone integrations. With applications across diverse sectors, including banking, retail, and higher education, Cinchy supports critical projects such as data governance, operationalizing AI technologies, and modernizing legacy systems. The company’s approach not only improves efficiency and reduces costs but also enhances data quality and security, ultimately allowing businesses to leverage their data assets more effectively.

Canalyst

Series B in 2020
Canalyst is a prominent provider of public company data and analysis, operating a cloud-based SaaS platform that offers immediate access to well-structured fundamental data and financial models for global public companies. Founded in 2015, the company aims to modernize the equity research function, helping firms in financial services and corporate markets streamline their operations and enhance the accuracy of their financial analysis. With a workforce of around 200 employees and offices in New York and Vancouver, Canalyst has established itself as a vital resource for hundreds of organizations seeking to minimize redundant tasks and base their analyses on reliable data.

Naborly

Seed Round in 2019
Naborly has transformed the rental industry by providing a comprehensive background screening platform that allows landlords to efficiently verify tenant identity, income, and employment. Utilizing artificial intelligence, Naborly offers an accessible API that generates user-friendly reports, including free credit reports and criminal background checks. In addition to aiding landlords in making informed rental decisions, Naborly empowers tenants by enabling them to build credit through their rent payments and facilitating the digital sharing of their rental applications with multiple landlords. Tenants also retain control over their data, with the ability to revoke access whenever they choose, ensuring a balance of security and privacy in the rental process.

Penny

Seed Round in 2019
Penny AI Technologies Inc. is a Canadian company that specializes in developing an artificial intelligence-driven customer relationship management (CRM) application tailored for direct sales. Founded in 2017 and based in Squamish, the platform helps sellers efficiently manage their daily activities, organize content, and enhance customer experiences. By utilizing an automation engine, Penny prioritizes next steps and generates targeted lists of income-producing activities, enabling sales consultants and businesses to focus their efforts strategically. The platform leverages data, machine learning, and algorithms to streamline customer orders, prospects, and promotional lists, ultimately empowering users to run their businesses more effectively and increase revenue.

Sonder Holdings

Series D in 2019
Sonder Canada Inc. specializes in leasing hotel-style apartments to travelers, offering a range of accommodations from rooms to suites and apartments. Founded as Flatbook Corp. and rebranded in 2016, Sonder has expanded its presence across more than 30 cities in eight countries on three continents. The company focuses on delivering a seamless hospitality experience through thoughtfully designed spaces and a tech-powered service model. Its innovative app facilitates self-service features and provides 24/7 support for guests, enhancing convenience and accessibility. Sonder generates revenue by offering both short-term and month-to-month accommodations, with all units carefully selected, designed, and managed by the company.

reDock

Seed Round in 2019
reDock Inc. specializes in software that enhances the efficiency of responding to Requests for Proposals (RFPs) through the use of artificial intelligence. Founded in 2016 and based in Ottawa, Canada, reDock's software streamlines the proposal development process by managing corporate documents, resumes, and compliance requirements. The system features dynamic templates, a reporting dashboard, integrated spell checks, and tools for contract management and requirement matching. It is designed to help IT consulting, IT staffing, and management consulting firms in North America prepare compliant and competitive proposals significantly faster, allowing proposal development teams to focus on the most critical aspects of RFP responses. By automating various tasks, reDock aims to alleviate the workload of proposal teams, enabling them to work more efficiently and effectively.

MedStack

Seed Round in 2019
MedStack, Inc. is a Canadian company based in Toronto that operates an end-to-end cloud developer platform specifically designed for healthcare applications. Founded in 2015, the platform provides developers with tools to address critical challenges in data privacy, security, and interoperability. MedStack offers a comprehensive solution that combines automated cloud data security with pre-written compliance policies aligned with industry standards such as HIPAA and ISO 27001. This approach reduces the time and cost of developing integrated, patient-centric healthcare applications by 60%. The platform has gained recognition for its effectiveness, being integrated by numerous digital health companies and endorsed by prestigious healthcare institutions like Cedars-Sinai and the NHS. Its capabilities include a standards-oriented cloud database and healthcare workflow building blocks that facilitate compliance and streamline system integration, enabling developers to build, launch, and scale compliant applications efficiently.

RenoRun

Seed Round in 2019
RenoRun is building the world's largest single source platform for general contractors to purchase materials. Their mobile-friendly platform is a one-stop-shop when it comes to construction material supply. This app is revolutionizing the construction industry by maximizing productivity, saving contractors wasted run-around hours, and allowing their clients to leave their competition in the dust. Their trained runners will collect and deliver the desired materials to the job site. RenoRun was founded in 2016 and is headquartered in Montreal, Canada, with offices in Toronto and Austin, Texas.

Cinchy

Seed Round in 2018
Cinchy Inc. is a Toronto-based company that provides a data collaboration platform designed to enhance data management and protection through a networked architecture known as data fabric technology. Established in 2014, Cinchy enables organizations to connect various data sources while allowing real-time collaboration among systems and users without the need for separate application databases. The platform addresses the challenges of data silos by transforming data into a federated network, facilitating the co-production of data and streamlining processes that typically involve time-consuming and error-prone integrations. With applications across diverse sectors, including banking, retail, and higher education, Cinchy supports critical projects such as data governance, operationalizing AI technologies, and modernizing legacy systems. The company’s approach not only improves efficiency and reduces costs but also enhances data quality and security, ultimately allowing businesses to leverage their data assets more effectively.

Nylas

Series B in 2018
Nylas, Inc. is a communications platform that allows applications to connect seamlessly with email, calendar, and contact providers. The company's offerings enable developers to create secure, bi-directional synchronization with services such as Gmail, Outlook.com, Microsoft Exchange, Office 365, and IMAP, among others. Nylas facilitates the development of embedded calendar features, supports recurring events, and allows for event creation directly from emails, streamlining enterprise communications. By simplifying the integration of communication data, Nylas empowers businesses to automate routine tasks and enhance user experiences through personalized insights. Founded in 2013 and originally named InboxApp, Nylas is headquartered in San Francisco, with additional offices in New York and Denver.

FundThrough

Series A in 2018
FundThrough offers loans to small companies that sell to bigger businesses. Our technology allows us to approve new clients in minutes, and get you the cash you need quickly, with no obligations or long-term commitments.

Dooly

Seed Round in 2018
Dooly Research Ltd. is a Canadian company based in Vancouver that specializes in artificial intelligence-driven software designed to enhance the efficiency of sales teams. Founded in 2015, Dooly's platform automates the customer relationship management process by collecting and sharing essential customer information from meetings and conversations. This software facilitates the organization and updating of workflow systems in real-time, allowing users to manage notes, tasks, and learnings more effectively. By bridging the gap between note-taking and information sharing, Dooly enables sales teams to minimize administrative burdens and concentrate on core business activities, ultimately optimizing their performance and productivity.

#Paid

Series A in 2018
#Paid is a technology company that provides a creative marketing platform designed to connect brands with social media creators for collaborative campaigns. The platform facilitates partnerships between brands and relevant creators, including artists, travelers, storytellers, and photographers, to enhance product placement on social media. By transforming creator-generated content into paid advertisements, #Paid enables authentic and engaging collaborations that allow brands to effectively reach their target audiences through the creators' established followings.

Wysdom.AI

Series A in 2018
Wysdom.AI is a cognitive care solutions provider based in Richmond Hill, Canada, with additional offices in Atlanta, Kansas City, and London. Founded in 2012, the company specializes in Virtual Agent Operations, assisting clients in launching and managing virtual agents effectively. Recognizing that many virtual agents face challenges in implementation and operation, Wysdom.AI offers a dedicated team along with the necessary tools and data to optimize the performance of chatbots. This enables organizations to better handle high volumes of customer service inquiries, sales support, and employee assistance, thereby improving overall operational efficiency.

Coconut Software

Series A in 2017
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.

Wysdom.AI

Series A in 2017
Wysdom.AI is a cognitive care solutions provider based in Richmond Hill, Canada, with additional offices in Atlanta, Kansas City, and London. Founded in 2012, the company specializes in Virtual Agent Operations, assisting clients in launching and managing virtual agents effectively. Recognizing that many virtual agents face challenges in implementation and operation, Wysdom.AI offers a dedicated team along with the necessary tools and data to optimize the performance of chatbots. This enables organizations to better handle high volumes of customer service inquiries, sales support, and employee assistance, thereby improving overall operational efficiency.

SortSpoke

Seed Round in 2017
SortSpoke specializes in automating the extraction of data from documents, leveraging artificial intelligence to streamline processes that are typically manual and labor-intensive. By utilizing its cloud-based service, SortSpoke learns how users categorize their documents and the specific data they require, ultimately performing these tasks autonomously. This software significantly reduces labor costs associated with data entry by efficiently extracting information from unstructured documents, including text and tables. As a result, businesses benefit from minimized manual errors and shortened cycle times in their document processing operations.

Splash

Series B in 2016
Splash offers an online marketing automation platform designed to assist event marketers and field marketing teams in creating and executing virtual, in-person, and hybrid events. The platform enables users to build custom event websites, craft online invitations, manage ticket sales, and integrate attendee engagement with broader marketing efforts. By providing these tools, Splash empowers organizations to enhance their event marketing programs, ensuring they are on-brand, measurable, and compliant, while delivering memorable experiences that engage attendees and drive business value.

Neuranet

Venture Round in 2016
Neuranet Inc. is a Toronto-based company that specializes in developing Flexitive, a responsive design platform that enables brands, agencies, and publishers to create adaptable advertisements and content. Founded in 2013, Neuranet's Flexitive utilizes advanced HTML5 technology to support designers and developers by enhancing their capabilities and streamlining organizational workflows. The platform allows for the creation of responsive designs that can be adapted to various screen sizes and formats, including HTML5, video, animated GIFs, and static images. This versatility empowers global brands to automate the creation of diverse designs tailored to different demographics, geographies, and languages, ensuring efficient multi-channel communication.

FundThrough

Debt Financing in 2016
FundThrough offers loans to small companies that sell to bigger businesses. Our technology allows us to approve new clients in minutes, and get you the cash you need quickly, with no obligations or long-term commitments.

Naborly

Angel Round in 2016
Naborly has transformed the rental industry by providing a comprehensive background screening platform that allows landlords to efficiently verify tenant identity, income, and employment. Utilizing artificial intelligence, Naborly offers an accessible API that generates user-friendly reports, including free credit reports and criminal background checks. In addition to aiding landlords in making informed rental decisions, Naborly empowers tenants by enabling them to build credit through their rent payments and facilitating the digital sharing of their rental applications with multiple landlords. Tenants also retain control over their data, with the ability to revoke access whenever they choose, ensuring a balance of security and privacy in the rental process.

Fusebill

Series A in 2016
Fusebill Inc. provides automated invoicing, billing, collections, and customer lifecycle management solutions specifically for subscription-based companies. Founded in 2011 and headquartered in Kanata, Canada, the company targets both B2B and B2C sectors, including software as a service, digital media, and communications. Fusebill's cloud-based platform streamlines subscription and billing management by automating various manual accounting and financial processes, thereby enabling businesses to efficiently manage subscriber milestones such as upgrades, downgrades, and churn. This automation allows small and medium-sized enterprises to focus on growth, leverage new product opportunities, and maintain a competitive edge in their respective markets. Fusebill is supported by investments from private and institutional investors.

Mavencare

Seed Round in 2015
Mavencare Inc. is a home care services provider based in Toronto, Canada, with additional locations in Calgary, Ottawa, and Edmonton. The company offers a comprehensive range of services designed to support seniors in aging at home, including companionship, housekeeping, meal preparation, personal care, specialized nursing care, and support for conditions such as Alzheimer’s, dementia, and Parkinson’s. Founded by individuals who faced challenges in securing quality home care for their own grandparents, Mavencare aims to address the needs of the nearly 90 percent of seniors who wish to remain in their homes as they age. The company leverages technology to enhance caregiver vetting, match clients with appropriate caregivers, and facilitate communication among families and care providers, ensuring that seniors feel connected and well-cared for. By utilizing data and machine learning, Mavencare seeks to identify potential risks and improve the overall quality of home care.

Mojix

Series D in 2015
Mojix is a global leader in item-level intelligence solutions, specializing in manufacturing, supply chain, and retail sectors. Founded in 2004, the company offers a cloud-hosted SaaS platform that provides high-security, scalable solutions for item-level traceability. Mojix leverages its expertise in serialization technologies, including RFID and NFC, to track billions of unique identities and manage the lifecycle of items from source to consumer. The platform delivers real-time visibility into critical business functions such as operational performance, location monitoring, traceability, authenticity, and compliance. This integrated approach allows companies to enhance sales and operational efficiency, mitigate risks, and improve customer experience. With a presence in the US, Latin America, and Europe, Mojix is recognized for its expertise in end-to-end track and trace solutions, product authentication, and automated inventory management.

AutoGraph

Series A in 2012
AutoGraph Inc. specializes in personal data cloaking technology that empowers users to control the use of their personal information online without revealing sensitive data. The company's flagship product, autoGraph Connect, is a web-based solution designed for mobile operators, enabling them to manage personal data and privacy while discovering new revenue opportunities as they transition to 5G networks. Founded in 2010 and originally known as nFluence Media, Inc., AutoGraph has established a strategic partnership with Mastek. The company operates from its headquarters in Seattle, Washington, and maintains an additional office in London, United Kingdom.

Mojix

Series A in 2005
Mojix is a global leader in item-level intelligence solutions, specializing in manufacturing, supply chain, and retail sectors. Founded in 2004, the company offers a cloud-hosted SaaS platform that provides high-security, scalable solutions for item-level traceability. Mojix leverages its expertise in serialization technologies, including RFID and NFC, to track billions of unique identities and manage the lifecycle of items from source to consumer. The platform delivers real-time visibility into critical business functions such as operational performance, location monitoring, traceability, authenticity, and compliance. This integrated approach allows companies to enhance sales and operational efficiency, mitigate risks, and improve customer experience. With a presence in the US, Latin America, and Europe, Mojix is recognized for its expertise in end-to-end track and trace solutions, product authentication, and automated inventory management.
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