Comments on Funding:
Extreme Venture Partners’ average cheque size is $300K CAD with round sizes varying between $250K to $1.5M CAD.
Applicant must be:
Owning intellectual property is a plus.
Applicants must submit a pitch deck (PDF) including the folwing information:
- Overview (problem, solution, value proposition);
- Business Opportunity (market size, why now?);
- Business Model (how are they making money and what’s it going to cost?);
- Traction (growth, revenue, users);
- Team (founders, board, advisors, existing investors);
- Competition (who and their competitive advantage?);
- Asks (how much are they raising, and what are the terms?);
- Vision (what are they trying to achieve?).
Other Things to Note:
They are currently pursuing deals on a very selective basis – they are particularly interested in companies that have demonstrated traction with paying customers. It’s difficult to determine its status, but since the application form is still open, I assume it’s still active.