The organization saw applications from companies in 18 countries spanning five continents, according to TechCrunch—but ultimately settled with an all-Canadian lineup. Three startups are based in Extreme's hometown of Toronto, while one is from Edmonton and one is from Ottawa.
The five startups selected were Gijit, which enhances calendars; ShopLocket, which lets users sell stuff; Granify, which uses big data technology to optimize e-commerce; Verelo, which offers website monitoring; and SimplyUs, which organizes couples' lives.
Extreme Startups will provide $50,000 to each startup at the beginning of a three-month program for a 10% equity stake in the company. The accelerator has 50 mentors ready to assist these startups during the program.
Extreme Startups is hosting a Demo Day on Tuesday, June 19, from 1pm to 4pm EST at The Berkeley Church and Fieldhouse in East Toronto.