Fundraising Fox

Elective

9 known investors

Elective offers a "Learn Now, Pay Later" financing solution that lets businesses' customers split purchases ($150–$15,000) into 3, 6, 9, or 12 monthly payments while the business gets paid upfront in full minus a one-time fee. It also provides Elective Billing for in-house payment plans, serving merchants in the US and Canada with global billing available in 200+ countries.</parameter> <parameter name="sector_codes">["fintech", "saas"]

Investors · 9

Panache VenturesMontreal · $1.5M
Endurance CapitalreportedHo Chi Minh City

Also in the syndicate · 7

Avaana SeedF HealthHuddleOnDeck ODXPhoenix AngelsStanford AngelsVeritasX

Funding

SEC filings, press & company announcements
  • Undisclosed amountseed roundJun 2023

    Avaana Seed, Endurance Capital, F Health, Huddle, OnDeck ODX, Phoenix Angels, Stanford Angels, VeritasX

    Source ↗

Source: company announcements and press reports — follow each round's link for the claim.

In the news

Three awardees will split $2 Million in Unlocking Elective Pay Grants through MI Healthy Climate Challengemichigan.gov · Jan 2026Funding Notice: Opportunity to Develop Elective Pay Blueprints for Communities | Department of Energyenergy.gov · Jul 2024Mykare Health: Elective surgeries startup Mykare Health raises $2 million - The Economic Timeseconomictimes.indiatimes.com · Jun 2023

Frequently asked questions

What does Elective do?
Elective offers a "Learn Now, Pay Later" financing solution that lets businesses' customers split purchases ($150–$15,000) into 3, 6, 9, or 12 monthly payments while the business gets paid upfront in full minus a one-time fee. It also provides Elective Billing for in-house payment plans, serving merchants in the US and Canada with global billing available in 200+ countries.</parameter> <parameter name="sector_codes">["fintech", "saas"]
Who are Elective's investors?
Elective's investors include Panache Ventures, Endurance Capital.