Elective Overview

  • Year Founded
  • 2023

Year Founded

  • Status
  • Private

  • Employees
  • 9

Employees

  • Latest Deal Type
  • Early Stage VC

  • Latest Deal Amount
  • $750K

  • Investors
  • 3

Elective General Information

Description

Developer of an underwriting platform designed to accelerate access to clean energy funding. The company's platform leverages artificial intelligence to streamline underwriting and expedite financing for clean energy projects, enabling customers to secure funding from the Inflation Reduction Act and other incentive programs efficiently.

Contact Information

Website
www.electivepower.com
Formerly Known As
Terrex
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 745 5th Avenue
  • Suite 500
  • New York, NY 10151
  • United States
Primary Industry
Other Financial Services
Other Industries
Other Commercial Services
Vertical(s)
CleanTech, Infrastructure, Climate Tech, SaaS, Artificial Intelligence & Machine Learning, Impact Investing, Mortgage Tech, FinTech, Real Estate Technology
Corporate Office
  • 745 5th Avenue
  • Suite 500
  • New York, NY 10151
  • United States

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Elective Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
1. Early Stage VC 01-Oct-2023 $750K Completed Startup
To view Elective’s complete valuation and funding history, request access »

Elective Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Elective Investors (3)

Investor Name Investor Type Holding Investor Since Participating Rounds
Climate Capital Venture Capital Minority
Mission One Capital Venture Capital Minority
Skåne Ventures Venture Capital Minority
To view Elective’s complete investors history, request access »

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Elective FAQs

  • When was Elective founded?

    Elective was founded in 2023.

  • Where is Elective headquartered?

    Elective is headquartered in New York, NY.

  • What is the size of Elective?

    Elective has 9 total employees.

  • What industry is Elective in?

    Elective’s primary industry is Other Financial Services.

  • Is Elective a private or public company?

    Elective is a Private company.

  • What is Elective’s current revenue?

    The current revenue for Elective is .

  • How much funding has Elective raised over time?

    Elective has raised $750K.

  • Who are Elective’s investors?

    Climate Capital, Mission One Capital, and Skåne Ventures have invested in Elective.

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