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VC-funded Company:

Celect
129 South Street, 6th Floor
Boston, MA 02111
Phone: 857-233-5583
https://www.celect.com/

Celect is a cloud-based, predictive analytics SaaS platform that helps retailers optimize their overall inventory portfolios in stores and across the supply chain, resulting in double-digit percentage revenue increases through optimized assortments and fulfillment. This groundbreaking advance in machine learning and optimization allows retailers to understand how an individual customer shopping in store or online chooses from an assortment of products, revealing true demand. The technology builds on a fundamental advance in customer choice modeling called by MIT's Computer Science and Artificial Intelligence Laboratory one of the 50 greatest innovations it has ever produced.

Key Contact
Name
John Andrews
Title
CEO
Funding Events

Date
Amount
Type
Investors
Valuation
03/19/17 $10,000,000 Series B Activant Capital Group
August Capital
Fung Capital
undisclosed
12/13/18 $15,000,000 Series C Activant Capital
August Capital
Fung Capital
NGP Capital
undisclosed


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