Celect Revenue and Competitors

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Boston, MA USA

Location

$30.2M

Total Funding

Analytics

Industry

Estimated Revenue & Valuation

  • Celect's estimated annual revenue is currently $84k per year.(i)
  • Celect received $15.0M in venture funding in December 2018.
  • Celect's estimated revenue per employee is $14,000
  • Celect's total funding is $30.2M.

Employee Data

  • Celect has 6 Employees.(i)
  • 0
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$11.3M78N/AN/AN/A
#2
$252M126045%$804M$5.7B
#3
$1M19-77%$19.2MN/A
#4
$432M2979N/AN/AN/A
#5
$3.4M15N/AN/AN/A
#6
$348.5M174182%$417M$2.7B
#7
$38.6M152N/AN/AN/A
#8
$6.4M44N/AN/AN/A
#9
$1.3M9N/AN/AN/A
#10
$38.6M266N/AN/AN/A
#11
$41.2M274-17%$61MN/A
#12
$28M193N/AN/AN/A
#13
$0.2M9-61%$20.5MN/A

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. 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.

keywords:Analytics

$30.2M

Total Funding

6

Number of Employees

$84k

Revenue (est)

N/A

Employee Growth %

N/A

Valuation

N/A

Accelerator

Celect News

2022-04-20 - Retail Assortment Management Applications Market Comprehensive ...

... JDA Software, BOARD International, JustEnough, RELEX Solutions, Logility, o9 Solutions, Celect, Infor, SAP, Softvision. Market Scenario:.

2022-03-22 - You can mark this down. Retailers preserve margin with predictive ...

A survey conducted by Coresight Research and Celect estimated that non-grocery retailers in the U.S. absorb markdown costs of about $300...

2019-08-29 - Building Products Partners with Alexandria Moulding for Celect

... as a preferred distributor of Royal® Trim & Mouldings and Celect® Cellular Composite Siding by Royal® across Canada to the professional ...

2019-08-09 - Tech Viewpoint: Nike acquires Celect – two pros and a con

Celect was founded and is led by two MIT professors. Living in the area has given me the opportunity to visit their Boston office, and I will vouch ...

2019-08-08 - Nike Plans to Get More Personal With Customers by Acquiring ...

Nike's newest acquisition is Boston-based artificial intelligence (AI) startup Celect. The shoe giant bought the e-commerce AI tool developer to ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$0.1M6N/A$10.3M
#2
$0.2M6N/A$12.9M
#3
$0.1M6-50%$5M
#4
$0.9M6N/AN/A
#5
$0.9M6N/AN/A

Celect Funding

DateAmountRoundLead InvestorsReference
2015-06-26$5.0MAAugust CapitalArticle
2017-03-01$10.0MBActivant CapitalArticle
2018-12-14$15.0MCFung CapitalArticle