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. Acquired by Nike 2019.
Virtual series for CIOs and CTOs to meet our growth stage companies....
NIKE has acquired Celect, a leading retail predictive analytics and demand sensing...
Celect is transforming the retail experience for the world’s most selective retailers....
Retailers and top investors embrace disruptive technology platform as company accelerates expansion...
Total raised: $25M
Investors 4
| Date | Name | Website |
| - | NGP Capita... | ngpcap.com |
| - | August Cap... | augustcap.... |
| - | Activant C... | activantca... |
| - | In-Q-Tel | iqt.org |
Funding Rounds 2
| Date | Series | Amount | Investors | Deal News |
| 13.12.2018 | Series C | $15M | Activant C... | citybizlis... |
| 28.02.2017 | Series B | $10M | - | finsmes.co... |
Mentions in press and media 19
| Date | Title | Description | Source |
| 07.08.2019 | Nike приобрела сервис Celect для прогнозирования спроса потр... | С момента основания стартап привлёк больше $30 млн. Nike приобрела бостонский стартап Celect, разра... | vc.ru/fina... |
| 07.08.2019 | Nike buys an AI startup that predicts what consumers want | Nike’s market cap has swollen past $100 billion, but the shoe company still sees potential to learn ... | techcrunch... |
| 07.08.2019 | Nike a mai cumpărat un startup IT | Producătorul american de îmbrăcăminte și încălțăminte sport Nike a cumpărat un startup IT care folos... | startupcaf... |
| 07.08.2019 | Top tech startup news for today, Wednesday, August 7, 2019 | Good morning! Below are some of the top tech startup news for today, Wednesday, August 7, 2019. Nik... | techstartu... |
| 13.01.2019 | Pensa, AI-Enabled Drones Maker for Inventory Monitoring, Rai... | Share Share on Facebook Share on Twitter LinkedIn Email Reprints [Updated, 1/18/19, 1:10 pm CT] Aus... | xconomy.co... |
| 14.12.2018 | Daily funding roundup - December 14th, 2018 | NuID raised $2.5M; Aiera raised $3.5M; Block Renovations raised $4.5M; Propel raised $12.8M NuID: N... | vator.tv/n... |
| 14.12.2018 | Boston Tech Watch: Indigo Ag, GE, Algo Capital, Solo.io, Cyb... | Share Share on Facebook Share on Twitter LinkedIn Email Reprints Venture capital deals, acquisition... | xconomy.co... |
| 13.12.2018 | Celect Closes $15M Series C Funding | Celect, a Boston, MA–based market leader in predictive analytics and inventory optimization for reta... | finsmes.co... |
| 13.12.2018 | Celect raises $15 million to help stores predict sales with ... | Contrary to popular belief, brick-and-mortar stores aren’t in their death throes quite yet. About 49... | venturebea... |
| 13.12.2018 | Celect Closes $15 Million Series C to Optimize Retail Invent... | Boston, Mass. – December 13, 2018 — Celect, a market leader in predictive analytics and inventory op... | ngpcap.com... |
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