Celect is a predictive analytics platform that enables retail buyers, merchandisers, planners and inventory analysts to increase sales, margins, and reduce markdowns by placing the right product, in the right place, at the right time - across all channels. By turning big data into smart data, Celect allows retailers to understand how an individual customer shopping at a specific location chooses from an assortment of products. The Celect Choice Engine enables retail buyers, merchandisers, planners and inventory analysts to increase sales, margins, and reduce markdowns by placing the right product, in the right place, at the right time - across all channels. The technology builds on a fundamental advance in customer choice modeling and machine learning called by MIT’s Computer Science and Artificial Intelligence Laboratory.

Company Growth (employees)
Type
Private
HQ
Boston, US
Founded
2013
Size (employees)
61 (est)+6%
Website
celect.com
Celect was founded in 2013 and is headquartered in Boston, US

Key People/Management at Celect

John Andrews

John Andrews

CEO
Vivek Farias

Vivek Farias

CTO
Ritesh Madan

Ritesh Madan

VP of Engineering
Rob Desmond

Rob Desmond

VP of Sales
Devavrat Shah

Devavrat Shah

Chief Scientist
Molly Shaw

Molly Shaw

VP of Retail Solutions
José Chan

José Chan

VP of Business Development
Andrew Fink

Andrew Fink

VP of Customer Success
Matt McKinnon

Matt McKinnon

Head of Talent Management

Celect Office Locations

Celect has an office in Boston
Boston, US (HQ)
129 South St
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Celect Financials and Metrics

Summary Metrics

Founding Date

2013

Total Funding

$15.2 m

Latest funding size

$10 m

Time since last funding

12 months

Investors

Celect's latest funding round in February 2017 was reported to be $10 m. In total, Celect has raised $15.2 m

Celect's Web-traffic and Trends

Celect Online and Social Media Presence

Celect Company Life and Culture

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