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 technology builds on a fundamental advance in customer choice modeling and machine learning called by MIT’s Computer Science and Artificial Intelligence Laboratory, one of the 50 greatest innovations it has ever produced.
Company growth
Type
Private
HQ
Boston, US
Founded
2013
Size (employees)
26 (est)
Celect was founded in 2013 and is headquartered in Boston, US

Celect Office Locations

Celect has office in Boston
Boston, US

Celect Metrics

Celect Summary

Founding Date

2013

Total Funding

$5.05 M

Latest funding size

$5 M

Time since last funding

over 1 year

Investors

We estimate that Celect's latest funding round in June 2015 was $5 M. In total, Celect has raised $5.05 M
We estimate that Celect's current employees are approximately 100% male

Market Position – Technology, big data, artificial intelligence, enterprise software, machine learning, analytics

Celect Online Presence

Celect Company Life

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