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.
Type
Private
HQ
Boston, US
Founded
2013
Employees
25 (est)-3%
Celect was founded in 2013 and is headquartered in Boston, US

Celect Locations

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

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

Celect Online Presence

Celect Company Life

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