About Celect
Celect is a company based in Boston (United States) founded in 2013 by Vivek Farias was acquired by Nike in August 2019. Celect has raised $40.25 million across 10 funding rounds from investors including Nike, NGP Capital and Fung Capital. Celect operates in a competitive market with competitors including RetailNext, Trax, Wiser, SPINS and Crisp, among others.
- Headquarter Boston, United States
- Founders Vivek Farias
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RetailTechnology
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Funding Insights of Celect
Celect has successfully raised a total of $40.25M across 10 strategic funding rounds. The most recent funding activity was a Series C round of $15 million completed in December 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Celect
Celect has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Nike, NGP Capital and Fung Capital.
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Venture capital firm focused on B2B companies
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Venture capital fund investing in tech sectors
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Investor details for Celect
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Investments & Acquisitions by Celect
Investment portfolio details for Celect
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Financial Statements - Celect
Detailed financials for Celect
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Celect Comparisons
Peer comparison for Celect
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Competitors of Celect
Celect operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as RetailNext, Trax, Wiser, SPINS and Crisp, among others.
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In-store customer behavior is tracked and analyzed in real-time.
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Cloud-based analytics solutions for retail shelf management are delivered.
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Price intelligence and optimization software is provided for e-commerce retailers.
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Retail consumer analytics services are provided for natural products sector.
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Business analytics software is provided for CPG retailers and suppliers.
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Cloud-based predictive analytics platform is utilized for asset maintenance insights.
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Detailed competitors of Celect
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Latest news on Celect
Complete news archive for Celect
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Frequently Asked Questions about Celect
Celect was founded in 2013.
Celect is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Celect is a funded company, having raised a total of $40.25M across 10 funding rounds to date.
Celect was founded in 2013 in Boston, United States, as a cloud-based predictive analytics platform focused on the retail sector. Transaction data from customers is analyzed to model reactions to product options. Insights are delivered to buyers, merchandisers, planners, and inventory analysts to support sales growth, margin improvements, and markdown reductions via targeted product distribution across channels. Customer selection patterns at specific locations are also examined to inform assortment strategies.
Celect has 8 investors. Key investors include Nike, NGP Capital, Fung Capital, Activant Capital, and August Capital.