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.
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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...
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 |
| 13.12.2018 | Series C | $15M | Activant C... |
| 01.03.2017 | Series B | $10M | - |
Mentions in press and media 19
| Date | Title | Description |
| 07.08.2019 | Nike приобрела сервис Celect для прогнозирования спроса потребителей с помощью ИИ Статьи редакции | С момента основания стартап привлёк больше $30 млн. Nike приобрела бостонский стартап Celect, разработавший искусственный интеллект для оценки спроса потребителей. Сумма сделки не раскрывается. Команда стартапа перейдёт в штат Nike, а его о... |
| 07.08.2019 | Nike a mai cumpărat un startup IT | Producătorul american de îmbrăcăminte și încălțăminte sport Nike a cumpărat un startup IT care folosește știința datelor și ingineria software pentru a prezice ce vor cumpăra mai mult consumatorii. Potrivit unui comunicat emis miercuri de N... |
| 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. Nike acquires AI platform startup Celect to better predict shopping behavior. Nike has acquired Celect, a leading retail predictive analytics a... |
| 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 more about what customers want and how to source and stock products to meet those needs. The company announced that it has acquired the Bost... |
| 13.01.2019 | Pensa, AI-Enabled Drones Maker for Inventory Monitoring, Raises $5M | Share Share on Facebook Share on Twitter LinkedIn Email Reprints [Updated, 1/18/19, 1:10 pm CT] Austin—The grocery store shelf has yet to be plugged into the increasingly digital food supply chain. Instead, inventory is typically tallied by... |
| 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: NuID is a blockchain cyber security and digital identity startup. NuID has raised $2.5 million in seed funding at a $20 million pre-money valu... |
| 14.12.2018 | Boston Tech Watch: Indigo Ag, GE, Algo Capital, Solo.io, Cybric | Share Share on Facebook Share on Twitter LinkedIn Email Reprints Venture capital deals, acquisitions, and spin-offs made up much of this week’s Boston technology news. —Boston-based agtech startup Indigo Ag has acquired TellusLabs, an A.I. ... |
| 13.12.2018 | Celect Closes $15 Million Series C | Celect, a market leader in predictive analytics and inventory optimization for retailers, today announced it has closed $15 million in Series C financing led by NGP Capital and existing investor Fung Capital. Previous investors Activant Cap... |
| 13.12.2018 | Activant Capital Joins $15M Series C for Celect | Celect, a market leader in predictive analytics and inventory optimization for retailers, today announced it has closed $15 million in Series C financing led by NGP Capital and existing investor Fung Capital. Previous investors Activant Cap... |
| 13.12.2018 | Celect Closes $15 Million Series C to Optimize Retail Inventory and Predict Demand | Boston, Mass. – December 13, 2018 — Celect, a market leader in predictive analytics and inventory optimization for retailers, today announced it has closed $15 million in Series C financing led by NGP Capital and existing investor Fung Capi... |
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