Celect

Profile Information

Conference
DEMO Fall 2014
Market Segment
Smart Data
Funding Amount
$100,001-$500,000
Product Description
The Celect Optimization Platform, powered by the Celect Choice Engine, allows retailers to understand how a specific customer shopping at a specific location chooses from an assortment of products. Celect, a big data predictive analytics platform, enables merchandisers, retail planners, and inventory analysts to better determine “what to put where.”
Funding Round
Angel
Funding Details
$385k in angel funding has been received to date. Additional funding will be announced in 2015.
Competitors
Traditional Assortment Management Vendors have limited capabilities today in terms of Assortment Optimization, but generally serve as our main competitors (can also be collaborators/partners): JDA, SAS, Predictix, IBM DemandTec, Island Pacific, Galleria.
Market Opportunity
Retailing is generally viewed as an art form, but retail executives looking to compete understand this art must be paired with science. With 90% of revenue coming from their physical stores, retailers are looking to their omnichannel data to better personalize the customer experience in each individual store.

Company Contact

URL
http://www.celect.net
Facebook
Twitter
@CelectInc
LinkedIn
Contact
Company Address
Celect, Inc. 80 Allston Street
Primary Phone
(857) 891-9891
Officer One
John Andrews - CEO
Officer Two
Vivek Farias - CTO
Officer Three
-
Officer Four
-
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