Celect uses machine learning and predictive analytics to help retailers allocate inventory across their physical stores and omni-channel fulfilment centers to minimize stock-outs and write-downs. The company’s forward-looking inventory management platform optimizes merchandise planning to match customer purchasing behaviors.
In 2019, Celect was acquired by Nike. Read more about the thesis that drove our Series B lead investment in Celect.
Money raised
$ 5.2 MM
Investors
August Capital
Lead
Activant
Money raised
$ 10 MM
Investors
Activant
Lead
August Capital
Fung Capital
Money raised
$ 15 MM
Investors
NGP Capital
Lead
Fung Capital
Lead
Activant
August Capital
Exit
Acquired by Nike