Celect logo
Founded 2013

Celect

2017 Revenue

$5.8M

YOY

Funding

$30.2M

Overview

About Celect

Celect is a cloud-based predictive analytics platform, helping retailers optimize inventories through data-driven decisions.

Monthly Revenue

$480.0K

Total Expenses

$480.0K

=
Net Income

$0.0

Ebidta Margin

0.00%

+
YOY Growth

=
Rule of 40

0


How did Latka collect this data?

Podcast Youtube video

Latka collected this data by interviewing Celect CEO John Andrews on 12/01/2018

Watch the podcast


Headquarters

125 Summer Street BostonMassachusettsUnited States

Celect Revenue vs Funding

$Funding$Revenue

Revenue

In 2017, Celect revenue run rate hit $5.8M in revenue.

$5.8M

Funding History

Celect has raised a total of $30.2M.

Why are so many SaaS founders taking money from Founderpath.com instead of VC's?
Funding DateRoundTotalValuation
07/26/2018$15.0M
01/06/2017$10.0M
08/13/2014$5.2M
11/20/2013$50.0K

Customers

Celect has 16 customers.

Lifetime Months

×
Monthly ARPU

$30.0K

=
Lifetime Dollars


Acquisition Cost

$200.0K

Average Annual Price

$360.0K

$0$360.0K7 month payback period024681012

Churn

Celect has an annual churn rate of 0.00%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-0.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

100.00%

Team

Employees

Celect has 61 employees. They have 14 sales reps that carry a quota They have an engineering team of 15. and a marketing team of 2.

2017201811.00%▲
DistributionQty

Total Team Size

61

Engineers

15 (25%)

Sales

14 (23%)

Marketing

2 (3%)

CEO/Founder

John Andrews

John has spent the last two decades helping retailers, distributors, and brands optimize their omni-channel strategies and operations. Prior to Celect, John was VP of Product Management & Strategy for Oracle Commerce, coming to Oracle via the Endeca acquisition where John was VP of Marketing & Product Management. John started his career within Deloitte Consulting’s Strategy & Operations practice. John holds a BA in Economics and Computer Science from Boston College and received his master’s degree from the Harvard Business School.


CEO Q&A

What's your age?

43

Favorite online tool?

17:55 Uber

Favorite book?

Nudge

Favorite CEO?

Steve Jobs

Advice for 20 year old self

You can do whatever you want


Is this your company? Add our badge to your website:

Frequently Asked Questions about Celect

When was Celect founded?

Celect was founded in 2013.


Who is the CEO of Celect?

The CEO of Celect is John Andrews


How many employees does Celect have?

Celect has 61 employees.

How much revenue does Celect generate?

Celect generates $5.8M in revenue.


How much funding does Celect have?

Celect has raised $30.2M.


Where is Celect headquarters?

Celect is headquartered at 125 Summer Street BostonMassachusettsUnited States

People Also Viewed

Toast|Toast Tab logo

Toast|Toast Tab

Toast is an all-in-one point-of-sale and restaurant management platform for businesses in the foodservice and hospitality space. As a cloud-based system built specifically for restaurants, Toast offers advanced functionality including tableside ordering, quick menu modifications, real-time enterprise reporting, online ordering, and labor management on an easy-to-use interface. The company powers successful restaurants by combining point of sale, front of house, back of house, and guest-facing technology with an unequaled commitment to customer success. It enables the community of restaurateurs to delight guests and thrive. Toast was founded on 2011 and is based in Boston, Massachusetts.

Ordina (AMS: ORDI) logo

Ordina (AMS: ORDI)

Ordina is a developer, manager and provider of information technology solutions. The company serves the public sector, financial services, industrial and healthcare organizations. It operates in the Netherlands, Belgium and Luxembourg. It was founded in 1973 and is headquartered in Nieuwegein, Netherlands. The company continues to grow by making periodic small acquisitions in order to strengthen its position with strategic clients in the Netherlands and Belgium.

Signix logo

Signix

The industry leader in providing an independent, cloud-based e-signature solution that makes signing documents online secure and legal for any organization.

Madwire logo

Madwire

Madwire® is a technology company that provides business management and marketing software and services for SMBs and franchises. Madwire’s integrated brands — Marketing 360®, Websites 360®, and Top Rated Local® — enable SMBs to manage and grow their business from a singular platform |Madwire® is a technology company that provides business management and marketing software and services for SMBs and franchises. Madwire’s integrated brands — Marketing 360®, Websites 360®, and Top Rated Local® — enable SMBs to manage and grow their business from a singular platform. |We help small businesses grow.

Servicechannel logo

Servicechannel

Facilities management software

Classy logo

Classy

Classy is an American software company and an online fundraising platform designed for nonprofit organizations.

View all SaaS Companies

Create a free account now to view instantly

Create an account