Celect logo
Founded 2013

Celect

2017 Revenue

$5.8M

YOY

Funding

$30.2M

How Celect hit $5.8M in Revenue with 16 Customers in 2017.

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
$Funding$Revenue

Celect Revenue

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

$5.8M

Celect Valuation and 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 DateRoundAmountTotalValuation
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


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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

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