Celect

Celect

Acquired
celect.com·United States·Updated Jan 1, 2018

Celect is a predictive analytics SaaS platform that helps fashion and specialty retailers optimize inventory assortment, allocation, and planning using choice modeling.

SaaSAnalyticsAI

Est. Valuation

$30M

$30,000,000 · 5× ARR estimate

Monthly Revenue (MRR)

$500K

$500,000/mo

Annual Revenue (ARR)

$6M

$6,000,000/yr

Employees

55

Founded

2013

Celect Revenue History

Revenue history for Celect from 2018 to 2026.

YearMRRARRYoY GrowthSource
2018$500,000$6,000,000Jan 2018

How Celect Makes Money

subscriptions

Celect Funding

Celect is fully bootstrapped with no outside funding. The company has grown to $6,000,000 ARR organically.

Celect Founders

Vivek Farias

Co-founder

Devavrat Shah

Co-founder

John Andrews

CEO

Celect FAQ

How much does Celect make?
Celect generates $500,000 in monthly recurring revenue (MRR), which is $6,000,000 annualized (ARR). This revenue figure is self-reported by the founder.
What is Celect's valuation?
Celect's estimated valuation is $30,000,000, calculated as a 5× multiple of its annual recurring revenue (a standard SaaS benchmark for unverified companies).
Who founded Celect?
Celect was founded in 2013 by Vivek Farias (Co-founder), Devavrat Shah (Co-founder), John Andrews (CEO). The company is based in US.
Is Celect bootstrapped?
Yes, Celect is fully bootstrapped with no outside funding. The company has grown to $6,000,000 ARR organically.
What does Celect do?
Celect is a predictive analytics SaaS platform that helps fashion and specialty retailers optimize inventory assortment, allocation, and planning using choice modeling. Celect operates in the SaaS, Analytics, AI space.

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How We Estimate Celect's Revenue & Valuation

Profitable tracks revenue, valuation, and other key metrics for thousands of companies using a layered confidence model. Each revenue figure on this page is tagged with one of three confidence levels:

  • Verified — directly confirmed via Stripe integration or audited filings.
  • Self-reported — numbers publicly shared by the founder on X, blog posts, or interviews.
  • Estimated — derived from publicly available signals (traffic, employee count, pricing, comparables).

Valuation follows a hierarchy: public companies use the live market cap; private companies with disclosed funding rounds use the last reported valuation; otherwise we apply a conservative 5× ARR multiple as an estimate. Multiples vary by business model — SaaS typically sits 5–7×, profitable bootstrapped operations 3–5×, consumer brands 1–3×, marketplaces 8–12×.

These are estimates, not official figures. Official numbers — when available — will always override estimates.