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Predictive Analytics Startup Celect Raises $15 Million to Transform Fashion Retail

Rivet’s 2021 winter issue has dropped! This in-depth issue examines the steps the global denim industry is taking to minimize its impact on the environment, from implementing zero waste production and design processes to establishing greenhouse gas emissions goals aligned with the Paris Agreement.

One way smart retailers put the “retail apocalypse” narrative behind them is by investing in advanced analytics and demand prediction  solutions that help streamline inventory planning. Startups like Celect, started in 2013 by a pair of MIT professors, are key players in this rapidly space that is giving leaders a tech-driven edge over laggards slow…

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