• Celes

  Participated · Seed · May 2024

  Celes provides AI-driven inventory and promotion management solutions, employing predictive data-analysis models to optimize inventory and replenishment processes in retail stores. Founded in 2022 and based in Barranquilla, Colombia, the company has expanded its customer base across Colombia, Peru, Bolivia, Guatemala, Argentina and Ireland and is entering the Mexican market. Celes plans to use newly raised capital to enhance the user experience of its platform and to accelerate expansion across Latin America, with a specific focus on growing its presence in Mexico. The company intends to deploy the $3.0M seed alongside a previously secured US$1.0M to support product improvements and go-to-market efforts. The platform emphasizes AI capabilities and predictive analytics to manage promotions and inventory workflows. Company website: https://www.getceles.com/ Celes builds an integrated platform that embeds artificial intelligence directly into companies' ERP and POS systems to optimize cash-flow-related processes for retail businesses in Latin America. The company offers a comprehensive solution and is developing Celes Bot, an AI tool that answers retail data queries via WhatsApp to simplify retailers' interactions with the platform. Celes received US$1M from Primeline Group to fuel continued platform growth. Primeline Group brings over three decades of experience working closely with brand leaders and decision-makers in the food industry. Celes's product focus is on improving cash-flow workflows for retail clients through AI-driven automation and accessible conversational tools. The company aims to simplify adoption by integrating with existing enterprise systems and providing conversational access to retail data via WhatsApp.

No current team members are available.