Celes raised $1M in a Seed round led by Primeline, with participation from MatterScale and Rockstart.
With these funds, the company will expand its sales workforce in retail market segments like hardware stores, pharmacies, and supermarkets.
Celes is a platform that uses artificial intelligence to help businesses to optimize and manage their inventory, preventing stockouts and improving their cash flows.
“Our purpose is to make inventory management a source of cash flow, not just a tough challenge,” said Luis Almanza, CEO and cofounder of Celes.
Celes’ software is now used in over 400 sales points, connecting over 20 enterprise resource planning software (ERP) in Peru, Colombia, Bolivia, and Ireland.
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