United States · Series C startup

Who invested in Celect

4 rounds we have observed, with the 6 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AIEducation

Funding summaryUpdated 26 Oct 2026

$30Mraised across 4 rounds since 2013, from 4 sources

$50KVenture$5.0MSeries A$10MSeries B$15MSeries C
Latest round
Series C, $15MDec 2018
Step-upi
1.5×
Investors
6
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

20142015201620172018
$50KVenture$5.0MSeries A$10MSeries B$15MSeries C
First round
Venture, $50K
Dec 2013
Biggest round
$15M
Series C · Dec 2018
Usual gap between rounds
20 months
the median of 3

The rounds

  1. Dec 2018
    Series C$15M2 new1 returning

    Reported by FinSMEsSEC filing: $15M sold, first sale Jul 2018

  2. Feb 2017
    Series B$10M2 new

    Reported by FinSMEsSEC filing: $10M sold, first sale Jan 2017

  3. Jun 2015
    Series A$5.0M2 new

    From a historical funding recordSEC filing: $5.2M sold, first sale Aug 2014

  4. Dec 2013
    Venture$50K

    No investor was named in the report.

    Reported by sec.govSEC filing: $50K sold, first sale Nov 2013

Founders and team

From the SEC filings it signed: 2 founders, 1 on the team.

Devavrat ShahDr. Shah is the Co-Founder and the Chief Scientist of the Issuer.Named on its 2018 Form Di
Vivek FariasDr. Farias is the Co-Founder and Chief Technology Officer of the Issuer.Named on its 2018 Form Di
  • John AndrewsMr. Andrews is the Chief Executive Officer of the Issuer.i

On the board, as filediSteven SarracinoVivek Mehra

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Venture2013Series A2015Series B2017Series C2018AugustAugust CapitalActivant CapitalNGP CapitalActivant Capital/ FungFung Capital/ Activant

Everyone who backed them

AugustHedge fund2rounds
August CapitalVC firm1round
Activant CapitalVC firm1round
NGP CapitalVC firm1round
Activant Capital/ Fungno record of our own yet1round
Fung Capital/ Activantno record of our own yet1round

Missing a round, or an investor who was in one? Tell us.

Quick answers about Celect

Who invested in Celect?

Celect's investors include August, August Capital, Activant Capital, NGP Capital and Activant Capital/ Fung, and 1 more on record.

How much has Celect raised?

Celect has raised $30M across 4 rounds since 2013.

When did Celect last raise?

Celect's most recent round was a Series C of $15M in Dec 2018.

What was Celect's biggest round?

Its most recent round, $15M in Dec 2018, is also its largest on record.

Who backed Celect first?

Celect's first round on record, in Jun 2015, was backed by August Capital and Activant Capital.

What stage is Celect at?

Celect's latest named round is a Series C, in Dec 2018.

Where is Celect based?

Celect is based in the United States.

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In the same sector, and raised in the last eighteen months.

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