Celes Raises $5M Series A

Celes, a Colombia-based retail software startup, has successfully raised $5 million in a Series A funding round, bringing its total funding to approximately $9 million. The company provides an AI-powered platform designed to optimize inventory management and product distribution for physical retail networks.

Investors

The funding round was led by SP Ventures. Additional participation in the round included Fulcrum Global Capital, 30N Ventures, and Taram Capital.

Celes Use of Funds

The capital raised will be used to support the company's expansion across Latin America, with a specific focus on formally entering the Brazilian market and consolidating its existing operations in Colombia, Mexico, and Chile.

About Celes

Founded in 2022 by Luis Ricardo Almanza, Luis Ballestas, and David Florián, Celes specializes in retail technology. Its platform utilizes AI agents and predictive algorithms to forecast demand and automate inventory replenishment, integrating with existing ERP systems to streamline supply chain processes for over 8,500 stores.

Funding Details

Company Website: https://celes.ai

Company: Celes
Raised: $5M
Round: Series A
Funding Date: October 30, 2026
Lead Investor: SP Ventures
Additional Investors: Fulcrum Global Capital, 30N Ventures, Taram Capital
Software Category: Retail Technology
Source: https://startups.com.br/negocios/rodada-de-investimento/celes-levanta-us-5m-com-sp-ventures-para-entrar-no-mercado-brasileiro/