What is Celery?
Celery is a San Francisco-based technology firm specializing in empowering businesses of all sizes to manage pre-orders, facilitate independent crowdfunding campaigns, and maintain sales continuity for both in-stock and pre-release items. Founded in 2012 by a team with deep expertise in crowdfunding and e-commerce, including alumni from prestigious institutions like MIT and Stanford, and prominent tech companies such as Groupon and Foursquare, Celery is positioned to revolutionize how businesses engage with their customers throughout the product lifecycle. The company's innovative platform addresses key challenges in inventory management and customer engagement, providing a seamless experience for both merchants and consumers.
How much funding has Celery raised?
Celery has raised a total of $4.3M across 2 funding rounds:
Angel/Seed
$2M
Other Financing Round
$2.3M
Angel/Seed (2014): $2M with participation from Y Combinator and SV Angel
Other Financing Round (2014): $2.3M led by Max Levchin, SV Angel, Elementum Ventures, and Y Combinator
Key Investors in Celery
Y Combinator
Established in 2005 and located in Mountain View, California, Y Combinator provides seed funding for startup businesses and to gauge investors for businesses.
SV Angel
SV Angel is a long-term investment firm dedicated to supporting founders in creating impactful businesses. They prioritize building strong partnerships by advocating for founders and providing essential resources, strategic insights, and a vast network to help companies scale. The firm emphasizes a commitment to doing the right thing and fostering a supportive community within the technology ecosystem. Their approach focuses on being present during critical moments in a company's growth, ensuring that founders receive the guidance and assistance they need.
Max Levchin
Max Levchin is a notable figure in the tech industry, known for his contributions to PayPal and other ventures. His involvement suggests a strategic interest in innovative fintech and e-commerce solutions.
What's next for Celery?
With the recent infusion of major strategic capital, Celery is poised for accelerated expansion and product development. This significant backing suggests a focus on scaling its operations, enhancing its technological infrastructure, and potentially broadening its market reach. The company's strategic investment is likely to fuel initiatives aimed at solidifying its position as a leader in the pre-order and crowdfunding space, enabling more businesses to leverage its platform for innovative sales strategies and customer acquisition. Future growth will likely involve deepening its enterprise solutions and exploring new verticals within the e-commerce ecosystem.
See full Celery company page
