What is Selerant?
Founded in 1990 and headquartered in New York City, Selerant Corporation is a global leader in providing formula-based product lifecycle management (PLM) software and consulting services. The company specializes in three key process manufacturing segments: Food & Beverages, Personal Care/Pharmaceutical, and Specialty Chemicals. Selerant's comprehensive PLM solutions cover the entire product lifecycle, from initial concept and development through to final labeling, ensuring regulatory compliance and fostering innovation for businesses reliant on complex formulations. With a global presence spanning offices in Italy, China, Germany, France, Switzerland, India, Serbia, and Ukraine, Selerant is well-positioned to serve a diverse international clientele.
How much funding has Selerant raised?
Selerant has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
What's next for Selerant?
The substantial capital infusion, characterized as a large-scale late-stage funding, suggests Selerant is poised for significant growth and market expansion. This strategic backing will likely fuel further development of its PLM software capabilities, enhance its consulting services, and potentially support geographical expansion or acquisitions. The company's focus on compliance and innovation within specialized manufacturing segments positions it favorably to capitalize on evolving industry demands and regulatory landscapes. Future investments may target enhancing AI-driven insights within its PLM platform or expanding its footprint in emerging markets.
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