6 River Systems
2015
FOUNDED
M&A
STATUS
101-200
EMPLOYEES
M&A
LATEST DEAL TYPE
$450M
LATEST DEAL AMOUNT
Description
Developer of a collaborative mobile robot with a modern cloud-based software designed to redefine fulfillment automation for e-commerce and retail operations. The company's turnkey fulfillment software leverages system directed workflow to make new associate on-boarding instantaneous and helps to realize 2-3X pick rates at half the cost of warehouse investments of the past, enabling retailers and manufacturers to increase warehouse productivity and reduced training costs.
Website
Ownership Status
Acquired/Merged
(Operating Subsidiary)
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Primary Industry
Business/Productivity Software
Other Industries
Electrical Equipment
Parent Company
Primary Office
- 271 Waverley Oaks Road
- Suite 400
- Waltham, MA 02452
- United States
+1 (866) 000-0000
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6 River Systems Valuation and Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 4. Merger/Acquisition | 17-Oct-2019 | $450M | 000.00 | 00000 | Completed | Generating Revenue |
| 3. Early Stage VC (Series B) | 09-Jan-2018 | 0000 | 000.00 | 00000 | Completed | Generating Revenue |
| 2. Early Stage VC (Series A) | 05-May-2017 | $15M | $21.7M | 0000 | Completed | Generating Revenue |
| 1. Seed Round | 29-Mar-2016 | $6.66M | $6.66M | 000.00 | Completed | Startup |
6 River Systems Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price |
% Owned |
|---|---|---|---|---|---|---|---|---|
| Series B | 0,000,000 | 00.000000 | 00.00 | 00.00 | 00.00 | 00 | 00.00 | 00.000 |
| Series A | 0,000,000 | 00.000000 | 00.00 | 00.00 | 00.00 | 00 | 00.00 | 00.000 |
| Seed | 3,736,770 | $0.000100 | $1.83 | $1.83 | 1x | $1.83 | 17.34% |
6 River Systems Competitors (13)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Simbe Robotics | Venture Capital-Backed | 0000 | 00000000000 | 0000 | ||
| 0000 00000000 | Venture Capital-Backed | Bedford, MA | 00 | 000.00 | 0000000000 0 | 000.00 |
| 00000 00000000 | Venture Capital-Backed | San Jose, CA | 00 | 0000 | 00000000000 | 0000 |
| 00000000 | Venture Capital-Backed | Waltham, MA | 00 | 000.00 | 00000000000 | 000.00 |
| 00000 0000 0000000 | Venture Capital-Backed | San Francisco, CA | 000 | 000.00 | 00000000000 | 000.00 |
6 River Systems Former Investors (5)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Board Seat |
Contact Info |
|---|---|---|---|---|---|---|
| Eclipse Ventures | Venture Capital | Minority | 000 0000 | 000000 0 | ||
| JS Capital Management | Asset Manager | Minority | 000 0000 | 000000 0 | ||
| Menlo Ventures | Venture Capital | Minority | 000 0000 | 000000 0 | ||
| Norwest Venture Partners | Venture Capital | Minority | 000 0000 | 000000 0 | ||
| iRobot Ventures | Corporate Venture Capital | Minority | 000 0000 | 000000 0 |
6 River Systems Executive Team (5)
6 River Systems Board Members (5)
| Name | Representing | Role | Since | Contact Info |
|---|---|---|---|---|
| Greg Reichow | Eclipse Ventures | Board Member | 000 0000 | |
| Lior Susan | Eclipse Ventures | Board Member | 000 0000 | |
| Matthew Howard | Norwest Venture Partners | Board Member | 000 0000 | |
| Matthew Murphy | Menlo Ventures | Board Member | 000 0000 | |
| Seth Winterroth | Eclipse Ventures | Board Member | 000 0000 |