6 River Systems Overview
- Founded
-
2015

- Status
-
Acquired/Merged
- Employees
-
160

- Latest Deal Type
-
M&A
- Latest Deal Amount
-
$394M
6 River Systems General Information
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.
Contact Information
Website
www.6river.com
Ownership Status
Acquired/Merged
(Operating Subsidiary)
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Primary Industry
Other Hardware
Other Industries
Business/Productivity Software
Parent Company
Primary Office
- 271 Waverley Oaks Road
- Suite 400
- Waltham, MA 02452
- United States
+1 (866) 000-0000
6 River Systems Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
4. Merger/Acquisition | 17-Oct-2019 | $394M | 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 Comparisons
Description
Primary
Industry
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Developer of a collaborative mobile robot with a modern cloud-based software designed to redefine fulfillment automation
Other Hardware
Waltham, MA
160
As of 2020
000.00
0000
0000-00-00
000000&0
000.00
6 River Systems Competitors (18)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
inVia Robotics | Venture Capital-Backed | Westlake Village, CA | 00 | 000.00 | 00000000000 | 000.00 |
00000 00000000 | Venture Capital-Backed | Wilmington, MA | 000 | 00000 | 00000000000 | 00000 |
0000 (000000000000 | Venture Capital-Backed | Philadelphia, PA | 0 | 00.00 | 0000000000 0 | 00.00 |
00000 00000000 | Formerly VC-backed | San Jose, CA | 000 | 0000 | 000000&0 | 0000 |
000000000 | Formerly PE-Backed | Nedre Vats, Norway | 000 | 00000 | 00000000 | 00000 |
6 River Systems Patents
6 River Systems Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
CA-3128844-A1 | Systems and methods for managing exceptions to orders collected by autonomous vehicles | Pending | 21-Sep-2020 | 000000000000 | |
US-11345546-B2 | Warehouse automation system methods and apparatus | Active | 02-Sep-2019 | 000000000 | |
US-20210061566-A1 | Warehouse automation system methods and apparatus | Granted | 02-Sep-2019 | 000000000 | |
US-20200283019-A1 | Systems and methods for collision avoidance by autonomous vehicles | Pending | 07-Mar-2019 | 0000000000 | |
US-11276026-B2 | Methods and apparatus for using a moveable sort wall to facilitate assembly of product orders | Active | 14-Feb-2019 | G06Q10/0875 | 0 |
6 River Systems Executive Team (5)
6 River Systems Board Members (6)
Name | Representing | Role | Since |
---|---|---|---|
Gregory Reichow | Eclipse Ventures | Board Member | 000 0000 |
6 River Systems Signals
6 River Systems Former Investors (5)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | 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 |