6River Systems - About the company
6River Systems is an acquired company based in Boston (United States), founded in 2015. It operates as a Provider of warehouse automation picking robot. 6River Systems has raised $46.7M in funding from investors like Menlo Ventures, Norwest and Eclipse. The company has 767 active competitors, including 157 funded and 73 that have exited. Its top competitors include companies like GreyOrange, Addverb and Unbox Robotics.
Company Details
6 River Systems has developed a robot which can be used in fulfillment centers. The robot will accompany an associate and assist in the picking activity. Their key offering is Chuck which is a cloud connected robot that leads the associate through the work zones in the warehouse. Chuck can be used for various warehouse operations such as picking, counting and sorting. The robot is capable of lifting 160 lbs and has configurable slots and lighting to support different product and tote configurations.
Key Metrics
Founded Year
2015
Location
Boston, United States
Stage
Acquired
Total Funding
$46.7M in 4 rounds
Latest Funding Round
Investors
Ranked
56th among 767 active competitors
Employee Count
89 as on Dec 31, 2022
Similar Companies
Exit Details
Acquired by Shopify (Sep 09, 2019)
Legal entities associated with 6River Systems
6River Systems is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
6 River Systems, Inc. CIN: 474568724 , United States, Active | Jul 20, 2015 | - | 89 (As on Dec 31, 2022) | - |
6River Systems's acquisition details
Click here to take a look at 6River Systems's acquisition in detail
Sign up to download 6River Systems' company profile
6River Systems's funding and investors
6River Systems has raised a total funding of $46.7M over 4 rounds. Its first funding round was on Nov 09, 2015. Its latest funding round was a Series B round on Apr 04, 2018 for $*****. 4 investors participated in its latest round. 6River Systems has 4 institutional investors.
Here is the list of recent funding rounds of 6River Systems:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 04, 2018 | 6043081 | Series B | 7342285 | 9967642 | 9349613 | 4782499 |
Jul 26, 2017 | 4594722 | Series A | 1937543 | 5383130 | 3755296 | |
Mar 29, 2016 | 9760077 | Seed | 5381032 | 9816361 |
View details of 6River Systems's funding rounds and investors
6River Systems' founders and board of directors
Founder? Claim Profile6River Systems' employee count trend
6River Systems has 89 employees as of Dec 22. Here is 6River Systems's employee count trend over the years:
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
6River Systems's Competitors and alternates
Top competitors of 6River Systems include GreyOrange, Addverb and Unbox Robotics. Here is the list of Top 10 competitors of 6River Systems, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | GreyOrange 2012, Suwanee (United States), Series D | Provider of warehouse and in-store automation solutions using artificial intelligence | $545M | 74/100 | |
2nd | Provider of automated warehouse solutions using robotics and software | $66.9M | 71/100 | ||
3rd | Unbox Robotics 2019, Pune (India), Series B | Provider of software-defined robotics system for warehouse operations | $28.2M | 71/100 | |
4th | Kindred 2014, San Francisco (United States), Acquired | Developer of AI-powered robotics for picking placing sorting automation | $28M | 69/100 | |
5th | Agility Robotics 2015, Salem (United States), Series C | Developer of robots and a cloud-based automation platform for logistics operations | $180M | 69/100 | |
6th | Ati Motors 2017, Bengaluru (India), Series B | Manufacturer of autonomous mobile robots for material movement and productivity | $35.5M | 68/100 | |
7th | Provider of robotics solutions for warehouse and logistics automation needs | $532M | 68/100 | ||
8th | Symbotic 2007, Wilmington (United States), Public | Developer of warehouse automation solutions based on AI and Robotics technology | - | - | 68/100 |
9th | RightHand Robotics 2014, Cambridge (United States), Series C | Developer of robotic piece-picking solutions for order fulfillment and warehouse automation | $125M | 66/100 | |
10th | Robust 2019, San Carlos (United States), Series A | Developer of autonomous mobile robots and AI-powered workflow automation | $42.5M | 66/100 | |
56th | 6River Systems 2015, Boston (United States), Acquired | Provider of warehouse automation picking robot | $46.7M | 53/100 |
Looking for more details on 6River Systems's competitors? Click here to see the top ones
6River Systems's Investments and acquisitions
6River Systems has made no investments or acquisitions yet.
Reports related to 6River Systems
Here is the latest report on 6River Systems's sector:
News related to 6River Systems
•
Tompkins Robotics names new VP to advance robotic automationPet Food Processing•Jul 04, 2023•Tompkins Robotics, 6River Systems
•
Ocado acquiring 6 River Systems from ShopifyThe Robot Report•May 04, 2023•Ocado Group, Shopify, Skadden, 6River Systems
•
•
New features for robotic warehouse solutions unveiled by 6 River SystemsLogistics Manager•Nov 08, 2022•6River Systems
•
6 River Systems Advances Tech to Maximize Warehouse Fulfillment OperationsRoboticsTomorrow•Sep 27, 2022•6River Systems
•
•
•
•
•
Are you a Founder ?
FAQs about 6River Systems
Explore our recently published companies
- MHH Ventures - Los Angeles based, 2023 founded, Unfunded company
- Aerospace Star Technology - Moscow based, 2024 founded, Series A company
- Lithium Concrete - La Llagosta based, 2020 founded, Acquired company
- Satleo.com - 2011 founded, Unfunded company
- ADMO Marketing Design - Ellisville based, 2017 founded, Public company
- Iceberg Managed Solutions - Dublin based, 2011 founded, Unfunded company