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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
Ranked
Employee Count
89 as on Dec 31, 2022
Similar Companies
Exit Details
Acquired by Shopify (Sep 09, 2019)

6River Systems's acquisition details

6River Systems got acquired by Shopify on Sep 09, 2019 at an acquisition amount of $*****.
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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:lockFilter 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
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6River Systems' founders and board of directors

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6River Systems' employee count trend

6River Systems has 89 employees as of Dec 22. Here is 6River Systems's employee count trend over the years:
Employee count trend for 6River Systems
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for GreyOrange
GreyOrange
2012, Suwanee (United States), Series D
Provider of warehouse and in-store automation solutions using artificial intelligence
$545M
74/100
2nd
Logo for Addverb
Addverb
2016, Noida (India), Acquired
Provider of automated warehouse solutions using robotics and software
$66.9M
71/100
3rd
Logo for Unbox Robotics
Unbox Robotics
2019, Pune (India), Series B
Provider of software-defined robotics system for warehouse operations
$28.2M
71/100
4th
Logo for Kindred
Kindred
2014, San Francisco (United States), Acquired
Developer of AI-powered robotics for picking placing sorting automation
$28M
69/100
5th
Logo for Agility Robotics
Agility Robotics
2015, Salem (United States), Series C
Developer of robots and a cloud-based automation platform for logistics operations
$180M
69/100
6th
Logo for Ati Motors
Ati Motors
2017, Bengaluru (India), Series B
Manufacturer of autonomous mobile robots for material movement and productivity
$35.5M
68/100
7th
Logo for Geekplus
Geekplus
2015, Beijing (China), Public
Provider of robotics solutions for warehouse and logistics automation needs
$532M
68/100
8th
Logo for Symbotic
Symbotic
2007, Wilmington (United States), Public
Developer of warehouse automation solutions based on AI and Robotics technology
-
-
68/100
9th
Logo for RightHand Robotics
RightHand Robotics
2014, Cambridge (United States), Series C
Developer of robotic piece-picking solutions for order fulfillment and warehouse automation
$125M
66/100
10th
Logo for Robust
Robust
2019, San Carlos (United States), Series A
Developer of autonomous mobile robots and AI-powered workflow automation
$42.5M
66/100
56th
Logo for 6River Systems
6River Systems
2015, Boston (United States), Acquired
Provider of warehouse automation picking robot
$46.7M
53/100
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6River Systems's Investments and acquisitions

6River Systems has made no investments or acquisitions yet.

Reports related to 6River Systems

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News related to 6River Systems

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