6 River Systems Revenue and Competitors

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Boston, MA USA

Location

$46M

Total Funding

Logistics

Industry

Estimated Revenue & Valuation

  • 6 River Systems's estimated annual revenue is currently $149.1M per year.(i)
  • 6 River Systems received $25.0M in venture funding in April 2018.
  • 6 River Systems's estimated revenue per employee is $387,350
  • 6 River Systems's total funding is $46M.

Employee Data

  • 6 River Systems has 385 Employees.(i)
  • 6 River Systems grew their employee count by 55% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$102.8M27176%$299M$1B

The New Way Companies Fulfill. E-commerce has changed the world. Customers demand better service but operators are stuck in the trenches, fighting today's problems with yesterday's tools. 6 River Systems knows that fulfillment is key to customer satisfaction. Starting with Chuck, a collaborative mobile robot, 6 River Systems is building fulfillment solutions that power the winning warehouses of the future.

keywords:saas,E-Commerce,Hardware,Robotics

$46M

Total Funding

385

Number of Employees

$149.1M

Revenue (est)

55%

Employee Growth %

N/A

Valuation

N/A

Accelerator

6 River Systems News

2019-03-03 - The shift to collaborative robots means the rise of robotics as a service

The 2018 Holiday shopping season was the biggest on record for e-commerce, with nearly $126 billion in online sales. But as e-commerce continues to expand, the demand for warehouse workers is growing faster than the labor supply and creating an increased need for automation. Given its dominance ...

2019-09-09 - Shopify buys warehouse automation tech developer 6 River Systems for $450 million

Shopify, the shopping technology developer that’s quickly becoming the anti-Amazon, has taken another step up the sales supply chain with its $450 million acquisition of the warehouse automation and management technology developer, 6 River Systems. The acquisition will serve to boost efficienci ...

2019-09-09 - Shopify acquires 6 River Systems for $450 million to expand its AI-powered fulfillment network

Shopify today announced it is acquiring 6 River Systems, a startup focused on fulfillment automation for ecommerce and retail operations. The deal is valued at approximately $450 million — 60% in cash and 40% in shares. At its Unite partner and developer conference in June, the company announce ...

09/03/2019 - 6 River Systems, Soft Robotics form strategic partnership

Warehouse robotics companies 6 River Systems and Soft Robotics are joining forces to create an end-to-end mobile picking solution for ...

09/05/2019 - 6 River Systems and Soft Robotics Announce Strategic ...

BUSINESS WIRE)--6 River Systems, Inc. (6RS) and Soft Robotics today announced a strategic partnership to deliver an automated picking ...

09/03/2019 - Mobile picking partnership to demonstrate end-to-end solution

One example is the mobile picking partnership that 6 River Systems Inc. and Soft Robotics Inc. announced today. Waltham, Mass.-based 6 ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$56.1M387N/AN/A
#2
$60M38799%$845M
#3
$120.9M398-2%N/A
#4
$139.1M4125%N/A
#5
$91.4M4155%$714M

6 River Systems Funding

DateAmountRoundLead InvestorsReference
2016-03-30$6.0MUndisclosedEclipseArticle
2017-07-28$15.0MUndisclosedNorwest Venture PartnersArticle
2018-04-05$25.0MBMenlo VenturesArticle