| Founded | 2015 |
|---|---|
| Closed | 2023 |
| Country | USA |
| Sector | Logistics |
| Collapse type | Fire Sale |
| Founder | Jerome Dubois, Rylan Hamilton |
6 River Systems
"Bought for $450M, sold for $13M: Shopify's warehouse robot became the most expensive pivot in logistics history."
Distressed acquisition below last-round valuation
Key Events Timeline
6 River Systems was acquired by Shopify in 2019 for $450M to power fulfillment robotics for Shopify's merchant network.
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