Companies · Software / Tech

6 River Systems, Inc.

Waltham · Software / Tech · refined from filed group “Other Technology

Diligence memoA one-page analyst read on 6 River Systems, Inc. — recommendation, valuation, rhythm, risks.
$47.3M
Total raised · real
4
Rounds
1.7×
Latest step-up
Top 11%
Sector rank · raised
Series B
Latest stage · inferred · Tue Jan 09 2018 00:00:00 GMT+0000 (Coordinated Universal Time)

6 River Systems, Inc. looks fair against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the technology sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Fair
  • Modeled value is 1.31× the median modeled value of Series B Software / Tech companies in 2016–2018 (78 peers) — value vs value, same stage and era.
  • Within the normal band (131% of peer median) for its niche.
Dormant
  • Last raise 8.5 yr ago; this sector typically re-raises about every 13 months.
  • Silent for over 3× the sector's normal cadence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Software / Tech

6 River Systems, Inc. is one of 3920 Software / Tech companies tracked from Waltham. By capital raised it ranks among the largest (ahead of 90% of sector peers), and among the largest by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
7
Investors (latest)
2015
Year incorporated
2018-01-09
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$250M$500M$750M$1.0BPre-Seed · 2015-09-14 Raised $655K (real) Modeled valuation $28M (est)$655K$28MPre-Seed2015Series A · 2016-02-22 Raised $6.7M (real) Modeled valuation $185M (est)$6.7M$185MSeries A2016Series A · 2017-05-05 Raised $15M (real) Modeled valuation $416M (est)$15M$416MSeries A2017Series B · 2018-01-09 Raised $25M (real) Modeled valuation $761M (est)$25M$761MSeries B2018+$6.7M+$15M+$25MCumulative $47M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Pre-Seed$655K · 2015
Series A$6.7M · 2016no Seed on file
Series A extension$15.0M · 2017
Series B$25.0M · 2018

Stages are modeled from round size (public records carry no series label). No record for: Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 75%.

Modeled valuation trajectory
$761.4M
Base estimate est.
$61.2M
Conservative case
$2.9B
Upside case
$138.9M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ba $15M–$40M round). Valuation is modeled from stage benchmarks scaled by the technology sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $27.7M · 2015-09-142015Series A · modeled $184.8M · 2016-02-22Series A · modeled $416.1M · 2017-05-05Series B · modeled $761.4M · 2018-01-092018
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
67%
Survival probability
44% low · 81% high
1.42×/yr
Annual markup
1.72×/yr upside case
6.0 yr
Elapsed time used
8.5 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
9 mo
Avg between rounds
$20.4M/yr
Capital velocity
10.8 yr
On record since
2015
First round
4
Rounds on file
How it compares to the market

Benchmarked against 3920 companies in Software / Tech. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 10× above median
This company$47.3M
Sector median$4.6M
Latest round — vs other Series B rounds in sector (real $, this stage) 1.3× above median
This company$25.0M
Sector median$19.9M
Modeled value — vs sector median (estimate, all stages) 21× above median
This company$761.4M
Sector median$36.6M

Raised more than 90% of sector peers (real $). Modeled value above 94% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series B) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #24 of 78.

This companyCohort peer
$100.0M$1.0B$10.0B$10.0M$100.0MCapital raised (log)Orchid Labs Inc. · Series B Raised $40.6M · modeled $1.1B (est)Overclock Labs, Inc. · Series B Raised $35.3M · modeled $1.0B (est)Reflexis Systems Inc · Series B Raised $67.2M · modeled $999.8M (est)Nav Technologies, Inc. · Series B Raised $67.8M · modeled $995.5M (est)Vesper Technologies Inc. · Series B Raised $51.4M · modeled $971.7M (est)Applied Data Finance, LLC · Series B Raised $30.8M · modeled $938.7M (est)Digital Reasoning Systems, Inc. · Series B Raised $80.5M · modeled $913.8M (est)Singular Labs Inc. · Series B Raised $35.6M · modeled $913.7M (est)Skyport Systems, Inc. · Series B Raised $66.7M · modeled $904.5M (est)Constellation Labs, LLC · Series B Raised $29.7M · modeled $904.1M (est)Theta Labs, Inc. · Series B Raised $37.4M · modeled $887.6M (est)SolidEnergy Systems Corp. · Series B Raised $79.5M · modeled $879.4M (est)6 River Systems, Inc. (this company) Raised $47.3M · modeled $761.4M (est)6 River Systems, Inc.
CompanyStageRaised · realValue · estvs peer med.
Orchid Labs Inc.Series B$40.6M$1.1B1.89×
Overclock Labs, Inc.Series B$35.3M$1.0B1.78×
Reflexis Systems IncSeries B$67.2M$999.8M1.72×
Nav Technologies, Inc.Series B$67.8M$995.5M1.71×
Vesper Technologies Inc.Series B$51.4M$971.7M1.67×
Applied Data Finance, LLCSeries B$30.8M$938.7M1.61×
Digital Reasoning Systems, Inc.Series B$80.5M$913.8M1.57×
Singular Labs Inc.Series B$35.6M$913.7M1.57×
Skyport Systems, Inc.Series B$66.7M$904.5M1.55×
Constellation Labs, LLCSeries B$29.7M$904.1M1.55×
Theta Labs, Inc.Series B$37.4M$887.6M1.52×
SolidEnergy Systems Corp.Series B$79.5M$879.4M1.51×
6 River Systems, Inc. this companySeries B$47.3M$761.4M1.31×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Pre-Seed$655K2015-09-14$3.6M$27.7M85%
Series A$6.7M2016-02-22$30.3M$184.8M85%
Series A$15.0M2017-05-05$68.2M$416.1M90%
Series B$25.0M2018-01-09$138.9M$761.4M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Pre-Seed$655K2015-09-14
    • First recorded raise — entered as Pre-Seed.
    • 10 investors on this round.
  2. Series A$6.7M2016-02-22
    • Came back fast: 5 mo vs the ~13 mo sector norm.
    • Round 10.2× larger than the prior — scaling up.
    • 13 investors on this round.
  3. Series A$15.0M2017-05-05
    • Raised 14 mo later, in step with the ~13 mo sector norm.
    • Round 2.3× larger than the prior — scaling up.
    • 5 investors on this round.
  4. Series B$25.0M2018-01-09
    • Raised 8 mo later, in step with the ~13 mo sector norm.
    • Round 1.7× larger than the prior — scaling up.
    • 7 investors on this round.
Intelligence
2018 ~Q4
Modeled next raise · ~9mo cadence
$41.7M
Modeled next size est.range $27.1M$66.7M
1.7×
Last step-up
$20.4M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Lior Susan9 other2016-02
Matthew Howard8 other2017-05
Greg Reichow7 other2017-05
Chris Cacioppo2018-01
Jerome Dubois2015-09
Rylan Hamilton2015-09
Registry & provenance

6 River Systems, Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1658013
SEC CIK
2015
Incorporated
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
WhiteBox Technologies, Inc.Software / TechSeries B$47.4M$362.9Msame sector · same stage
Cibo Technologies, Inc.Software / TechSeries B$47.4M$305.2Msame sector · same stage
Dots Technology Corp.Software / TechSeries B$48.0M$362.6Msame sector · same stage
Ursa Major Technologies, Inc.Software / TechSeries B$48.3M$383.9Msame sector · same stage
Cista System Corp.Software / TechSeries B$48.5M$537.5Msame sector · same stage
Mist Systems, Inc.Software / TechSeries C$60.0M$1.4Bnetwork1 shared operator · same sector
Unifi Software, Inc.Software / TechSeries B$48.6M$520.0Msame sector · same stage
Duality Technologies Inc.Software / TechSeries B$46.0M$636.1Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
blackRiver Systems Inc.Software / TechSeed$41.1M85%
Chrome River Technologies, Inc.Software / TechSeries C$1.1B83%
Carbon6 Technologies, Inc.Software / TechSeries A$188.0M82%
Two Six Technologies Holdings Inc.Software / TechSeries A$31.5M82%
Stream Systems LlcSoftware / TechPre-Seed$4.3M82%
Poly6 Technologies, Inc.Software / TechSeries A$140.6M81%
7Rivers, Inc.Other TechnologySeries A$12.2M80%
Canoe Software Inc.Software / TechSeries A$327.9M80%
Frequently asked
How much funding has 6 River Systems, Inc. raised?
6 River Systems, Inc. has raised approximately $47.3M in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is 6 River Systems, Inc.'s estimated valuation?
Provath's modeled valuation for 6 River Systems, Inc. is approximately $761.4M (modeled range $61.2M–$2.9B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is 6 River Systems, Inc. at?
6 River Systems, Inc.'s latest modeled financing stage is Series B. Its most recent recorded round closed around Tue Jan 09.
What does 6 River Systems, Inc. do and where is it based?
6 River Systems, Inc. operates in the Software / Tech sector, based in Waltham.
Explore related

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