Drone Racing League Overview
- Founded
-
2015

- Status
-
Private
- Employees
-
102

- Latest Deal Type
-
Series D
- Latest Deal Amount
-
$22M
- Investors
-
36
Drone Racing League General Information
Description
Operator of drone racing competitions and events intended to create 3D drone racing content for mass appeal. The company's events include organizing first-person view drone racing, featuring pilots flying custom-designed, hand-built identical drones through complex, thematic, and three-dimensional racecourses, enabling participants to enjoy different types of drone-based games.
Contact Information
Website
www.thedroneracingleague.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Movies, Music and Entertainment
Other Industries
Entertainment Software
Primary Office
- 40 West 27th Street
- 8th Floor
- New York, NY 10001
- United States
+1 (631) 000-0000
Drone Racing League Timeline
Drone Racing League Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
8. Later Stage VC (Series D) | 23-Jun-2022 | $22M | 00000 | 00000 | Completed | Generating Revenue |
7. Secondary Transaction - Private | 01-Feb-2022 | 000.00 | Completed | Generating Revenue | ||
6. Later Stage VC (Series C) | 14-Dec-2020 | 0000 | 000.00 | 00000 | Completed | Generating Revenue |
5. Debt - PPP | 05-May-2020 | 00.000 | 000.00 | Completed | Generating Revenue | |
4. Later Stage VC (Series C) | 24-Jun-2019 | 000.00 | 000.00 | 00000 | Completed | Generating Revenue |
3. Early Stage VC (Series B) | 12-Jun-2017 | 000.00 | 0000 | 00000 | Completed | Startup |
2. Early Stage VC | 15-Sep-2016 | $10.5M | $12.5M | 000.00 | Completed | Startup |
1. Early Stage VC (Series A) | 31-Aug-2015 | $2M | $2M | 000 | Completed | Startup |
Drone Racing League Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series D-2 | 000,000 | 00.000000 | 00 | 00.00 | 00.00 | 00 | 00.00 | 0.000 |
Series D-1 | 0,000,000 | 00.000000 | 00 | 00.00 | 00.00 | 00 | 00.00 | 0.000 |
Series C | 0,000,000 | 00.000000 | 00 | 00.00 | 00.00 | 00 | 00.00 | 00.00 |
Series B | 0,000,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 00.000 | |
Series A1 | 2,796,991 | $0.010000 | $3.58 | $3.58 | 1x | $3.58 | 10.22% | |
Series A | 1,682,153 | $0.010000 | $1.34 | $1.34 | 1x | $1.34 | 6.15% |
Drone Racing League Patents
Drone Racing League Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
US-10737781-B2 | Three-dimensional pathway tracking system | Active | 14-Sep-2017 | 000000000 | |
US-20190079510-A1 | End gate structure with automatic power down | Inactive | 14-Sep-2017 | 0000000000 | |
US-20190077507-A1 | Three-dimensional pathway tracking system | Active | 14-Sep-2017 | 0000000000 | |
US-D845408-S1 | Finish gate for drone | Active | 12-Jul-2017 | ||
US-D852296-S1 | Gate | Active | 12-Jul-2017 |
Drone Racing League Executive Team (12)
Drone Racing League Board Members (3)
Name | Representing | Role | Since |
---|---|---|---|
Adam Goulburn Ph.D | Lux Capital | Board Member | 000 0000 |
Howard Handler | Self | Board Member | 000 0000 |
Drone Racing League Signals
Drone Racing League Investors (36)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
---|---|---|---|---|---|
Algorand | VC-Backed Company | Minority | 000 0000 | 000000 0 | |
Progression Fund | Venture Capital | Minority | 000 0000 | 000000 0 | |
Threadneedle | Venture Capital | Minority | 000 0000 | 000000 0 | |
T-Mobile Ventures | Corporate Venture Capital | Minority | 000 0000 | 000000 0 | |
Allianz X | Growth/Expansion | Minority | 000 0000 | 000000 0 |