Drone Racing League
2015
FOUNDED
PRIVATE
STATUS
Series C
LATEST DEAL TYPE
$26.4M
LATEST DEAL AMOUNT
27
INVESTORS
Description
Organizer of drone racing competitions and events intended to create thrilling 3D drone racing content with mass appeal. The company organizes First Person View (FPV) drone racing, featuring pilots flying custom-designed, hand-built identical drones through complex, thematic, three-dimensional racecourses, enabling participants to enjoy different types of drone-based games.
Website
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Casinos and Gaming
Other Industries
Electronics (B2C)
Primary Office
- 1 State Street
- New York, NY 10004
- United States
+1 (631) 000-0000
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Drone Racing League Valuation and Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 4. Later Stage VC (Series C) | 24-Jun-2019 | $26.4M | 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 | 00.00 | 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 C | 0,000,000 | 00.000000 | 00 | 00.0 | 00.0 | 00 | 00.0 | 00.000 |
| Series B | 0,000,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 00.000 | |
| Series A1 | 2,796,991 | $0.010000 | $3.74 | $3.74 | 1x | $3.74 | 14.75% | |
| Series A | 1,682,153 | $0.010000 | $1.4 | $1.4 | 1x | $1.4 | 8.87% |
Drone Racing League Investors (27)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Board Seat |
Contact Info |
|---|---|---|---|---|---|---|
| Allianz X | Corporate Venture Capital | Minority | 000 0000 | 000000 0 | ||
| EXOR Seeds | Venture Capital | Minority | 000 0000 | 000000 0 | ||
| Mont Alto Capital | Family Office | Minority | 000 0000 | 000000 0 | ||
| Allianz Group | Corporation | Minority | 000 0000 | 000000 0 | ||
| ChinaRock Capital Management | Venture Capital | Minority | 000 0000 | 000000 0 |
Drone Racing League Executive Team (8)
3 Former Executives
You’re viewing 5 of 8 executives. Get the full list »Drone Racing League Board Members (2)
| Name | Representing | Role | Since | Contact Info |
|---|---|---|---|---|
| Nicholas Horbaczewski | Drone Racing League | Founder, Board Member & Chief Executive Officer | 000 0000 |
1 Former Board Member
You’re viewing 1 of 2 board members. Get the full list »