Drone Racing League
2015
FOUNDED
PRIVATE
STATUS
1-10
EMPLOYEES
Series B
LATEST DEAL TYPE
$24.5M
LATEST DEAL AMOUNT
24
INVESTORS
Description
Organizer of drone racing competitions and events. The company organizes First Person View (FPV) drone racing, featuring pilots flying custom-designed, hand-built identical drones through complex, thematic, three-dimensional race courses.
Website
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Casinos and Gaming
Other Industries
Recreational Goods
Electronics (B2C)
Primary Office
- 1 State Street
- Floor 33
- 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 |
|---|---|---|---|---|---|---|
| 3. Later Stage VC (Series B) | 12-Jun-2017 | $24.5M | 0000 | 00000 | Completed | Startup |
| 2. Later Stage VC (Series A1) | 15-Sep-2016 | 000.00 | 000.00 | 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 B | 0,000,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 00.000 | |
| Series A1 | 0,000,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 00.00 | |
| Series A | 1,682,153 | $0.010000 | $1.4 | $1.4 | 1x | $1.4 | 11.61% |
Drone Racing League Investors (24)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Board Seat |
Contact Info |
|---|---|---|---|---|---|---|
| Allianz Group | Corporation | Minority | 000 0000 | 000000 0 | ||
| ChinaRock Capital Management | Venture Capital | Minority | 000 0000 | 000000 0 | ||
| Liberty Media | Corporation | Minority | 000 0000 | 000000 0 | ||
| Sky UK | Corporation | Minority | 000 0000 | 000000 0 | ||
| World Wrestling Entertainment | Corporation | Minority | 000 0000 | 000000 0 |
Drone Racing League Executive Team (8)
1 Former Executive
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