Last deal

$26.4M

Amount

Series C

Stage

28.06.2019

Date

3

all rounds

$49.4M

Total amount

date founded

Financing round

General

About Company
Drone Racing League is a company that organizes professional drone racing competitions and events.

Industry

Sector :

Subsector :

Keywords :

Also Known As

Drone Racing League, DRL

founded date

01.01.2015

Number of employees

Company Type

For Profit

Last funding type

Series C

IPO status

Private

Description

The company designs and builds its own custom racing drone, the Racer3, which can reach speeds of over 85 MPH and is flown by elite FPV pilots through complex, 3D racecourses. Drone Racing League combines media and technology to create exciting 3D drone racing content with mass appeal. Their events include first-person view (FPV) drone racing, and their Allianz World Championship is streamed on Twitter and airs on major TV networks worldwide. Recently, they launched the Artificial Intelligence Robotic Racing (AIRR) Circuit, the premier autonomous drone racing series.
Contacts
Similar Companies
20
Drone Sports Inc.

Drone Sports Inc.

Drone soccer is an exciting indoor team sport played with quadcopters.

Sector

Leisure Goods

Subsector

Recreational Products

Keywords

Sports, Aerospace, Sporting Goods

total rounds

1
Pro Aerial League

Pro Aerial League

The Pro Aerial League is the first drone racing organization to focus on arena-based, full contact, spectator-friendly competitions.

Sector

Leisure Goods

Subsector

Recreational Products

Keywords

Sports

Location

Seattle, WA, USA
Drone Sports Association

Drone Sports Association

Drone Sports is an innovative company that specializes in the exciting world of drone racing.

Sector

Leisure Goods

Subsector

Recreational Products

Keywords

Drones, Sports

Location

Berkeley, CA, USA
Aerial Sports League

Aerial Sports League

The Aerial Sports League is a global leader in drone sports, entertainment and media.

Sector

Leisure Goods

Subsector

Recreational Products

Keywords

Sports, Drones

Location

San Francisco, CA, USA

total rounds

1
M&A Details
1

Acquired by

Infinite Reality

announced date

23.04.2024

price

$250M

Financials

Funding Rounds
6
3

Number of Funding Rounds

$49.4M

Money Raised

Their latest funding was raised on 28.06.2019. Their latest investor World Wrestling Entertainment. Their latest round Series C

Date 
Funding Round 
Investors 
Money Raised 
Lead 
Touchdown Ventures

Touchdown Ventures

Touchdown Ventures is a corporate venture capital firm that partners with corporations to invest in early and growth-stage companies.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Location

Haddonfield, NJ, USA

count Of Investments

66

count Of Exists

12
Allianz X

Allianz X

Allianz X is the digital investment unit of the Allianz Group, investing in digital growth companies related to insurance.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Keywords

Financial Services, FinTech, Venture Capital

Location

Neuherberg, Oberschleißheim, Germany

count Of Investments

37

count Of Exists

1
Chaifetz Group

Chaifetz Group

Chaifetz Group is a venture capital and private equity firm that invests in early and mid-stage growth companies.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Location

Chicago, IL, USA

count Of Investments

23

count Of Exists

3
Exor Seeds

Exor Seeds

EXOR Seeds is a family-led venture capital firm that partners with exceptional founders to build great businesses.

Sector

General Industrials

Subsector

Diversified Industrials

Keywords

Venture Capital, Financial Services

Location

New York, NY, USA

count Of Investments

89

count Of Exists

1
Lux Capital

Lux Capital

Lux Capital is an investment firm that invests in counter-conventional early-stage science and tech ventures.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Keywords

Venture Capital, Financial Services, Finance

Location

New York, NY, USA

count Of Investments

382

count Of Exists

33
Hearst Ventures

Hearst Ventures

Hearst Ventures invests in media, information, and technology companies.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Keywords

Venture Capital, Financial Services

Location

New York, NY, USA

count Of Investments

143

count Of Exists

31
Liberty Media

Liberty Media

Liberty Media is a media and entertainment company with interests in QVC, Expedia and Formula 1.

Sector

Media

Subsector

Entertainment

Keywords

Film Production, Media and Entertainment, Advertising

Location

Englewood, CO, USA

total rounds

3

total raised

$2.4B

count Of Investments

28

count Of Exists

8
RSE Ventures

RSE Ventures

RSE Ventures is a private investment firm that focuses on sports & entertainment, media & marketing, food & lifestyle, and technology.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Location

New York, NY, USA

count Of Investments

38

count Of Exists

13
Co-Investors
Investors
13
8

Number of lead investors

13

Number of investors

Investor 
Lead 
Round 
Partners 
World Wrestling Entertainment

World Wrestling Entertainment

WWE is a US company that produces TV programming, pay-per-view events, and live wrestling.

Sector

Media

Subsector

Entertainment

Location

Stamford, CT, USA

count Of Investments

9
Rikard Steiber

Rikard Steiber

Visionary Silicon Valley technology leader who just launched his latest venture, GoodTrust, with the mission is to protect everyone's digital legacy. Steiber also just launched Einride, the autonomous electric transport company, in the US. Steiber was President of Viveport and SVP of Virtual Reality at HTC, where he built Viveport which is the world’s first and only “Netflix of VR” subscription service live in +60 markets for all VR devices. Before joining HTC, Steiber successfully built up several international businesses in Video on Demand, YouTube MCNs and eSports, as the CEO for MTGx and Chief Digital Officer at Modern Times Group. At Google, Steiber was the Global Marketing Director of Ads, Mobile and Social Advertising and prior to this ran marketing for all Google’s products in Europe. He co-founded Scandinavia Online (AOL of Nordics) and built Xlent Strategy Consulting. Steiber is the founder of Europe's largest Women in Tech event and community. Steiber is a Future Astronaut with Virgin Galactic. Rikard has MSc from SDA Bocconi (Italy) and BSc from Chalmers University of Technology (Sweden).

current job

GoodTrust
GoodTrust

count Of Investments

12
Olivier Delfosse

Olivier Delfosse

A digital media executive with over 20 years of experience growing online businesses and leading large teams. Olivier has worked with some of the biggest brands in the world (American Idol), as well as developing the largest global online community of fashion and beauty content creators (StyleHaul, sold to RTL for 150M). He is an active advisor and investor in Southern California.

current job

Techstars
Techstars

count Of Investments

5

People

Founders
1
Nicholas Horbaczewski
Nicholas Horbaczewski

Nicholas Horbaczewski

Nicholas Horbaczewski is the founder and CEO at The Drone League Racing and also the founder of Leeden Media. He is the previous senior vice president revenue and business development at Tough Mudder Inc. Nicholas ha a MBA at Harvard Business School and a bachelor's degree in history and literature at Harvard University.

current job

Drone Racing League
Drone Racing League

count Of Investments

1

count Of Exists

1

Nicholas Horbaczewski

Employee Profiles
24

Amy Hashem

Digital marketing director

Nolan Kombol

Director of technical operations

Mike Martin

Board observer

Annie Brooks

Event producer

Laura Macfie

Senior events producer

Jacqueline Stevens

Event operations

Wyatt Elsberry

Game associate

Carlos Revelo

Senior unity engineer

Activity

Recent News
3