Companies · Robotics

Drone Racing League, Inc.

NEW YORK · Robotics · refined from filed group “Other

Diligence memoA one-page analyst read on Drone Racing League, Inc. — recommendation, valuation, rhythm, risks.
$51.8M
Total raised · real
4
Rounds
2.0×
Latest step-up
Top 10%
Sector rank · raised
Series B
Latest stage · inferred · Mon Jun 17 2019 00:00:00 GMT+0000 (Coordinated Universal Time)

Drone Racing League, 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 robotics 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 1.37× the median modeled value of Series B Robotics companies in 2019–2021 (8 peers) — value vs value, same stage and era.
  • Within the normal band (137% of peer median) for its niche.
Dormant
  • Last raise 7.0 yr ago; this sector typically re-raises about every 14 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 Robotics

Drone Racing League, Inc. is one of 327 Robotics companies tracked from NEW YORK. By capital raised it ranks among the largest (ahead of 91% 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.

robotics

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
3
Investors (latest)
2015
Year incorporated
2019-06-17
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$1.0BSeed · 2015-08-25 Raised $2.0M (real) Modeled valuation $53M (est)$2.0M$53MSeed2015Series A · 2016-01-08 Raised $5.6M (real) Modeled valuation $121M (est)$5.6M$121MSeries A2016Series A · 2016-01-08 Raised $10M (real) Modeled valuation $226M (est)$10M$226MSeries A2016Series A · 2017-03-17 Raised $13M (real) Modeled valuation $280M (est)$13M$280MSeries A2017Series B · 2019-06-17 Raised $26M (real) Modeled valuation $627M (est)$26M$627MSeries B2019+$5.6M+$10M+$13M+$26MCumulative $57M

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
Seed$2.0M · 2015
Series A$5.6M · 2016
Series A extension$10.5M · 2016
Series A extension$13.0M · 2017
Series B$26.4M · 2019

Stages are modeled from round size (public records carry no series label). No record for: Pre-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
$626.5M
Base estimate est.
$59.4M
Conservative case
$2.4B
Upside case
$146.7M
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 robotics sector profile. Directional, not a quoted figure.

Seed · modeled $53.1M · 2015-08-252015Series A · modeled $121.0M · 2016-01-08Series A · modeled $226.2M · 2016-01-08Series A · modeled $279.9M · 2017-03-17Series B · modeled $626.5M · 2019-06-172019
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
61%
Survival probability
41% low · 75% high
1.38×/yr
Annual markup
1.67×/yr upside case
6.0 yr
Elapsed time used
7.0 yr actual, capped for stale marks
robotics
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
11 mo
Avg between rounds
$13.6M/yr
Capital velocity
10.9 yr
On record since
2015
First round
5
Rounds on file
How it compares to the market

Benchmarked against 327 companies in Robotics. 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) 8.3× above median
This company$51.8M
Sector median$6.3M
Latest round — vs other Series B rounds in sector (real $, this stage) 1.3× above median
This company$26.4M
Sector median$20.0M
Modeled value — vs sector median (estimate, all stages) 18× above median
This company$626.5M
Sector median$34.5M

Raised more than 91% of sector peers (real $). Modeled value above 95% 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 #3 of 8.

This companyCohort peer
$100.0M$1.0B$10.0M$100.0MCapital raised (log)Mighty Buildings, Inc. · Series B Raised $66.9M · modeled $651.2M (est)Plus One Robotics, Inc. · Series B Raised $42.8M · modeled $633.1M (est)Dishcraft Robotics, Inc. · Series B Raised $46.8M · modeled $502.4M (est)SVT Robotics, Inc. · Series B Raised $27.1M · modeled $413.3M (est)Manna Drone Delivery Inc. · Series B Raised $24.4M · modeled $362.9M (est)Electric Sheep Robotics, Inc. · Series B Raised $24.4M · modeled $307.0M (est)Faction Holdings, Inc. · Series B Raised $72.0M · modeled $119.0M (est)Drone Racing League, Inc. (this company) Raised $51.8M · modeled $626.5M (est)Drone Racing League, Inc.
CompanyStageRaised · realValue · estvs peer med.
Mighty Buildings, Inc.Series B$66.9M$651.2M1.42×
Plus One Robotics, Inc.Series B$42.8M$633.1M1.38×
Drone Racing League, Inc. this companySeries B$51.8M$626.5M1.37×
Dishcraft Robotics, Inc.Series B$46.8M$502.4M1.10×
SVT Robotics, Inc.Series B$27.1M$413.3M0.90×
Manna Drone Delivery Inc.Series B$24.4M$362.9M0.79×
Electric Sheep Robotics, Inc.Series B$24.4M$307.0M0.67×
Faction Holdings, Inc.Series B$72.0M$119.0M0.26×
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.
Seed$2.0M2015-08-25$10.0M$53.1M85%
Series A$5.6M2016-01-08$25.5M$121.0M85%
Series A$10.5M2016-01-08$47.6M$226.2M90%
Series A$13.0M2017-03-17$58.9M$279.9M90%
Series B$26.4M2019-06-17$146.7M$626.5M90%
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. Seed$2.0M2015-08-25
    • First recorded raise — entered as Seed.
    • 10 investors on this round.
  2. Series A$5.6M2016-01-08
    • Came back fast: 4 mo vs the ~14 mo sector norm.
    • Round 2.8× larger than the prior — scaling up.
    • 14 investors on this round.
  3. Series A$10.5M2016-01-08
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.9× larger than the prior — scaling up.
    • 19 investors on this round.
  4. Series A$13.0M2017-03-17
    • Raised 14 mo later, in step with the ~14 mo sector norm.
    • Round roughly the size of the prior one.
    • 8 investors on this round.
  5. Series B$26.4M2019-06-17
    • Raised again after 27 mo — slower than the ~14 mo sector norm.
    • Round 2.0× larger than the prior — scaling up.
    • 3 investors on this round.
Intelligence
2020 ~Q2
Modeled next raise · ~11mo cadence
$53.8M
Modeled next size est.range $35.0M$86.1M
2.0×
Last step-up
$13.6M/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
Adam Goulburn9 other2019-06
Matt Higgins3 other2019-06
Nicholas Horbaczewski2 other2015-08
Uday Ahuja2 other2019-06
Joaquin Gamboa1 other2019-06
Kerry Kellogg2016-01
Registry & provenance

Drone Racing League, 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
1652001
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
Momomilk, LLCRetailingSeries B$54.3M$98.8Mnetwork2 shared operators · same stage
Vivid Robotics, Inc.RoboticsSeries B$51.2M$154.6Msame sector · same stage
Cobalt Robotics Inc.RoboticsSeries B$53.5M$873.2Msame sector · same stage
Soft Robotics Inc.RoboticsSeries B$56.3M$348.1Msame sector · same stage
Dishcraft Robotics, Inc.RoboticsSeries B$46.8M$502.4Msame sector · same stage
Augean Robotics, Inc.RoboticsSeries B$44.5M$186.6Msame sector · same stage
Plus One Robotics, Inc.RoboticsSeries B$42.8M$633.1Msame sector · same stage
Realtime Robotics, Inc.RoboticsSeries B$63.1M$142.7Msame 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
DRONEDEK CorpRoboticsSeed$20.2M80%
Teal Drones, Inc.RoboticsSeed$79.6M79%
Drone Energy, LLCRoboticsPre-Seed$30.7M78%
Droneup, LlcRoboticsSeries A$5.5M78%
DroneSeed Co.RoboticsSeries A$109.5M77%
DroneBase, Inc.RoboticsSeries D+$912.8M77%
DroneSense, Inc.RoboticsSeries A$106.1M77%
Drone Express, Inc.RoboticsSeed$8.0M77%
Frequently asked
How much funding has Drone Racing League, Inc. raised?
Drone Racing League, Inc. has raised approximately $51.8M in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is Drone Racing League, Inc.'s estimated valuation?
Provath's modeled valuation for Drone Racing League, Inc. is approximately $626.5M (modeled range $59.4M–$2.4B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Drone Racing League, Inc. at?
Drone Racing League, Inc.'s latest modeled financing stage is Series B. Its most recent recorded round closed around Mon Jun 17.
What does Drone Racing League, Inc. do and where is it based?
Drone Racing League, Inc. operates in the Robotics sector, based in NEW YORK.
Explore related

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