Diligence memo · auto-generated · as of July 2, 2026
Drone Racing League, Inc.
Drone Racing League, Inc. looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Drone Racing League, Inc. operates in Robotics, based in NEW YORK.
Sub-sector tags: robotics.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Drone Racing League, Inc. has raised $52M in disclosed capital across 4 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $26M on 2019-06-17.
Most recent recorded round closed around 2019-06-17.
Valuation (modeled)modeled
Provath models Drone Racing League, Inc. at approximately $627M (range $59M–$2.4B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: 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.
Financing rhythm & timingmixed
Historic cadence: a new round about every 11 months.
Last raise 7.0 yr ago; this sector typically re-raises about every 14 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 2.0× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 91% of Robotics peers (327 compared).
Modeled value ranks above 95% of those peers.
Closest niche peers: Mighty Buildings, Inc., Plus One Robotics, Inc., Dishcraft Robotics, Inc., SVT Robotics, Inc., Manna Drone Delivery Inc..
Peoplefiled
6 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.