The Drone Racing League (DRL) is a professional drone racing circuit and media company founded in 2015 by Nicholas Horbaczewski and headquartered in New York City. DRL designs proprietary first-person-view (FPV) racing drones, hosts a global season of professional drone races at iconic venues, and produces broadcast content distributed via partners including NBC Sports, Sky, and Twitter/X. The league was acquired by immersive technology company Infinite Reality for $250 million in April 2024.
Drone Racing League has been acquired
This company is no longer available on our private secondary market.
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2015
Employees
51–200
Total Funding
$58.4M
3 rounds
Latest Valuation
$0.2B
June 24, 2019
Total raised $58.4M across 3 rounds
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Last updated 06-25-2026
Latest Round
Type
Series C
Date
June 24, 2019
Amount
$26.4M
Valuation
—
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| June 24, 2019 | Series C | $26.4M | — | |
| July 2017 | Series B | $20M | — | |
| September 14, 2016 | Series A | $12M | — | RSE Ventures, Lux Capital |
Nicholas Horbaczewski
Founder; Global President at Infinite Reality (former DRL CEO)
Rachel Jacobson
Former DRL President; President, Global Business Ventures and Partnerships at Infinite Reality
Competitor list is illustrative and may be incomplete, stale, or erroneous.
MultiGP Drone Racing League
Global grassroots and professional FPV drone racing league with 1,000+ chapters worldwide; organizes the MultiGP Championship.
DR1 Racing
Team-based open-specification drone racing series that aired on CBS and Eurosport; partnered with MultiGP.
World Drone Prix
Dubai-based drone racing event that ran the world's largest professional drone race with a $1M prize fund in 2016.
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