DRX
Latest round
- Series A
Last raised
- Jul 2020
Total raised
- $10M
Investors
- 6
About DRX
DRX Corp.Founded in 2019 in Seoul, South Korea, DRX Corp. is focused on competitive gaming, operating professional teams in various esports. The company has participated in notable tournaments, including the VCT Pacific circuit. The leadership includes CEOs Jung-moo Park and Seon-il Yang. In November 2022, DRX Corp.DRX Corporation is primarily focused on the esports sector, offering a range of competitive gaming services and products across various genres, including VALORANT, League of Legends, Tekken, and Street Fighter. The company operates prominent teams within these gaming communities, participating in high-stakes tournaments such as the VCT Pacific circuit and the HERO ESPORTS Asian Champions League. DRX aims to engage a diverse audience of esports enthusiasts, thereby addressing the demand for competitive gaming entertainment and fostering community involvement through events and activities. Their teams not only compete at a professional level but also engage in social contribution initiatives, enhancing their brand presence in the esports landscape.The revenue model of DRX Corporation is structured around competitive gaming and sponsorships, primarily deriving income from partnerships established with brands and organizations within the esports and gaming industries. The company engages in direct-to-consumer transactions through merchandise sales, as well as B2B arrangements with various sponsors who support their teams and events. Revenue may also be generated from media rights and streaming partnerships, promoting the visibility of their teams in high-profile tournaments. DRX leverages its competitive successes, such as championships in VALORANT and fighting games to attract lucrative sponsorship deals, thereby enhancing its financial stability.In November 2022, DRX Corp. The company aims to introduce new products in the esports space and plans to enter new markets across Asia-Pacific, focusing on regions such as Japan and Southeast Asia.
Who invested in DRX
6 investors across 1 round
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Funding rounds
Series A
Jul 16, 2020
Amount
$10M
Investors
Questions about DRX
Who invested in DRX?
DRX has 6 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has DRX raised?
DRX has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did DRX last raise money?
DRX's most recent round on record is a Series A, in Jul 2020.
What does DRX do?
DRX is a travel & leisure company.
Where is DRX headquartered?
DRX is headquartered in Seoul, South Korea.
Which VCs invest in companies like DRX?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back travel & leisure companies at DRX's stage. Their profiles are linked below.
VCs backing travel & leisure startups at Series A
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