Dragon Innovation

Lexington, United States Founded: 2006 • Age: 20 yrs Acquired By Avnet
A crowdfunding platform for hardware projects is operated.

About Dragon Innovation

Dragon Innovation is a company based in Lexington (United States) founded in 2006 was acquired by Avnet in August 2017. Dragon Innovation has raised $2.5 million across 3 funding rounds from investors including Avnet, Lerer Hippeau and FJ Labs.

Operational Areas
Key Metrics
  • Total Equity Funding
    $2.5M (USD)

    in 3 rounds

  • Investors
    Avnet

    & 7 more

  • Acquired by
    Avnet

    (Aug 2017)

Funding Insights of Dragon Innovation

Dragon Innovation has successfully raised a total of $2.5M across 3 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $2.5M
  • Total Rounds 3
  • First Round $2.5M

    (May 2014)

  • Investors Count 7

All 3 funding rounds of Dragon Innovation with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2015–Series A––
Jun 2014–Seed––
May 2014$2.5MSeed–Flybridge Capital Partners, Foundry
Valuation history

8 investors in total: 8 institutional.

Investors in Dragon Innovation

Dragon Innovation has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Avnet, Lerer Hippeau and FJ Labs.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
-
–alexafund.comSeattle, United States
Venture capital firm focused on marketplaces, gaming, web3, fintech, and multiple sectors
2007fjlabs.comNew York, United States
Early-stage tech startups are funded by Flybridge Capital Partners.
–flybridge.comNew York, United States
Venture capital is invested in early-stage tech startups.
–foundry.vcBoulder, United States
Investing in early-stage tech companies and ideas.
–boxgroup.com-
USA focused VC firm investing in seed and early stage startups
2010lererhippeau.comNew York, United States
Management consulting and business management services are provided to clients.
2020undercurrent.comUnited States
Electronic components and embedded technologies are distributed globally.
1921avnet.comPhoenix, United States
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Investor details for Dragon Innovation

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
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Verified entity values are shown only after access is granted.

Timeline of Dragon Innovation

4 dated milestones of Dragon Innovation across 11 years, from founding to its latest funding, stage changes and deals.

  1. Founded Dragon Innovation is founded.
  2. Funding First funding round of $2.5M.
  3. Funding Latest funding round, Series A,.
  4. Exit Acquired by Avnet.

Web traffic of Dragon Innovation

Websites that share an audience with Dragon Innovation (dragoninnovation.com).

Similar websites

Websites whose visitors overlap most with Dragon Innovation. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
roboticstrends.com
roboticstrends.com
100%
–––
moosh.im
moosh.im
100%
–#5,263,018–
relayr.io
100%
––View details
vin.li
100%
1K#15,087,960View details
techgyo.com
100%
10.4K#2,118,388View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 15 similar websites and full traffic analytics for Dragon Innovation

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 15 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Latest news on Dragon Innovation

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Complete news archive for Dragon Innovation

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Similar companies to Dragon Innovation

10 companies that operate in the same segment as Dragon Innovation (Crowdfunding), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Reward-based crowdfunding is facilitated for content creators and musicians.
2013San Francisco, California, United StatesUSD 412.1 M––
Equity crowdfunding is enabled for startups and growing businesses.
2010Exeter, Devon, United KingdomUSD 62.86 MUSD 18 M78
Business loans are provided via a P2P marketplace platform.
2015Singapore, SingaporeUSD 241.5 M––
An investment platform offering access to private market investments
2010Washington, District Of Columbia, United StatesUSD 53.73 M––
Equity and revenue-based crowdfunding for startups is enabled.
2012Seongnam-si, Gyeonggi-do, South KoreaUSD 127.7 MUSD 26.57 M–
Funds are raised online for social causes via crowdfunding platform.
2008San Diego, California, United States–––
Creative projects are crowdfunded via a cloud-based platform.
2009Brooklyn, New York, United States–––
Funds are raised online for charities and personal campaigns.
2000London, England, United KingdomUSD 18.56 MUSD 65.24 M108
Online platform for funding solar projects
2015New York, New York, United StatesUSD 503.95 M–30
Residential solar financing is provided to homeowners for rooftop installations.
2011Oakland, California, United StatesUSD 250.46 M––
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Frequently Asked Questions about Dragon Innovation

Dragon Innovation was founded in 2006 and raised its 1st funding round 8 years after it was founded.

Dragon Innovation is headquartered in Lexington, United States. It is registered at Lexington, Kentucky, United States.

Dragon Innovation is a funded company, having raised a total of $2.5M across 3 funding rounds to date. The company's 1st funding round was a Seed of $2.5M, raised on May 2014.

Dragon Innovation was founded in 2006 and is located in Lexington, United States. A specialized crowdfunding platform for hardware products is maintained, focusing on teams developing new innovations. Services include facilitating campaigns where backers support hardware initiatives. Automatic seed funding of 100,000 in convertible debt is extended to qualifying teams that achieve one million dollars in raises on the platform. Operations center on the hardware sector within the crowdfunding industry.

Dragon Innovation has 8 investors. Key investors include Avnet, Lerer Hippeau, FJ Labs, Undercurrent, and Alexa Fund.

Dragon Innovation operates through Dragon Innovation Inc.

Yes. Dragon Innovation was acquired by Avnet in August 2017.

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