About K1Speed
K1Speed is a company based in Irvine (United States) founded in 2003 by Susan Danglard.. K1Speed has completed 3 acquisitions, including Autobahn Indoor Speedway, Capital Karts and Enjoytherace. K1Speed offers products and services including Indoor Kart Racing and Event Hosting.
- Headquarter Irvine, United States
- Founders Susan Danglard
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Sectors
Travel & Hospitality
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Phone
*********
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Website
*********
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Social
*********
- Legal Name K1speed Inc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Verlinvest
& 1 more
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Employee Count
Employee Count
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Investments & Acquisitions
Autobahn Indoor Speedway
& 2 more
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Products & Services of K1Speed
K1Speed offers a comprehensive portfolio of products and services, including Indoor Kart Racing and Event Hosting. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Indoor kart racing experiences are provided for adults and juniors at various tracks
Hosting of parties and corporate events is offered with catering and equipped rooms
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Funding Insights of K1Speed
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
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First Round
First Round
(04 Oct 2011)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2024 | Amount | Seed - K1Speed | Valuation | Verlinvest |
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| Oct, 2011 | Amount | Debt – Conventional - K1Speed | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in K1Speed
K1Speed has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Verlinvest and Praesidian Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Single family office of a Belgian family focused on multiple industries
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Founded Year | Domain | Location | |
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Praesidian Capital is focused on private equity investments in lower middle market businesses.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by K1Speed
K1Speed has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Autobahn Indoor Speedway, Capital Karts and Enjoytherace. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Event management services for indoor speedway activities are provided.
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2013 | ||||
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Amusement park equipment is supplied by Capital Karts globally.
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2012 | ||||
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Enjoytherace is based in Sacramento, United States, with domain enjoytherace.com.
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0 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - K1Speed
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
K1speed Comparisons
Competitors of K1Speed
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about K1Speed
When was K1Speed founded?
K1Speed was founded in 2003 and raised its 1st funding round 8 years after it was founded.
Where is K1Speed located?
K1Speed is headquartered in Irvine, United States. It is registered at Irvine, California, United States.
What does K1Speed do?
K1 Speed was founded in 2003 in Irvine, United States, within the entertainment sector focused on indoor karting. Operations include arrive-and-drive races, challenge GP, world championships, birthday parties, group outings, and drift night events. Facilities such as tracks, a Paddock Lounge café, private meeting rooms, and game areas are provided at various locations across the country.
What products or services does K1Speed offer?
K1Speed offers Indoor Kart Racing and Event Hosting.
How many acquisitions has K1Speed made?
K1Speed has made 3 acquisitions, including Autobahn Indoor Speedway, Capital Karts, and Enjoytherace.
Who are K1Speed's investors?
K1Speed has 2 investors. Key investors include Verlinvest, and Praesidian Capital.