Indexed logomarkindexed.vc

Racer

Closed

Racer is a delivery company in New York, United States, founded in 2020. It has raised $500K across 1 round, most recently a $500K Seed in 2025 (est.).

15-minute food delivery

Delivery
Food & Beverage
YC S20
Suggest a correction
Headquarters
New York, New York
Employees
1–10
Founded
2020
Business Model
B2C
Website
racer.app
Total Funding
$500K
Last Round
$500K SeedJan 2025
Rounds
1

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

Indexed holds 1 funding round and 2 investors for this company. The full record is or through the API.

About

Racer (racer.app) was a New York City-based 15-minute food and grocery delivery startup founded by Jeung Park and backed by Y Combinator's Summer 2020 batch. The company operated rapid-delivery fulfillment out of Brooklyn and Queens, promising 15-minute delivery windows for food and convenience items in a market that also included competitors such as JOKR, Buyk, Fridge No More, and 1520. Racer's Y Combinator team size was listed at 7 employees, based in New York, NY. As of this research, Racer's Y Combinator profile shows a status of 'Inactive' and racer.app no longer resolves, consistent with the broader wave of ultra-fast grocery/food delivery shutdowns that swept NYC starting in late 2021 amid rising operating costs and intense competition.

Summary

It lists 1–10 employees. It has raised $500K in total across 1 round, most recently a $500K Seed round in 2025 (est.). Investors include MPG Ventures and Mehta Ventures.

Funding History

Data from Indexed.vcUpdated
SeedSeed Round2025 (est.)
$500K

Investors

MPG Ventures

Lead

1 round

Mehta Ventures

1 round

Similar Companies

SwiggyIPO

Swiggy is India's leading on-demand convenience platform providing food delivery, quick commerce ...

Bengaluru, India10001+Delivery, E-Commerce
Series G+Total funding$3.2BJan 2022
DoorDashIPO

DoorDash lets customers order food, groceries, and retail goods for same-day delivery or pickup f...

San Francisco, United States5001–10000Delivery, E-Commerce
Series G+Total funding$2.4BJun 2020
Rebel Foods

Operates cloud kitchens and multiple internet-restaurant brands, providing tech-enabled kitchen i...

Mumbai, India5001–10000Delivery, Food & Beverage
Venture RoundTotal funding$788.3MAug 2025
Market Kurly

Market Kurly is a food delivery and logistics platform that enables users to order food via the w...

Seoul, South Korea201–500Delivery, E-Commerce
Series G+Total funding$764.0MMay 2023
Misfits Market

Imperfect Foods delivers discounted produce, pantry staples, and other groceries sourced to reduc...

Los Angeles, United States201–500Agtech, Delivery
Series CTotal funding$526.5MSep 2021
Karma Kitchen

Karma Kitchen provides fully fitted commercial kitchens to rent across six inner-London locations...

London, United Kingdom11–50Delivery, Food & Beverage
Series ATotal funding$318.0MJul 2020

Your company? Embed this profile

Add the live badge to your site — it stays current as your funding data updates.

Racer on Indexed.vc
<a href="https://indexed.vc/companies/racer"><img src="https://indexed.vc/api/badge/company/racer" alt="Racer on Indexed.vc" width="260" height="76" /></a>