Racer

Closed

15-minute food delivery

New York, United States · Founded 2020 · $500K raised

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

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

Racer is a Delivery company based in New York, United States, founded in 2020. It has raised $500K in total across 1 round, most recently a $500K Seed round in Jan 2025. Investors include MPG Ventures and Mehta Ventures.

Funding History

SeedSeed RoundJan 2025
$500K

Investors

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