# Race Capital: portfolio, investments and team

> Race Capital is a vc firm based in United States. 42 investments on record, 6 in the last 12 months, latest Oct 2026. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/race-capital (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# Race Capital

Last cheque observed Oct 2026; 42 cheques on record.

Email

VC firm Deploying now Last fund, Feb 2022 Website unconfirmed

Pre-seed Seed Series A Software Nft Decentralization

Follow Race Capital and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Frace-capital)

Deploying now

**50%** of best year **6** **cheques in 12 months**, 42 on record

Since the last cheque **21** days **00** hrs **00** min **00** sec

Median round **$5.8M** Cheque size, as they say **$10K – $7.0M** Rounds led **2 of 42** Sole investor **6 rounds** Mostly in **United States, 82%**

Pitch Race Capital

## Race Capital highlights

- 01 6 cheques in the last 12 months
- 02 Mostly Seed and Venture: 67% of its rounds
- 03 Sole investor in 6 rounds, median $2.0M

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** $10K – $7.0M as they say
- **Stages:** Pre-seed Seed Series A Series B Pre-IPO
- **Sectors:** Software Nft Decentralization
- **Based in:** San Francisco, United States
- **Cold pitches:** Not stated

A website was listed for this organisation, but we could not confirm it belongs to the firm that wrote these cheques. Either the site never mentions them, or it turned out to be a different company sharing the name. We show neither it nor anything read from it. [Tell us the right one](https://millionrounds.com/corrections?slug=race-capital).

## The record

Every round we can evidence, newest first **42 appearances**

- **2026** 6 rounds
- **Oct** **[Opsin](https://millionrounds.com/company/opsin)** Series A · US · The SaaS News **$21M** *Led*
- **Jul** **[SkyPilot](https://millionrounds.com/company/skypilot)** Seed · US **$20M** With 4 others
- **Jun** **[Vision Lab](https://millionrounds.com/company/vision-lab)** Seed · US **$1.1M** With 4 others
- **Jun** **[Architect](https://millionrounds.com/company/architect)** Seed · US **$24M** With 4 others
- **Feb** **[Opaque Systems](https://millionrounds.com/company/opaque-systems)** Series B · US **$24M** With 3 others
- **Jan** **[Moody Pines](https://millionrounds.com/company/moody-pines)** Pre-seed · US **$1.8M** With 2 others
- **2025** 7 rounds
- **Sept** **[DataHive AI](https://millionrounds.com/company/datahive-ai)** Seed · EE **$3.5M** With 3 others
- **Aug** **[Irys](https://millionrounds.com/company/irys)** Series A · US **$10M** With 4 others
- **Jul** **[Commutator Studios](https://millionrounds.com/company/commutator-studios)** Seed · DE **$1.7M** Sole investor
- **Jul** **[AirMDR](https://millionrounds.com/company/airmdr)** Seed · US **$11M** With 2 others
- **May** **[Openlayer](https://millionrounds.com/company/openlayer)** Series A · BR · LatamList **$15M** *Led*
- **May** **[Unbound Security](https://millionrounds.com/company/unbound-security)** Seed · US **$4.0M** With 3 others
- **Jan** **[Solayer](https://millionrounds.com/company/solayer)** Venture · US **$11M** With 3 others
- **2024** 10 rounds
- **Nov** **[Shinami](https://millionrounds.com/company/shinami)** Seed · US **$5.7M** With 2 others
- **Nov** **[PlayAI](https://millionrounds.com/company/playai)** Seed · US **$21M** With 4 others
- **Oct** **[Opsin](https://millionrounds.com/company/opsin)** Venture · US **Undisclosed** With 1 other
- **Oct** **[Persana AI](https://millionrounds.com/company/persana-ai)** Seed · US **$2.3M** With 2 others
- **Oct** **[Nitro Labs](https://millionrounds.com/company/nitro-labs)** Seed · US **$4.0M** With 2 others
- **Sept** **[Huma Finance](https://millionrounds.com/company/huma-finance)** Token sale · US **$28M** With 6 others
- **May** **[Zeta Markets](https://millionrounds.com/company/zeta-markets)** Token sale · GB **$5.0M** With 4 others
- **May** **[Unify](https://millionrounds.com/company/unify)** Seed · US **$8.0M** With 4 others
- **Jan** **[Clerk Chat](https://millionrounds.com/company/clerk-chat)** Seed **$7.0M** With 2 others
- **Jan** **[Clerk AI](https://millionrounds.com/company/clerk-ai)** Seed · US **$7.0M** With 2 others
- **2023** 2 rounds
- **May** **[Moonsense](https://millionrounds.com/company/moonsense)** Seed · US **$4.2M** With 3 others
- **Jan** **[PolySign](https://millionrounds.com/company/polysign)** Venture · US **Undisclosed** With 1 other
- **2022** 11 rounds
- **Dec** **[Dragonfly Automation Software](https://millionrounds.com/company/dragonfly-automation-software)** Series A **$13M** Sole investor
- **Nov** **[Airtrain AI](https://millionrounds.com/company/airtrain-ai)** Seed · US **$3.2M** With 3 others
- **Oct** **[Martian](https://millionrounds.com/company/martian)** Pre-seed · US **$3.0M** With 1 other
- **Oct** **[Ottr Finance](https://millionrounds.com/company/ottr-finance)** Pre-seed · US **$3.1M** With 1 other
- **Oct** **[Polymaker](https://millionrounds.com/company/polymaker)** Venture · NL **Undisclosed** With 1 other
- **Jul** **[Umami](https://millionrounds.com/company/umami)** Pre-seed · US **$1.5M** Sole investor
- **May** **[OtterTune](https://millionrounds.com/company/ottertune)** Series A · US **$12M** With 1 other
- **Apr** **[Hedge Labs](https://millionrounds.com/company/hedge-labs)** Seed · US **$3.7M** With 3 others
- **Mar** **[Kado](https://millionrounds.com/company/kado)** Seed · US **$5.4M** With 2 others
- **Mar** **[Notifi](https://millionrounds.com/company/notifi)** Pre-seed · US **$2.5M** With 1 other
- **Jan** **[Allbridge](https://millionrounds.com/company/allbridge)** Seed · SG **$2.0M** Sole investor
- **2021** 5 rounds
- **Dec** **[Scarf](https://millionrounds.com/company/scarf)** Venture · US **$5.3M** With 1 other
- **Nov** **[Solend](https://millionrounds.com/company/solend)** Token sale · US **$26M** With 5 others
- **Oct** **[Social Chat](https://millionrounds.com/company/social-chat)** Seed · US **$6.2M** With 1 other
- **Sept** **[Nanochap](https://millionrounds.com/company/nanochap)** Venture · AU **Undisclosed** Sole investor

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **5 named**

AC **Alfred Chuang** Managing Partner i Form ADV

CR **Christopher Ryan Mccann** Managing Member i Form ADV

EY **Edith Yeung** MANAGER OF GENERAL PARTNER i Filing they signed

KB **Kelly Belinda Cheng** Chief Compliance Officer / Chief Financial Officer i Form ADV

PS **Pu San Yeung** Managing Member i Form ADV

We also hold **8** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**$449M** gross assets of its funds Oct 2026

**Exempt** reporting adviser venture or small private funds

- **Legal name:** RACE Capital Management Company, L.L.C.
- **SEC number:** CRD 324710

Latest fund on file

**Raised**

a fund in Feb 2022

From its SEC filing. Nothing newer is on file yet.

## The cheque

Pre-seed Seed Series A

Median round joined **$5.8M** the round, not its cheque Alone, median **$2.0M**

Led 2 of 42 rounds **5%**

- **Said size:** $10K – $7.0M
- **Sole investor:** 6 rounds
- **Last cheque:** Oct 2026

Rounds by stage said on their site

- Seed said *22*
- Venture *6*
- Pre-seed said *5*
- Series A said *5*
- Token sale *3*
- Series B said *1*
- Pre-IPO said *-*

Cheques by month Led Joined

Dec 2023 Nov 2026

Often in the room with

- [Y Combinator](https://millionrounds.com/fund/y-combinator) 8
- [500 Global](https://millionrounds.com/fund/500-startups) 3
- [Pioneer Fund](https://millionrounds.com/fund/pioneer-fund-2) 3
- [Solana Ventures](https://millionrounds.com/fund/solana-ventures) 3
- [Soma Capital](https://millionrounds.com/fund/soma-capital) 3
- [6th Man Ventures](https://millionrounds.com/fund/6mv) 2

**Pitching Race Capital?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

The investors most often in the same rounds as Race Capital. A count of rooms they were both in, not a relationship either has claimed.

[**Y Combinator** Accelerator **8** rounds together](https://millionrounds.com/fund/y-combinator)[**500 Global** Angel **3** rounds together](https://millionrounds.com/fund/500-startups)[**Pioneer Fund** Private equity **3** rounds together](https://millionrounds.com/fund/pioneer-fund-2)[**Solana Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/solana-ventures)[**Soma Capital** VC firm **3** rounds together](https://millionrounds.com/fund/soma-capital)[**6th Man Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/6mv)[**Altair Capital** Private equity **2** rounds together](https://millionrounds.com/fund/altair-capital-2)[**Amber Group** VC firm **2** rounds together](https://millionrounds.com/fund/amber-group)[**Borderless Capital** Accelerator **2** rounds together](https://millionrounds.com/fund/borderless-capital)[**Coinbase Ventures** Corporate VC **2** rounds together](https://millionrounds.com/fund/coinbase)[**Foothill Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/foothill-ventures)[**Gaingels** Private equity **2** rounds together](https://millionrounds.com/fund/gaingels)

## Recently backed

The latest companies Race Capital put money into.

[**Opsin** $21M · Oct 2026](https://millionrounds.com/company/opsin)[**SkyPilot** $20M · Jul 2026](https://millionrounds.com/company/skypilot)[**Vision Lab** $1.1M · Jun 2026](https://millionrounds.com/company/vision-lab)[**Architect** $24M · Jun 2026](https://millionrounds.com/company/architect)[**Opaque Systems** $24M · Feb 2026](https://millionrounds.com/company/opaque-systems)[**Moody Pines** $1.8M · Jan 2026](https://millionrounds.com/company/moody-pines)

## On podcasts

1 episode naming Race Capital in the title, and 1 more that mention it.

- [Village Global Podcast](https://millionrounds.com/podcasts/village-global) 1 Oct 2020 · 48 min Investing During the Global Crisis with Alfred Chuang and Chris McCann of Race Capital With [Alfred Chuang](https://millionrounds.com/person/alfred-chuang)[Chris McCann](https://millionrounds.com/person/chris-mccann) Mentions [Race Capital](https://millionrounds.com/fund/race-capital) Apple PodcastsShow page

### Mentioned in

- [The Full Ratchet](https://millionrounds.com/podcasts/full-ratchet) 20 Mar 2021 · 57 min 274. The Next Generation of Tech & Venture Capital from the Perspective of a Unicorn Founder Turned GP (Alfred Chuang) Apple PodcastsShow page

## Quick answers about Race Capital

### What does Race Capital invest in?

Race Capital invests most often at Seed and Venture (67% of the rounds on record), in sectors such as Software, Nft and Decentralization.

### How active is Race Capital?

42 investments on record, 6 of them in the last 12 months, and it led 2. The most recent was in Oct 2026.

### What has Race Capital invested in recently?

Its most recent investments on record: Opsin (Series A, Oct 2026), SkyPilot (Seed, Jul 2026) and Vision Lab (Seed, Jun 2026).

### How big are Race Capital's cheques?

The median round it joins is $5.8M. It says it writes cheques of $10K to $7.0M.

### Does Race Capital lead rounds?

Sometimes: it led 2 of its 42 investments on record (5%).

### Where does Race Capital invest?

Most of the companies it backs are in the United States (82%).

### Is Race Capital investing now?

Yes: it is actively investing, with 6 investments in the last 12 months.

### Who does Race Capital invest alongside?

Most often Y Combinator (8 rounds together), 500 Global (3 rounds together) and Pioneer Fund (3 rounds together).

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