Kozmo.com was a venture capital–funded online company that promised free one-hour delivery of "videos, games, DVDs, music, mags, books, food, basics and more"[1] and Starbucks coffee in several major cities in the United States.

[5] The company countered in part that, in their target markets, savings due to not needing to rent space for retail stores would exceed delivery costs.

Kozmo denied that race played any part in its decision on what zip codes to deliver to, saying it chose market areas based primarily on Internet penetration rates.

[13] While popular with college students and young professionals,[14] the company failed soon after the burst of the dot-com bubble, laying off its staff of 1,100 employees and shutting down in April 2001.

In April 2005, former CTO Chris Siragusa launched MaxDelivery, a Kozmo-like service in downtown Manhattan specializing in the delivery of food, wine, DVDs and essentials, and is still in business as of November, 2018.

[19] Yong Kang, former co-founder, returned to Wall Street, and as of June 2008 listed his occupation as investment banking at Lehman Brothers (now Barclays Capital).