Coast

Payments platform & fuel card for fleets

Coast logo
21-100 employees
  • Fintech
  • B2B
  • Transport
  • Payments
  • Credit cards
SoHo, New York, NY

Company mission

Coast's mission is to make fleet management easy.

Our take

In recent years, companies like Ramp, Brex, Divvy, and others have emerged to provide easier ways for companies to allow their employees to pay for job-related expenses through corporate cards. However, none of these services really work for businesses operating automobile fleets - approximately 10% of B2B card spend in the US.

That’s where Coast comes in, offering a modern card issuing expense solution specifically built for fleets. The Coast card meets the demands of fleets-specific controls, security, and visibility, contributing to preventing fraud and unauthorized use. Its platform allows fleet managers to visualize spend, block or flag transactions for review, and set their own rules for card holders.

With back-to-back funding rounds awarded in 2024, Coast has been focused on expanding its team and the platform’s capabilities, offering a wider range of financial products - including parking, maintenance, and other on-the-road expenses on top of just fuel. Its Visa Fleet card program, which enables Coast Visa Fleet cardholders to make payments wherever Visa is accepted, makes it an attractive option in the market as fleet management continues to modernize.

Freddie headshot

Freddie

Company Specialist at Welcome to the Jungle

Benefits

  • Medical, dental, and vision coverage
  • Flexible vacation policy
  • Meaningful stock options

Funding (last 2 of 4 rounds)

Jul 2024

$40m

SERIES B

Mar 2024

$25m

EARLY VC

Total funding: $98.5m

This company has top investors

Leadership

Previously co-founded consumer finance startup Bread, which sold to Alliance Data Systems for over $500 million in 2020.

Jobs (6)

All locations

Software Engineering