Coast raised $92 million in funding, partnering with Visa to expand financial tools and software for modern business fleets.
Amount Raised
$92 Million
Round Type
Funding Round
United StatesOtherFinancial ServicesCommerce And ShoppingInvestors
Description
Coast has announced a new funding round of $92 million, including $25 million in equity capital led by existing investors such as BoxGroup, Avid Ventures, Accel, Insight Partners, and Better Tomorrow Ventures, as well as new investor Vesey Ventures. Additionally, the company secured $67 million in committed debt capital from Silicon Valley Bank and TriplePoint Capital. The funding will be used to expand financial tools and software for modern business fleets through a partnership with Visa.
Quick answer
Coast raised $92 Million in a Funding Round round, dated March 21, 2024. Investors: Triple Point Capital, Silicon Valley Bank, Vesey Ventures, Better Tomorrow Ventures, Insight Partners, Accel, Avid Ventures and BoxGroup. Coast is based in United States.
- How much did Coast raise?
- Coast raised $92 Million in a Funding Round round on March 21, 2024.
- Who invested in Coast?
- Triple Point Capital, Silicon Valley Bank, Vesey Ventures, Better Tomorrow Ventures, Insight Partners, Accel, Avid Ventures and BoxGroup are named as investors in this round.
- What does Coast do?
- Coast is re-imagining the trillion-dollar US B2B card payments infrastructure, with a focus on the country's 500,000 commercial fleets, 40 million commercial vehicles, and many million commercial drivers.
- Where is Coast based and how big is it?
- Coast is based in United States. Fundz records about 181 employees.
- Who are the decision-makers at Coast?
- Fundz holds 1 contact at Coast. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Commerce And Shopping around the same time
Companies in the same sectors as Coast that raised within 45 days of this round, from Fundz verified event records.
Who to call at Coast, and when
A new round usually means Coast is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Coast raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Coast, from your own LinkedIn network
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