Startup profile · funding coverage
Coast funding, valuation and investors
Cards, expense management and vendor payments for businesses with vehicles and field teams.
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Funding, valuation & investors
Answer-first snapshotLatest funding
Growth equity
$35M · October 22, 2026
Latest known valuation
Not publicly disclosed
Total disclosed equity funding
$75M
Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.
Current status
private
growth
Investors in latest funding
Lead: Thomvest Ventures
Other: Intuit Ventures , Small World Capital , Alpha Square Group , ICONIQ Growth , Accel , Insight Partners , Better Tomorrow Ventures , Avid Ventures , Vintage Investment Partners , Colle Capital , Synchrony , RXR , The Fintech Fund
Overview
Coast is a U.S.-focused financial technology platform for construction, HVAC, plumbing, transportation and other field businesses. Led by founder and CEO Daniel Simon, it combines fuel and corporate cards, spending controls, expense management, accounting integrations and Bill Pay. On October 22, 2026, it announced $35M in growth equity led by Thomvest Ventures, with Intuit Ventures, Small World Capital and Alpha Square Group joining as new investors. The company did not disclose a valuation or a lettered round designation. Coast's cards and expense-management pricing lists $4 per active user per month; Bill Pay has a separate $99 monthly platform fee plus applicable transaction charges.
Why Coast is interesting
Coast's $35M growth-equity financing backs its expansion from fuel cards into vendor invoices and broader field-business spending. Its existing QuickBooks integration makes new investor Intuit Ventures strategically relevant, while published pricing shows how customers pay for the software.
Product & use cases
Coast lets an employer set card limits, review purchases by driver or vehicle, capture receipts, and sync transactions to accounting and field-service software. Its Bill Pay product captures invoices, routes approvals and records vendor payments in QuickBooks Online. These capabilities are described by the company; customer outcomes vary.
- Give field workers controlled access to fuel, parking and other business purchases.
- Associate expenses with vehicles, drivers and jobs, then sync records to accounting software.
- Capture supplier invoices, obtain approvals and pay vendors through Bill Pay.
Key facts
- $35M growth-equity financing announced October 22, 2026, led by Thomvest Ventures.
- New investors include Intuit Ventures, Small World Capital and Alpha Square Group.
- Published software pricing: $4 per active card user monthly; separate Bill Pay platform fee of $99 monthly, with applicable additional fees.
Funding history (newest first)
Growth equity
2026-10-22 $35M- Thomvest Ventures (lead)
- Intuit Ventures (participant)
- Small World Capital (participant)
- Alpha Square Group (participant)
- ICONIQ Growth (participant)
- Accel (participant)
- Insight Partners (participant)
- Better Tomorrow Ventures (participant)
- Avid Ventures (participant)
- Vintage Investment Partners (participant)
- Colle Capital (participant)
- Synchrony (participant)
- RXR (participant)
- The Fintech Fund (participant)
Source: Read source · coastpay.com
Series B
2024-07-18 $40MSource: Read source · getcoastcard.com
Equity and committed debt package
2024-03-21 $92M combined equity and committed debtSource: Read source · coastpay.com
Investors in our directory
Funds linked from Coast's profile — open a fund page for stage focus and related deal articles.
Competitive landscape
Coast competes on industry-specific controls and integrations alongside the convenience of a card-based spending platform. Its broader Bill Pay strategy depends on customer adoption, reliable accounting synchronization and service economics. A 2022 company-hosted Cam Energy testimonial reports $1,600 monthly savings from fees and downtime, but it is historical and not an independent audit.
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Piston alternative
Cardless fleet-fuel payments tied to the driver and vehicle; acceptance depends on its own merchant network.
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Terminal adjacent
Unifies vehicle telematics data for insurers and fleet services; an infrastructure comparison, not a corporate card provider.
Industries
Market / IPO context
Editorial / static context — not a live quote.
Related funding articles
Venture Capital Tracker pieces that cover Coast's financing or category context.
FAQs about Coast
Practical answers founders, operators, and investors typically search for.
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Editorial note: AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.