Coast, a SaaS-based fleet management system, has secured $92 million in new funding, including $25 million in equity capital and $67 million in debt. Led by CEO Daniel Simon, Coast offers a comprehensive expense management platform for fleet-operating businesses, leveraging mobile technology and vehicle data to streamline payment processes. The funding, supported by existing and new investors like BoxGroup and Vesey Ventures, will fuel product development, integration partnerships, and market expansion efforts, including a collaboration with Visa.
Coast Raises $92 Million In New Capital, Partners With Visa to Expand Financial Tools and Software for Modern Business Fleets
