Tech Company Financing Transactions

Coast Funding Round

Accel Partners, Avid Ventures and Better Tomorrow Ventures joined a $92 million funding round for Coast. This venture round was announced on 3/21/2024.

Transaction Overview

Company Name
Coast
Announced On
3/21/2024
Transaction Type
Debt
Venture Equity
Amount
$92,000,000
Round
Undisclosed
Investors

Accel Partners (Lead Investor)

Avid Ventures (Lead Investor)

Better Tomorrow Ventures (Lead Investor) (Sheel Mohnot)

BoxGroup (Lead Investor)

Insight Venture Partners (Lead Investor)

Silicon Valley Bank

TriplePoint Capital

Proceeds Purpose
The company intends to use the funds to focus on product development, adding new integration partners as well as supporting businesses expenses beyond fuel. The raise will also accelerate its go-to-market capability, including the establishment of a second site in Salt Lake City.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
Post Office Box 483
New York, NY 10014
USA
Phone
(833) 262-7801
Website
www.coastpay.com
Email Address
[email protected]
Overview
We believe fleets deserve better. Fleet owners have lost time and money worrying about wayward purchases and manual spend reports. We're here to change that, using smarter technology to transform how fleets are managed, forever.
Profile
Coast LinkedIn Company Profile
Social Media
Coast Company Twitter Account
Company News
Coast News
Facebook
Coast on Facebook
YouTube
Coast on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Daniel Simon
  Daniel Simon LinkedIn Profile  Daniel Simon Twitter Account  Daniel Simon News  Daniel Simon on Facebook
Chief Operating Officer
Andrew Woolf
  Andrew Woolf LinkedIn Profile  Andrew Woolf Twitter Account  Andrew Woolf News  Andrew Woolf on Facebook

 

 

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Next: 3/21/2024: Cleric venture capital transaction

 

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Where The Data Comes From

We do our best to report on funding rounds that are announced publicly. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 

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