Fleet Payment Platform Coast Secures $40 Million in Series B Funding Round

Coast, a leading innovator in fleet and fuel payment solutions, is excited to announce the successful completion of a $40 million funding round aimed at expanding its transformative impact on the transportation industry. With the mission of making fleet and fuel payments more efficient and accessible, Coast offers a fair, flexible payment card that redefines the way businesses manage their spending. By providing an easy-to-use platform where fleet managers can effortlessly control and track expenses, Coast ensures that companies can optimize their operations without the hassle of traditional payment methods. This latest investment will enable Coast to enhance its technology, broaden its market reach, and develop advanced features that cater to the evolving needs of its customers. The funds will also support the expansion of its team, ensuring that Coast continues to deliver exceptional service and innovative solutions. As the demand for streamlined, transparent, and manageable payment systems grows within the logistics sector, Coast is well-positioned to lead the charge in revolutionizing fleet management with efficiency and simplicity at its core. With this funding, Coast not only solidifies its commitment to driving progress in fleet solutions but also aims to set new standards for fuel and fleet payments, ensuring that every business can thrive in an increasingly competitive landscape. With this fresh capital, Coast is gearing up to change the way businesses interact with their fleets—making payments that are not just easy, but also fair and flexible.