Tech Company Financing Transactions

Coast Funding Round

Coast, based in New York, secured $27.5 million from Accel Partners, Insight Venture Partners and Avid Ventures.

Transaction Overview

Company Name
Announced On
3/2/2022
Transaction Type
Venture Equity
Amount
$27,500,000
Round
Series A
Investors

Accel Partners (Lead Investor)

Insight Venture Partners (Lead Investor)

Avid Ventures

Better Tomorrow Ventures (Sheel Mohnot)

BoxGroup

Fintech

Flexport

private investors (Itai Damti)

private investors (Jason Gardner)

private investors (Laura Spiekerman)

private investors (Max Levchin)

private investors (Ryan Petersen)

private investors (Tommy Nicholas)

private investors (William Hockey)

Proceeds Purpose
Coast plans to use the funding toward expanding the platform's capabilities and offer a wider range of financial products to fleet operators.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
Post Office Box 483
New York, NY 10014
USA
Email Address
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


 

 

Browse more venture capital transactions:

Prev: 3/2/2022: California Catalysts venture capital transaction
Next: 3/2/2022: Diality 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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