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VCs double down on fintech Coast, which aims to be the Brex for 'real-world' industries VCs double down on fintech Coast, the 'Brex for real-world industries'

TechCrunchTechCrunch · 8m
VCs double down on fintech Coast, which aims to be the Brex for 'real-world' industries VCs double down on fintech Coast, the 'Brex for real-world industries'

Coast, a fintech startup focused on expense management for businesses with fleet operations, has raised $25 million in equity funding and $67 million in debt financing. The company offers an expense management software and a commercial charge card designed for fleet operators in industries such as trucking, plumbing, and delivery services. Coast's platform provides detailed visibility into employees' spending, integrates with fleet management software, and offers real-time data on vehicle status and location. The funding will be used to expand Coast's capabilities and financial product offerings to fleet operators.

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