← State of Embedded Finance 2026

Coast

Can a fleet fuel card with GPS-integrated fraud controls and tight accounting integrations become the complete financial operating system for SMB field-service businesses?

HQNew York, New York, United States
Latest roundSeries B
IndustryVertical SaaS / Fleet & Fuel Management
The story

Coast launched as a fleet fuel card fintech targeting SMB fleet operators in trade verticals (HVAC, construction, plumbing, etc.), issuing Visa commercial charge cards through Celtic Bank. The company has since expanded beyond fuel-only cards to a combined fuel card, corporate card, and expense management platform — positioning itself as the financial OS for field-service businesses. Integration with telematics (Samsara, Verizon Connect) and accounting systems (NetSuite, Sage Intacct) reflects a move toward deeper workflow embedding rather than a standalone payment product.

Last 12 months
2025-10
2025-12
Product timeline
2023
Raised Seed round backed by Y Combinator and launched fleet fuel card product on Visa network issued through Celtic Bank.· card
2024
Raised Series A led by Vesey Ventures; expanded card controls and expense management platform.· banking
2025
Expanded to corporate cards and full expense management, targeting HVAC, solar, plumbing, transportation, construction, and landscaping verticals.· pivot
2025
Launched Coast Rewards program offering rebates of up to 9¢ per gallon and 1% cash back on non-gas purchases.· banking
The stack
KYC
Alloy
Sponsor bank
Celtic Bank
Accounting
NetSuiteSage IntacctQuickBooksXero
Accounting gap: minor