Fortune Term Sheet· Camila Grigera Naón·2026-10-22 21:00· 2 hours agoTop DealsAI Score62

Coast raises $35M growth round led by Thomvest to track company card spending

Fintech startup Coast raises $35 million to better track what workers do with company credit cards

AI Overview

Coast, a New York fintech founded in 2020 by Daniel Simon, raised a $35 million growth equity round led by Thomvest Ventures.

Why it matters

The round shows how card-linked spending controls are being sold to skilled-trade businesses, a market Coast sizes at $120 billion.

Source:Fortune Term Sheet · fortune.com

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