Coast

Enterprise, Fintech

Venture Capitalists increase investments in fintech Coast, with the goal of becoming the “Brex” for traditional industries.

VCs double down on fintech Coast, which aims to be the Brex for ‘real-world’ industriesThe expense management arena is a crowded one, with well-funded players such as Brex, Ramp and Navan all clamoring for market share. While Coast declined to divulge hard revenue figures, CEO Simon told TechCrunch that it saw about 550% increase in annualized revenue and payment volume growth in 2023. That growth prompted its existing investors to double down on the company, while attracting a new backer as well. Today, Coast is announcing that it has raised an additional $25 million in venture capital and $67 million in debt financing. Sign up for TechCrunch Fintech here.

Kira Kim
March 21, 2024

Uncategorized

“Exciting News: $2,400 CNC Mill Coming Soon from Coast Runner!”

Coast Runner, is a new entrant in the desktop CNC milling industry, promising to make the technology accessible to everyone, from professionals to hobbyists. Coast Runner is breaking down the barriers of traditional CNC milling with a focus on power, compact size, and most importantly, education. Moreover, Coast Runner is developing a bounty board system where users can pay others to create designs or mill parts if they lack the necessary skills. The Coast Runner machine is aiming to be both affordable and powerful. “We are making one of the most powerful desktop CNC machines you’ll find in the marketplace.