Full-Time

Senior/Principal Product Manager

Updated on 3/13/2025

Coast

Coast

51-200 employees

Provides smart fleet cards for businesses

Compensation Overview

$175k - $240kAnnually

+ Signing Bonus + Equity Grant

Senior

New York, NY, USA

Category
Product Management
Product Strategy
Product
Required Skills
Agile
Product Management
Requirements
  • 6-8+ years experience as a software product manager
  • Experience working day-to-day with an engineering team in an agile development framework
  • Product management experience in a complex and regulated industry such as financial services or healthcare
  • Knowledge of modern tools and methods of user research
  • Some technical background to be able to understand and help define API specifications, and preferably some basic coding ability
  • Able to work independently with little oversight or management in a fast-paced, dynamic environment with high-energy and mission-driven colleagues
Responsibilities
  • Gather information from customers and internal Coast stakeholders to discover requirements and drive prioritization, using both quantitative and qualitative methods
  • Ensure that the product roadmap aligns with the company’s OKRs. Define and track metrics to ensure delivery of business value
  • Work with users, stakeholders, and design team to turn requirements into well-defined product features
  • Create detailed user stories and groom them with the engineering team
  • Be deeply involved in the day to day execution of an agile development process, working with engineering to conduct estimating and planning, joining daily team standups to get insight and remove obstacles, and acting as the user proxy to perform acceptance testing
Desired Qualifications
  • Knowledge of the payments and/or mobility ecosystems and value chains preferred

CoastPay provides smart fleet cards designed for businesses with fleet operations, such as delivery and transportation companies. These cards help businesses manage and monitor their fuel spending by allowing them to set spending limits and restrict expenses to fuel only. This control reduces overspending and prevents fuel theft. CoastPay's cards are interchangeable and can be quickly activated or deactivated, enhancing security and convenience for businesses. The company generates revenue through service fees but also offers rebates and cashback, which can lead to significant savings for its clients. CoastPay differentiates itself by providing personalized, US-based support, making it easier for businesses to implement and manage their fleet card systems. The goal of CoastPay is to improve business efficiency and reduce costs associated with fleet management.

Company Size

51-200

Company Stage

Series B

Total Funding

$95.8M

Headquarters

New York City, New York

Founded

2020

Simplify Jobs

Simplify's Take

What believers are saying

  • Coast raised $40M in Series B funding, indicating strong investor confidence.
  • The company grew 10x in revenue and payment volume over 18 months.
  • Integration with Visa enhances Coast's credibility and market reach.

What critics are saying

  • Increased competition from integrated solutions like FleetUp and RoadFlex.
  • 60% of construction companies report wasteful spending and fleet card abuse.
  • Reliance on Visa ties Coast's success to Visa's strategic decisions.

What makes Coast unique

  • Coast offers smart fleet cards with customizable spending limits for businesses.
  • Their platform integrates with telematics for real-time data and improved expense management.
  • Coast provides US-based personalized support, enhancing client experience and system management.

Help us improve and share your feedback! Did you find this helpful?

Benefits

Medical, dental, & vision coverage

Meaningful stock options

Flexible vacation policy

Proudly built in NYC

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
PYMNTS
Sep 29th, 2024
Vcs Think Rate Cuts Could Help Lending Fintechs

Are recent rate cuts good news for venture capitalist (VC) firms in the FinTech space?. A report Sunday (Sept. 29) by TechCrunch says the answer is yes, particularly for those FinTechs that depend on loans to keep cash flowing. Those FinTechs, the report said, include companies that provide fleet cards such as Ramp and Coast, earning money on transaction fees to merchants

Tech Startups
Jul 19th, 2024
Fintech startup Coast raises $40M in funding led by ICONIQ Growth to help companies manage fleet expenses

Fintech startup Coast raises $40M in funding led by ICONIQ Growth to help companies manage fleet expenses.

PR Newswire
Jul 18th, 2024
Coast Raises $40 Million Series B to Accelerate Adoption of Modern Fleet Payments

/PRNewswire/ -- New York-based Coast, which offers a simple and smart way for companies in the United States to manage fuel and fleet spending, today announced...

TechCrunch
Jul 18th, 2024
Fintech Startup Coast Lands $40M Just 4 Months After Its Last $25M Raise

Coast, a startup that describes itself as “a financial services platform for the future of transportation,” has raised $40 million in Series B funding — just four months after announcing a $25 million round, the startup has told TechCrunch exclusively.Back-to-back fundraises were common prior to and during the wild investment days of 2021, but have been much more rare since the VC market downturn in 2022. That makes Coast’s latest haul notable.New York-based Coast compares itself to the likes of Ramp and Brex in that it has developed expense management software for fleet operators and their employees. To that end, and like the aforementioned spend management companies, Coast has created a commercial charge card designed for the businesses that operate vehicle fleets — and that niche focus has served the company well. While Coast declined to divulge hard revenue figures, CEO and founder Daniel Simon told TechCrunch that the startup grew about “10x” in both annualized revenue and payment volume in the last 18 months. (We’ll just offer the obvious caveat that a fast rate of growth could indicate a small initial base.)Coast counts “thousands of businesses” as customers that operate fleets in service industries such as HVAC, plumbing, landscaping and pest control; construction; government fleets; and long-haul trucking — some with just a handful of fleet cards, and others with more than 1,000, the company says. To date, it has issued over 100,000 cards.Image Credits: CoastICONIQ Growth led Coast’s Series B round, which also included participation from existing backers Accel, Insight Partners, Vesey Ventures and Avid Ventures, as well as new investor Thomvest

VC News Daily
Jul 18th, 2024
Coast Raises $40M in Series B

Coast, a company that helps manage fuel and fleet spending, announced it has raised $40 million in a Series B round led by ICONIQ Growth. Existing investors Accel, Insight Partners, Vesey Ventures, and Avid Ventures, along with new investor Thomvest, also participated. Coast aims to transform the US B2B card payments infrastructure, focusing on commercial fleets and vehicles.