C

Coast

Smart fleet cards controlling fuel spending

Head of Partnerships

Full-Time
$190k - $250k/yr+ Performance-based bonus + Equity grant
Expert
New York, NY, USA
HybridNew York City based; must be in-office 3–4 days per week.
Sales & Account ManagementBusiness Development & Partnerships

About the job

Requirements
  • At least 10 years of experience in business development, embedded partnerships, or channel sales, ideally including ownership of distribution as a business with accountability for a number, unit economics, and influence over product, pricing, and packaging.
  • Personally sourced, negotiated, and closed a large embedded or distribution partnership involving an integration, revenue share, joint go-to-market commitments, and a long negotiation with a substantially larger counterparty.
  • Ability to assess a partner's installed base, including reachability, access surfaces, conversion, and ways to improve reach.
  • Experience hiring and leading a partnerships team.
  • Experience working alongside a direct sales organization and preventing channel conflicts over deal credit.
  • Ability to analyze metrics, identify trends, and translate data into operational decisions.
  • Experience using artificial intelligence tools in daily work and interest in expanding their use.
  • Ability to identify opportunities proactively and drive them.
  • Ability to manage multiple partners and workstreams in an organized, process-driven manner.
  • Ability to thrive in ambiguity and build structure to scale a function.
  • Willingness to travel approximately 20% for partner meetings and trade shows.
  • Must be based in New York City and able to work in-office 3–4 days per week.
Responsibilities
  • Own partner-sourced growth, including pipeline, activated vehicles, revenue, customer acquisition cost, and payback.
  • Determine which partner categories merit investment, including telematics and fleet management platforms, vertical and field service software, fleet management companies, resellers, associations, and referral networks.
  • Own partnership commercial models, including revenue shares, referral fees, minimum commitments, incentive structures, and analyses of partnership value before signing.
  • Determine Coast's pricing and packaging when sold within another company's product.
  • Own the full partnership lifecycle, from identifying and originating opportunities through signed agreements.
  • Build executive-level relationships and presentations.
  • Partner with Legal and Finance to negotiate exclusivity, term and termination, data rights, co-branding, service levels, and marketing and sales commitments.
  • Collaborate with Product and Engineering to define integrations.
  • Develop launch plans for new and expanded partnerships, including enablement, training, incentive design, co-marketing, in-product placement, and joint pipeline reviews.
  • Train and enable partner sales teams through on-site trainings, ride-alongs, sales kickoff presence, and field time.
  • Design and test incentives for partner representatives before scaling them.
  • Own the in-product activation funnel with Product and Marketing, covering customer discovery, application, and initial spending.
  • Establish partnership governance with executive sponsors, quarterly business reviews, shared key performance indicators, and an escalation path.
  • Work with Sales leadership to route, work, and compensate partner-sourced demand and coordinate co-selling between Coast account executives and partner representatives.
  • Build attribution, deal registration, referral submission, forecasting, and reporting processes with Revenue Operations and Marketing.
  • Document repeatable processes for onboarding, enablement, co-selling, co-marketing, quarterly business reviews, tiering, and resolving or ending underperforming partnerships.
  • Hire, develop, and lead the partnerships organization as the channel scales.
  • Represent the channel to the executive team and board, presenting a clear perspective and accurate performance data.
Desired Qualifications
  • Experience in fintech, payments, B2B SaaS, or financial services.

About the company

CoastPay provides smart fleet cards for fleets to control and monitor fuel spending. Cards can be configured with per-card spending limits and locked to fuel-only expenses or allowed for other categories, with quick activation, deactivation, and reassignment for security. Revenue comes from service fees, with rebates and cashback offering potential savings, along with personalized US-based support. The system differentiates itself through granular per-employee controls, fast card reassignment, strong security, rewards, and attentive customer support, aiming to reduce fuel waste and theft, streamline fleet card administration, and lower operating costs for fleet-heavy businesses.

Company Size

51-200

Company Stage

Series B

Total Funding

$165.5M

Headquarters

New York City, New York

Founded

2020

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Simplify's Take

What believers are saying

  • July 1, 2026 Fleetio customers can apply for Coast cards without leaving Fleetio.
  • Coast and Fleetio waived transaction fees across Fleetio Maintenance Shop Network on July 1, 2026.
  • ICONIQ Growth led Coast's $40M Series B after a $25M raise four months earlier.

What critics are saying

  • WEX, Motive, and AtoB undercut Coast with broader acceptance and deeper fuel discounts.
  • Coast's 175-person team faces margin pressure from card rewards, waived fees, and partner concessions.
  • Any Fleetio or Visa partnership change would cripple distribution and card acceptance quickly.

What makes Coast unique

  • July 1, 2026 Fleetio embedding lets Coast issue cards and reconcile costs inside Fleetio.
  • Visa acceptance and fuel-plus-maintenance controls separate Coast from single-use fuel-card providers.
  • Coast reported 100,000 cards issued and 10x revenue and volume growth in 18 months.

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Benefits

  • Medical, dental, & vision coverage
  • Meaningful stock options
  • Flexible vacation policy
  • Proudly built in NYC

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

1%

2 year growth

1%
PR Newswire
Jul 1st, 2026
Coast and Fleetio partner to embed fuel and fleet maintenance data in unified workflow

Coast, a spend management platform, and Fleetio, a fleet maintenance platform, have deepened their partnership with an embedded experience that brings fuel transaction data and payment management directly into Fleetio. The integration allows fleet managers to control spending and maintenance operations within a single workflow. The enhanced partnership enables Fleetio customers to apply for and manage Coast cards without leaving the platform. All Coast transactions automatically match to the correct vehicle, driver and cost centre, providing more accurate reporting on miles per gallon and total cost of ownership. Fleetio customers can also use Coast cards across the Fleetio Maintenance Shop Network with waived transaction fees. The integration eliminates the need for manual reconciliation between separate fleet operations and payment systems, giving managers real-time visibility into vehicle costs.

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

TechStartups
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