Coast, which offers a simple and smart way for companies to control fuel and fleet spending, announced it has raised $27.5 million in Series A financing led by Accel and Insight Partners. The round includes participation from existing investors Avid Ventures, Better Tomorrow Ventures, and BoxGroup, as well as a number of prominent angels.

The company is backed by founders of Affirm, Convoy, Flexport, Marqeta, Plaid, Socure, and others. Amit Kumar from Accel will be joining Coast's Board of Directors, and Rebecca Liu-Doyle from Insight will join the Board as an observer. The company also announced its collaboration with Visa to launch a Visa Fleet card program, enabling Coast Visa Fleet cardholders to make payments at North American merchants wherever Visa is accepted.