INTU · News · 20261022N
Acquisition / Partnership / Divestiture
INTUIT INC. · 2026-10-22 · Importance 34 · Surprise 42 · In source text
Intuit Ventures joined a $35 million growth-equity financing round for Coast, a financial platform serving the physical economy. Coast plans to use the proceeds to expand customer reach, invest in AI-powered expense automation, launch Bill Pay and Accounts Payable products, and develop embedded partnerships with fleet and field-service platforms. The report does not disclose Intuit’s individual investment amount or ownership percentage.
Key facts
- Intuit Ventures was a new investor in Coast's $35 million growth equity funding round announced on October 22, 2026. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | committed | — | Intuit Ventures was a new investor in Coast's $35 million growth equity funding round announced on October 22, 2026. |
| assets | positive | committed | — | Intuit Ventures was a new investor in Coast's $35 million growth equity funding round announced on October 22, 2026. |