# Daniel Simon

> Daniel Simon is the founder and CEO of Coast, a New York fintech rebuilding the way commercial fleets pay for fuel, maintenance, and everything else that keeps work trucks moving. A software engineer turned Yale-trained lawyer, he co-founded the consumer lender Bread (sold for over $500M in 2020) before turning his attention to plumbers, HVAC installers, and landscapers - the 'real-world' businesses he felt a decade of fintech had ignored. Coast has raised more than $200M from ICONIQ Growth, Accel, Insight Partners, and Synchrony, and runs on Visa rails with an SMS-based driver authentication system that works on flip phones.

- **Role:** Founder and CEO at Coast
- **Organizations:** Coast (K-Dimensional Holdings Inc.), Bread, Yale Law School, Boston University
- **Nationality:** American
- **Education:** J.D./M.B.A., Yale Law School / Yale School of Management, B.A. in International Relations, Boston University
- **Known for:** Co-founded Bread, sold for over $500 million in 2020, Founded Coast and raised more than $200 million in total funding, Built a fleet payments platform with a Net Promoter Score around 70 in a category where incumbents score negative

## Career timeline

- **pre-2011** — Software engineer and architect building trading and data systems for Wall Street banks, asset managers, and hedge funds
- **2011-2014** — Earned a joint J.D./M.B.A. from Yale Law School and Yale School of Management
- **2014** — Co-founded Bread with Josh Abramowitz while still a student; served as CTO and COO
- **2020** — Bread sold to Alliance Data Systems for over $500 million
- **2020** — Founded Coast, with former Lyft executive Andrew Woolf, to build the financial platform for the future of transportation
- **2021** — Raised $6M oversubscribed seed led by Better Tomorrow Ventures; launched commercial fuel charge card
- **2022** — Raised $40M Series B led by ICONIQ Growth, with strategic investment from Synchrony
- **2024** — Raised $92M in new capital and partnered with Visa; opened a second headquarters in Utah
- **2025** — Launched first all-in-one card and expense platform built exclusively for fleet businesses

## Achievements

- Co-founded Bread, sold for over $500 million in 2020
- Founded Coast and raised more than $200 million in total funding
- Built a fleet payments platform with a Net Promoter Score around 70 in a category where incumbents score negative
- Grew Coast revenue more than tenfold in 18 months
- Pioneered SMS-based driver authentication and telematics-linked transaction controls on open-loop Visa rails

## Latest updates

- **2025-07** — Coast launched its first all-in-one card and expense platform built exclusively for fleet businesses.
- **2024-03** — Coast raised $92M in new capital and partnered with Visa to expand financial tools for business fleets.

## Links

- Website: https://coastpay.com
- LinkedIn: http://www.linkedin.com/in/danielksimon
- Twitter/X: https://twitter.com/coastpayments
- Facebook: https://www.facebook.com/CoastPay

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Profile page: https://yespress.io/daniel-simon
Published by YesPress — https://yespress.io
Last updated: 2026-06-04