Coastal Company and Competitor Profiling
Overview
Coastal is a leading Salesforce and AI consultancy firm, founded in 2012 and headquartered at 1 Hammock Beach Pkwy, Palm Coast, FL 32137, United States. The company operates across four continents, including North America, Europe, and Asia, focusing on IT Services and IT Consulting. Coastal distinguishes itself as a preferred partner for businesses seeking comprehensive Salesforce solutions, specifically avoiding common industry barriers such as extensive bureaucracy.
Leadership and Management
Executive Team
- Eric Berridge: CEO, known for his extensive experience in the Salesforce ecosystem and roles as an author and TED speaker.
- Erik Dunnigan: Chief Revenue Officer, responsible for expanding Coastal's market reach.
- Marcia Smith: Chief Financial Officer with a strong financial management background within the IT services industry.
- Jim Stalder: Chief Technology Officer, overseeing technological advancements and strategic IT deployments.
Board of Directors
- Jordan Richards: Chairman of the Board.
- Sara Hale and Tim Hale: Co-founders instrumental in shaping the strategic vision of Coastal.
- Board members include Ryan Harstad, Thomas Healy, and Dan Reardon.
Financial Health and Market Activity
Coastal maintains a healthy financial outlook with a revenue range between $100 million to $1 billion, and recently reported annual revenue of approximately $750 million as of January 2025. Coastal Financial Corporation, identified by the stock symbol CCB, has experienced stock and earnings fluctuations, with recent public offerings enhancing investment opportunities and market interest.
Strategic Partnerships and Initiatives
Coastal is in a strategic alliance with Dave Inc., positioning Coastal Community Bank as a sponsor for Dave's banking products. This partnership highlights Coastal's engagement in innovative financial solutions and transformative banking as a service (BaaS) offerings.
Technology and Innovation
Coastal is dedicated to technology innovation, implementing AI and Data Cloud solutions to drive client success in a rapidly changing economic environment.
Communication and Contact
Coastal primarily uses the email format First.Last@coastal.us with a predominant usage rate of 100%. The company actively engages on LinkedIn for professional networking and client engagement.
Market Position and Competitive Landscape
Coastal competes within various sectors due to its diverse divisions.
Key Competitors
1. Coastal Waste, Inc.:
- Primary Competitors: Waste Connections, Republic Services, Waste Pro.
- Approval Rating: 90%, indicating strong stakeholder satisfaction.
2. Coastal Products Company:
- Competitors: IMS, WestAir Gases & Equipment, Bolt & Engineering Distributors, Eureka.
3. Coastal Sunbelt Produce:
- Top Competitors: Performance Produce, FreshEdge, Sunrise Produce.
4. The Coastal Companies:
- Competitors: Four Seasons Produce.
- CEO: John Corso with a 90% approval rating.
5. Coastal Chem:
- Notable Competitors: Forest Products Holdings LLC, Reddy Ice.
6. Coastal Financial (CCB):
- Main Competitors: Bank OZK, PennyMac Financial Services, Banco Macro.
Strategy
Coastal's subsidiaries face competition from national and regionally focused companies in environmental services, construction, produce distribution, and financial services sectors. With high approval ratings and numerous competitors, Coastal must continue strategic evaluation for maintaining market leadership. Innovations in service delivery, customer satisfaction, and expansion into untapped markets are key to enhancing competitiveness. Utilizing technology and operational efficiencies will optimize resource allocation and market responses across various sectors of operation.
Understanding Coastal's broad competitive landscape enables potential for collaboration, industry benchmarking, and strategic partnerships, aimed at enhancing market share and operational success.
