Midtown Atlanta, September 13, 2025
News Summary
Atlanta-based fintech Speedchain Inc. closed a $111 million mixed equity and debt financing to expand its commercial card and expense-management platform for construction and project-driven industries. The round includes debt from Community Investment Management and equity from multiple venture and institutional investors. Proceeds will accelerate go-to-market efforts, product innovation, national expansion, and lending capacity tied to the card program. Speedchain’s platform offers job-level visibility, AI-powered receipt processing, approval workflows, accounting integrations, and rewards optimization. Headquartered in Midtown Atlanta, the company has just under 40 employees and is actively hiring across engineering, finance, marketing, and sales.
Atlanta fintech Speedchain raises $111 million to scale construction-focused commercial card and expense platform
Speedchain Inc., an Atlanta-based fintech building commercial card programs and expense-management tools for construction and other project-driven industries, announced a new capital infusion of $111 million on Sept. 9, 2025. The financing combines equity and debt and is intended to accelerate national expansion, product development and the company’s go-to-market efforts.
Key details first
The round totals $111 million, with an undisclosed split between equity and debt. The debt portion is provided by Community Investment Management (CIM), a San Francisco-based private credit impact manager. Named equity backers include GTM Fund, Village Global, TTV Capital, K5 Global, Tandem Ventures and Emigrant Bank.
Why it matters
The company says the capital will be used to speed national rollouts, deepen product innovation and modernize financial workflows for contractors and other teams that run projects. The debt component is being targeted to grow the business’s lending capabilities, which are tied to the commercial card program and project financing tools.
Leadership and partnerships
Speedchain is led by CEO Daniel Cage. The company added Dennis Lyandres, formerly a chief revenue officer at technology firms in the construction and data spaces, to its board of directors as part of the announcement. Speedchain also announced a national partnership with the construction industry’s largest trade association, under which the company will be the association’s commercial card solution for members.
Product and market focus
Speedchain’s platform aims to connect frontline spending with back-office finance, purpose-built for construction and other project-driven work. Key platform capabilities highlighted by the company include:
- AI-powered receipt management to reduce manual data entry from the field.
- Enhanced export and approval flows so project managers and superintendents can approve expenses that map to monthly budgets in near real time.
- End-to-end visibility into project-level spending and corporate expense processing.
- Seamless integrations with accounting and ERP systems to shorten reconciliation cycles.
- Reward optimization through a commercial card program offered on Mastercard’s World Elite network.
Scale, hiring and operations
Speedchain’s team is mainly concentrated in Atlanta, working from a Midtown office. The company has just under 40 employees and is recruiting for roles in engineering, finance, marketing and sales. Leadership indicated an active pipeline of technical talent from local universities will feed growth.
Investor perspective and context
Investment partners were positioned to support the company’s product roadmap and expansion into a market that executives say has been underserved by general-purpose financial tools. The mix of strategic equity backers and a specialized impact credit provider is designed to fund both product development and lending-related operations.
What’s next
With the new capital, Speedchain plans to scale sales and marketing to reach contractors nationwide, accelerate feature development—particularly around field-to-office automation and AI insights—and expand lending support tied to its card program. Management expects the combination of a dedicated card product on a major network and deeper expense automation to reduce month-end reconciliation work and give project teams more timely cost visibility.
Frequently Asked Questions
What did Speedchain raise and when?
Speedchain raised a total of $111 million, announced on Sept. 9, 2025. The round includes both equity and debt financing.
Who provided the debt financing?
The debt portion of the financing was provided by Community Investment Management, a private credit impact manager based in San Francisco.
Which investors participated on the equity side?
Named equity investors include GTM Fund, Village Global, TTV Capital, K5 Global, Tandem Ventures and Emigrant Bank.
How will Speedchain use the proceeds?
Proceeds will be used to accelerate go-to-market expansion, fund product innovation and scale national operations. The debt financing is intended to expand the company’s lending capabilities tied to its card program.
What does the product do?
The platform offers commercial card programs and expense management features designed for construction and project-based businesses, including AI receipt processing, approval workflows, integrations and project-level spending visibility.
Is Speedchain hiring?
Yes. The company reported just under 40 employees and currently lists open roles in engineering, finance, marketing and sales.
Which card network does Speedchain use?
The Speedchain card program is offered through Mastercard’s World Elite business network.
Were there any board or partnership announcements?
Yes. A new board member with prior chief revenue experience in construction-related tech was appointed, and the company launched a national partnership to provide a construction card solution for a major trade association.
Key product and company features
| Feature | Description |
|---|---|
| Commercial card program | Card offering on Mastercard’s World Elite network that integrates with project-level expense tracking. |
| AI receipt management | Automated capture and classification of receipts from the field to reduce manual entry. |
| Approval workflows | Role-based approvals so project managers and superintendents can approve expenditures in context. |
| End-to-end visibility | Real-time insights into job costing and spend tied to specific projects. |
| Lending support | Debt-backed financing capacity to support project-related lending and card-linked credit features. |
| Integrations | Connectors for accounting and ERP systems to streamline reconciliation and reporting. |
Deeper Dive: News & Info About This Topic
Additional Resources
- Hypepotamus: Speedchain Raises $111 Million
- Wikipedia: Speedchain
- PR Newswire: Speedchain Raises $111M in Equity and Debt
- Google Search: Speedchain $111 million funding
- Axios: Speedchain $111M — Construction Spend Platform
- Google Scholar: Speedchain construction spend platform
- Hypepotamus Company Profile: Speedchain
- Encyclopedia Britannica: construction technology
- BusinessWire: Speedchain & Polygon Partner for Layer-2 B2B Payments
- Google News: Speedchain
Author: Construction CA News
CALIFORNIA STAFF WRITER The CALIFORNIA STAFF WRITER represents the experienced team at constructioncanews.com, your go-to source for actionable local news and information in California and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the Rose Parade, Coachella, Comic-Con, and the California State Fair. Our coverage extends to key organizations like the California Building Industry Association and Associated General Contractors of California, plus leading businesses in technology and entertainment that power the local economy such as Apple and Alphabet. As part of the broader network, including constructionnynews.com, constructiontxnews.com, and constructionflnews.com, we provide comprehensive, credible insights into the dynamic landscape across multiple states.
