Construction team reviews real-time job-level expense dashboard to connect field spending with accounting.
Atlanta, September 10, 2025
Speedchain closed $111 million in combined debt and equity financing to expand its commercial card programs and expense management platform for construction and project-driven businesses. The capital will accelerate go-to-market efforts, product innovation, and a national rollout, while strengthening partnerships that pair software controls with a global card network’s benefits. The platform offers AI-powered receipt management, real-time job costing, corporate expense processing, and integrations with back-office systems to connect field purchasing with accounting. New board additions and a trade association partnership aim to broaden adoption among contractors and streamline job-level financial visibility.
Speedchain announced on Sept. 9, 2025 that it has closed a $111 million strategic financing package made up of debt and equity aimed at scaling its commercial card and expense management platform for the construction and project-driven industries. The debt portion was provided by Community Investment Management, a private credit impact investment manager, while a group of venture and strategic investors supplied equity.
The financing comes as construction finance teams face ongoing challenges tracking receipts and reconciling costs across multiple job sites in real time. Speedchain’s platform promises project-level visibility and card controls that move expense tracking closer to the field, a change proponents say can reduce month-end surprises and speed decision-making on active jobs.
The financing combines a debt facility from Community Investment Management (CIM) with equity support from a group that includes GTM Fund, Village Global, TTV Capital, K5 Global, Tandem, and Emigrant Bank. Company leaders say the mix of capital is intended to fund faster customer growth and product work while preserving runway.
Speedchain intends to use the capital to accelerate its go-to-market strategy, advance product innovation, and expand nationally. Executives emphasize investments in integrations, AI features, and scaling commercial card programs for contractors and other project-based businesses.
The company’s platform offers end-to-end visibility and controls for project-level spending, including AI-powered receipt management, corporate expense processing, programmable card programs, and integrations with back-office systems. The Speedchain card program is issued through the Mastercard World Elite business network, pairing the company’s software controls with a global card network to capture rewards and merchant benefits.
Alongside the financing, Speedchain added a veteran industry leader to its board and announced a new national partnership with a major construction trade association. Company leaders describe these moves as part of a broader push to bring modern financial tools to a sector they view as historically underserved by traditional fintech offerings.
The debt provider framed its commitment as a bet on fintech that delivers measurable operational impact for firms that manage many job sites. Equity backers highlighted the platform’s ability to let field teams track job costing in near real time instead of waiting for month-end reconciliations. Investors and board members say the combination of modern card programs, AI-driven insights, and integrations can save time and enable more dynamic expense management for construction finance teams.
Construction is a large, project-driven market where spending happens across dispersed worksites and through a mix of vendors, subcontractors, and field purchases. The complexity of tracking those expenses has created demand for tools that connect frontline spending to back-office accounting quickly and accurately. Speedchain positions itself as a specialist platform built to bridge that gap.
With the new capital and partnerships, Speedchain plans to broaden its national footprint, speed product releases focused on automation and AI, and grow commercial card adoption among contractors and project managers. Executives say the funds will be put toward sales expansion, product development, and operational scaling to support larger enterprise clients.
The company listed a public contact number for press and inquiries. The financing announcement carried a source line indicating the release originated in Atlanta on the same date.
Speedchain closed a $111 million financing package that includes both debt and equity.
The debt financing came from Community Investment Management (CIM), a private credit impact investment manager.
Equity participants include GTM Fund, Village Global, TTV Capital, K5 Global, Tandem, and Emigrant Bank.
Funds are earmarked for accelerating go-to-market activities, product innovation (including AI), and national expansion of Speedchain’s commercial card and expense management offerings.
The platform offers project-level expense visibility and control, automated receipt processing using AI, corporate expense workflow, card program management, and integrations with finance systems.
Speedchain’s card program is offered through the Mastercard World Elite business network.
The financing was announced on Sept. 9, 2025, with a press release indicating an Atlanta origin for the announcement.
Feature | Description | Benefit |
---|---|---|
Capital raised | $111 million in combined debt and equity | Supports scaling sales, product, and national expansion |
Debt provider | Community Investment Management (CIM) | Access to private credit with an impact focus |
Equity investors | GTM Fund, Village Global, TTV Capital, K5 Global, Tandem, Emigrant Bank | Diverse investor network for strategic growth |
Platform capabilities | AI-powered receipt management, card programs, integrations | Faster reconciliation and project-level cost control |
Card network | Mastercard World Elite business network | Global acceptance and rewards potential |
Target market | Construction and other project-driven industries | Tools tailored to distributed jobsite spending |
Recent moves | Board addition and national trade association partnership | Stronger industry ties and go-to-market reach |
Announcement | Sept. 9, 2025 — press release from Atlanta | Provides timing and origin for the financing news |
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