Speedchain Raises $111 Million to Scale Construction-Focused Platform

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.

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Frequently Asked Questions

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.

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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