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 the close of $111 million in combined strategic equity and debt financing, with the debt portion provided by Community Investment Management (CIM) and a syndicate of equity backers including GTM Fund, Village Global, TTV Capital, K5 Global, Tandem and Emigrant Bank. The company said the funds will accelerate its go-to-market efforts, speed product development and support a nationwide rollout aimed at construction and other project-driven industries.
The financing was disclosed by Speedchain on Sept. 9, 2025, in a company announcement issued from Atlanta. Leadership described the round as a mix of strategic equity and private-credit debt designed to fuel expansion of its commercial card and expense management offering that targets jobsite spending and project-level accounting.
Finance teams at construction firms and other firms that manage many active job sites often struggle to collect receipts and reconcile costs in real time. Speedchain’s platform is positioned to bridge that gap by bringing controls and visibility to frontline spending while tying transactions back to project budgets and accounting systems.
Speedchain offers a modern platform that provides end-to-end visibility and control over project-level spending. Key capabilities highlighted by the company include AI-powered receipt management, corporate expense processing, purpose-built card programs, AI-driven insights and seamless integrations with back-office systems. The company’s commercial card program runs through Mastercard’s World Elite business network, combining Speedchain’s software with the scale and rewards associated with a major payment network.
Speedchain added an experienced sales and growth executive to its board and entered a new national partnership with a major trade organization representing construction contractors. Company officials framed these developments as steps to strengthen customer relationships and accelerate product adoption across the industry.
Company leadership described the financing as a milestone that will help transform how commercial spending is managed in construction and related industries. The debt investor emphasized a focus on private credit that supports fintechs with real operational impact, saying Speedchain addresses a long-standing need in an underserved market by improving efficiency for project managers and finance teams. An equity backer noted the platform’s ability to let field teams track job costing in near real time rather than waiting for month-end reconciliation.
Speedchain positions itself as a purpose-built fintech for the construction and project-based economy, aiming to connect frontline spending to back-office accounting with better transparency and smarter workflows. By pairing corporate card programs with automation and AI, the company intends to reduce manual reconciliation, help teams capture rewards, and give finance leaders clearer insight into project costs as they occur.
The company announced the financing on Sept. 9, 2025, from Atlanta. A help line listed with the release is 888-776-0942 (hours noted as 8 AM–10 PM ET).
Speedchain closed $111 million in combined strategic debt and equity financing.
The debt financing was provided by Community Investment Management (CIM), a private credit impact investment manager.
Equity investors named in the transaction include GTM Fund, Village Global, TTV Capital, K5 Global, Tandem and Emigrant Bank.
The capital will be used to accelerate go-to-market efforts, invest in product innovation, and expand Speedchain’s national footprint in construction and other project-driven industries.
Speedchain provides commercial card programs and expense management tools that offer project-level visibility, AI-assisted receipt management, automated expenses, and integrations to streamline operations from the field to finance.
The company pairs its software with a major payment network through a World Elite business program to combine software controls with payment-network benefits.
Construction firms can benefit from faster receipt capture, real-time job costing, and tighter controls on project spending, which reduces manual work and shortens reconciliation cycles.
| Feature | Description |
|---|---|
| Capital raised | $111 million in strategic equity and debt. |
| Debt partner | Community Investment Management (CIM), private credit impact investor. |
| Equity investors | GTM Fund; Village Global; TTV Capital; K5 Global; Tandem; Emigrant Bank. |
| Core capabilities | End-to-end project spending visibility, AI-powered receipt management, corporate expense processing, card programs, and integrations. |
| Card network | Program offered through a World Elite business network to combine software controls with payment benefits. |
| Primary markets | Construction and other project-driven industries needing field-to-finance expense controls. |
| Planned use of funds | Go-to-market acceleration, product innovation, national expansion. |
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