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 card and expense platform

Key takeaways

Speedchain Inc., an Atlanta-based fintech that builds commercial card programs and expense-management tools for construction and other project-driven industries, announced it raised $111 million in outside capital. The round combines equity and debt financing and is intended to speed up the company’s national expansion, product work, and go-to-market efforts.

What happened

The company disclosed the funding in a Sept. 9, 2025 press release datelined Atlanta. The financing includes a debt portion provided by Community Investment Management, a private credit impact manager based in San Francisco, and equity backing from a group of investors based across the U.S., including GTM Fund, Village Global, TTV Capital, K5 Global, Tandem Ventures, and Emigrant Bank. The exact split between equity and debt was not disclosed.

Why it matters

Speedchain says the capital will accelerate its plan to bring modern financial tools to construction and other industries that run work by project. The company positions its platform as a way to give field teams and finance offices faster visibility and control over spending at the job level. The funding is expected to help the company invest in product features, expand into new regions, and support a lending arm that targets construction businesses.

Product and market focus

The platform is designed for companies that run work by project and need real-time tracking of job costs. Core product elements highlighted by the company include AI-powered receipt management, improved receipt export functions, and approval flows that allow project managers or superintendents to approve purchases while monitoring monthly budgets. The product aims to link frontline spending to back-office accounting, speed up expense processing, improve rewards capture, and provide AI-driven insights and seamless integrations.

Card program and partnerships

Speedchain’s commercial card program is offered through Mastercard’s World Elite business network. The company also announced a new national partnership with the largest national association for contractors, naming Speedchain as that group’s construction card solution. The partnership is positioned to broaden access to the platform across contractor networks.

Leadership and governance

The company is led by Chief Executive Officer Daniel Cage. As part of the announcement, Speedchain added Dennis Lyandres, who previously served as chief revenue officer at two enterprise software companies, to its board of directors. The company describes the move as adding experienced enterprise and construction payments know-how to its governance team.

Funding use and lending

Part of the debt financing is earmarked for the lending side of Speedchain’s business, supporting credit products tied to the company’s commercial card program and construction finance solutions. The broader funding is meant to accelerate product innovation, expand sales and marketing, and advance national rollout plans.

Team and hiring

Speedchain operates out of a Midtown Atlanta office and has a team concentrated in that city. The staff count is just under 40 employees, and the company lists open roles in engineering, finance, marketing, and sales. The company reports an active pipeline of engineering candidates from a local technology university.

Industry response and context

Industry trackers noted the financing among the larger U.S. rounds announced in the week of Sept. 6–12, 2025. Observers say the funding and partnerships reflect growing investor interest in fintech products that target construction and other project-driven sectors, which have been described as historically underserved by mainstream expense and payment tools.

FAQ

Key features at a glance

Feature	What it does
Commercial card program	Card offered on Mastercard World Elite network for project-level spending and rewards management.
AI-powered receipt management	Automates capture, classification, and routing of receipts from the field to finance.
Approval workflows	Enables project managers and superintendents to approve transactions while tracking budgets in real time.
Export and integrations	Provides export functions and connects to back-office systems to speed reconciliation.
AI-driven insights	Delivers analytics to help teams control spend, improve efficiency, and optimize rewards.
Lending support	Debt financing will help grow Speedchain’s lending products aimed at construction customers.

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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