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 secures 111 million to scale construction-focused card and expense platform
Speedchain Inc., an Atlanta-based fintech that builds commercial card programs and expense-management tools for construction and other project-driven industries, announced it has raised 111 million dollars in outside capital. The financing combines both equity and debt, with the debt portion provided by a San Francisco private credit manager focused on impact investments. The exact split between equity and debt was not disclosed.
Key backers and strategic moves
Equity investors in the round include a mix of venture funds and a bank based in several U.S. states. Named equity participants are an Arizona-based fund, two San Francisco firms, an Atlanta-based growth investor, a Utah venture firm, and a New York bank. The debt provider is a private credit impact manager from San Francisco that focuses on backing fintechs with measurable impact.
Why the money and how it will be used
The company says the infusion will accelerate its go-to-market expansion, speed product innovation, and support national growth to modernize financial workflows in industries that have been historically underserved by traditional tools. Part of the debt financing has been earmarked to expand the lending side of the business so the platform can offer broader financing options alongside card and expense services.
Product focus and platform capabilities
Speedchain’s platform is positioned to give project teams and finance units end-to-end visibility and control over project-level spending. Recent product work included enhancements to receipt management and export capabilities to make field-to-office handoffs smoother, and improvements to approval flows so that the correct project manager or superintendent can approve purchases while tracking against job budgets in near real time. The product also includes AI-powered receipt handling, corporate expense processing, AI-driven insights, and seamless integrations designed to bridge frontline spending with back-office accountability. The firm’s card program is offered through Mastercard’s World Elite business network.
Leadership, board and partnerships
The company operates from Midtown Atlanta and has a leadership team led by its chief executive. A new member with executive experience in enterprise software and construction-oriented platforms has been added to the board to support growth and go-to-market scaling. Separately, Speedchain has been named as the construction card solution for the largest national association representing contractors, establishing a formal national partnership intended to broaden adoption among contracting firms.
Operations, hiring and talent pipeline
The team currently numbers just under 40 employees and lists open roles in engineering, finance, marketing and sales. The company reports an active recruitment pipeline with incoming engineering talent from local technical schools and universities. The financing is expected to support hiring as the company expands product development and commercial operations nationwide.
Market positioning and analyst attention
Observers tracking venture and private capital activity have listed Speedchain’s 111 million raise among the larger U.S. financings in its announcement window. Coverage across multiple outlets repeated the core funding facts: the total amount, the mixed equity and debt structure, the debt provider and the named equity participants. That coverage has highlighted the round as a significant growth step for a company focused on the project-driven economy.
What to watch next
In the near term, milestones to follow include rollout acceleration of new product features in the field, growth in card adoption through the national contractor partnership, expansion of lending products supported by the debt facility, and hiring to expand engineering and commercial teams. The company will also be watched for product integrations that further reduce reconciliation time between job sites and finance offices.
FAQ
What did Speedchain raise and who provided the funds
Speedchain raised 111 million in a mixed equity and debt round. The debt portion was provided by a San Francisco-based private credit manager focused on impact investments. Equity investors include venture funds and a bank from several U.S. states.
How will the capital be used
The funds will be used to accelerate go-to-market efforts, fund product innovation, support national expansion, and expand the company’s lending capabilities tied to its card and expense platform.
What does the product do
The platform offers a commercial card program, AI-powered receipt management, improved approval flows for project teams, export tools for finance, corporate expense processing, and integrations that aim to connect field spending with back-office accounting.
Is there any leadership or board change
A seasoned executive with experience in enterprise and construction software has been added to the board to help guide scaling and market adoption.
Where is the company based and how big is the team
The company is headquartered in Atlanta, operating from a Midtown office, with just under 40 employees and ongoing hiring in engineering, finance, marketing and sales.
Was an equity versus debt split disclosed
No. The company did not disclose the precise equity versus debt breakdown of the 111 million round.
Key features at a glance
| Feature | What it does | Primary benefit |
|---|---|---|
| Commercial card program | Card offering via Mastercard World Elite business network | Streamlines purchasing and unlocks business card benefits |
| AI-powered receipt management | Automates capture, categorization and export of receipts | Reduces manual reconciliation and saves time |
| Enhanced approval flows | Allows project leaders to approve transactions against job budgets | Improves cost control and real-time job costing |
| End-to-end visibility | Tracks project-level spending from field to finance | Improves accountability and forecasting accuracy |
| Seamless integrations | Connects with back-office systems and export tools | Simplifies accounting workflows and month-end close |
| Lending capabilities | Financing options backed by the debt facility | Supports cash flow and project financing needs |
| AI-driven insights | Analyzes spend patterns and suggests optimizations | Helps lower costs and improve procurement choices |
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
