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 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

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

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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