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 closed a $111 million financing package made up of debt and equity to accelerate national growth, product development, and go-to-market efforts for its construction-focused commercial card and expense management platform. The debt portion was provided by Community Investment Management (CIM), a private credit impact investment manager, while a group of equity backers joined the round, including GTM Fund, Village Global, TTV Capital, K5 Global, Tandem, and Emigrant Bank.
The company announced the financing on September 9, 2025, saying the capital will be used to speed national expansion, fund product innovation, and strengthen go-to-market operations. The move follows recent strategic steps by the company, including the addition of Dennis Lyandres, a senior executive with experience at large software and construction tech firms, to Speedchain’s board of directors, and a new national partnership with a major construction trade association.
Construction and other project-driven industries have long struggled with tracking receipts, managing job-level costs, and reconciling spending across multiple sites. Speedchain’s platform aims to close that gap by linking frontline spending to back-office control, offering what the company describes as end-to-end visibility, AI-powered receipt management, and corporate expense processing. The financing is intended to let Speedchain roll out these capabilities more broadly to contractors, subcontractors, and project finance teams nationwide.
The debt portion was provided by Community Investment Management (CIM), which focuses on private credit with an impact orientation. Equity participants named by the company include GTM Fund, Village Global, TTV Capital, K5 Global, Tandem, and Emigrant Bank. Investors noted the market need for better tools in the construction sector and the potential for a platform that marries card programs with expense controls and real-time job costing.
Speedchain’s product combines commercial card programs with expense management software. Core capabilities called out by the company include:
Company leadership positioned the financing as a major step toward transforming how commercial spending is managed for construction and project-based businesses, and emphasized that the investor group brings experience in scaling financial infrastructure and go-to-market execution. The debt provider framed the investment as meeting a clear need in a historically underserved market, noting the platform’s potential to make project managers and finance teams more efficient and cost effective. Board and investor representatives highlighted the importance of real-time job costing, claiming the platform replaces month-end reconciliation with continuous visibility.
The Speedchain card program pairs the company’s software with Mastercard’s network and benefits, positioning the product as a combined payments-and-software solution rather than a stand-alone card. Speedchain markets itself as a global fintech focused on the project-based economy, with tools designed to bridge the gap between field spending and back-office accountability, unlock rewards, and help firms scale with confidence.
Along with the financing, Speedchain added a senior industry executive to its board and announced a national partnership with a major construction trade organization, both of which are intended to boost market reach and product-market fit among contractors and builders.
For finance teams and project managers, the expanded funding is meant to accelerate rollouts of automation that reduce time spent on receipt collection, reconciliation, and manual job costing. The combined card and software approach is positioned to give field staff simple card access while giving finance teams control and insight at the job level.
The announcement was made on September 9, 2025. For further information provided with the release, a general contact phone number was listed as 888-776-0942 (available 8 AM–10 PM ET).
Speedchain raised $111 million in a mix of strategic debt and equity. The debt portion was provided by Community Investment Management (CIM); equity investors include GTM Fund, Village Global, TTV Capital, K5 Global, Tandem, and Emigrant Bank.
The capital will be used to accelerate national expansion, support product innovation (including AI and integrations), and scale go-to-market activities across the construction and project-driven industries.
The platform combines commercial card programs with expense management tools to give project-level visibility, automate receipt capture with AI, streamline corporate expense processing, and deliver insights to reduce cost and friction between field teams and finance.
Contractors, subcontractors, project managers, and finance teams in construction and other project-based industries stand to benefit most because the product focuses on job-level tracking and reconciliation.
Yes. Speedchain’s card program is offered through the Mastercard World Elite network, combining the company’s software features with global payment capabilities and rewards.
The company announced the financing on September 9, 2025.
| Feature | What it does |
|---|---|
| Commercial card program | Provides field staff access to company cards with controls, rewards, and global payment rails via Mastercard World Elite. |
| AI receipt management | Automates capture and classification of receipts to speed reconciliation and reduce manual data entry. |
| Project-level visibility | Ties spending to jobs and cost codes so project managers and finance teams can track costs in near real time. |
| Integrations | Connects with back-office systems to synchronize expense data, triggers, and bookkeeping workflows. |
| AI-driven insights | Surfaces patterns and recommendations to optimize spending and improve job profitability. |
For additional information associated with the announcement, a general contact phone number listed with the release is 888-776-0942 (hours noted as 8 AM–10 PM ET).
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