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Speedchain Raises $111M in Equity and Debt Financing to Accelerate Expansion and Innovation for Construction and Project Spending
Wednesday, September 17, 2025
ATLANTA, Sept. 9, 2025 /PRNewswire/ -- Speedchain, a global provider of modern commercial card programs and advanced expense management solutions, today announced the successful close of $111 million in strategic equity and debt financing. The debt financing was provided by Community Investment Management (CIM), a private credit impact investment manager. Equity investors include GTM Fund, Village Global, TTV Capital, K5 Global, Tandem, and Emigrant Bank.
This capital infusion will accelerate Speedchain's go-to-market strategy, product innovation, and national expansion as the company continues to modernize financial workflows across construction and other project-driven industries. It follows exciting recent developments including the addition of Dennis Lyandres, former CRO at Cloudera and Procore, to Speedchain's Board of Directors, as well as a new national partnership with The Associated General Contractors of America (AGC).
"This financing represents a major milestone in Speedchain's mission to transform how commercial spending is managed," said Daniel Cage, CEO of Speedchain. "Our partners bring deep expertise in scaling financial infrastructure and go-to-market excellence. We're thrilled to team up with CIM and our broader investor group as we build the most advanced financial platform for construction and project-driven industries."
"Community Investment Management is excited to partner with Speedchain. They are addressing a need in a historically underserved market. CIM focuses on supporting powerful and innovative fintech products that have impact, and Speedchain does exactly that - by making project managers as well as finance teams in construction more efficient, more cost effective and smarter by leveraging their platform," said Jacob Haar, Managing Partner of CIM.
Speedchain's modern platform provides end-to-end visibility, control, and efficiency over project-level spending, AI-powered receipt management, and corporate expense processing. With powerful card programs, AI-driven insights, and seamless integrations, Speedchain helps businesses focus on high value work by automating time-consuming financial tasks, while maximizing rewards, and streamlining operations--from the field to the finance office.
"This funding underscores the tremendous opportunity to modernize financial workflows in industries historically underserved by traditional tools. Finance leaders in construction can now scale their business with the visibility, control and efficiency they need at the project level," said Dennis Lyandres, Speedchain, Board Member.
"Speedchain is solving a long-standing challenge for construction companies - making it possible for project managers and superintendents in the field to track job costing in real time, rather than waiting to reconcile at the end of the month. The company's AI-powered platform saves time and enables dynamic management of project expenses, which is transformative for both field and finance operations. We are proud to support Daniel and the team at Speedchain as they continue to scale the business," said Gardiner Garrard, Co-founder and Managing Partner at TTV Capital.
The Speedchain card program is offered through Mastercard's World Elite business network, pairing the company's world-class software with the power and benefits of Mastercard's global reach.
About Speedchain
Speedchain Inc. is a global fintech company delivering next-generation commercial card programs and advanced expense management solutions. Purpose-built for the construction and project-based economy, Speedchain empowers businesses to take control of their financial operations with greater transparency, smarter workflows, and best-in-class tools. The company's innovative platform bridges the gap between frontline spending and back-office accountability, helping customers drive efficiency, unlock rewards, and scale with confidence.
View original content to download multimedia:https://www.prnewswire.com/news-releases/speedchain-raises-111m-in-equity-and-debt-financing-to-accelerate-expansion-and-innovation-for-construction-and-project-spending-302549502.html
SOURCE Speedchain
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