When was Speedchain founded?

Speedchain was founded in 1998 and raised its 1st funding round 27 years after it was founded.

Where is Speedchain located?

Speedchain is headquartered in London, United Kingdom.

How many employees does Speedchain have?

As of Sep 30, 2026, the latest employee count at Speedchain is 35.

Is Speedchain a funded company?

Speedchain is a funded company, having raised a total of $111M across 2 funding rounds to date. The company's 1st funding round was a $***** Series D round, raised on Sep 09, 2025.

When was the latest funding round of Speedchain?

Speedchain's latest funding was a $***** Conventional Debt round on Sep 09, 2025, with participation from 1 investor. Its primary sector is Construction Tech. In United Kingdom, the Construction Tech sector has seen $116M in funding in 2026 to date.

Where does Speedchain rank among its competitors?

Speedchain ranks 4th amongst 104 active competitors, of which 5 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Speedchain, which secured $111M in Sep, 2025.

Who are the top competitors of Speedchain?

Speedchain's top competitors include Mela Works, Varicon and Staart. Among them, Speedchain secured the most recent funding round in September, 2025.

Speedchain - 2026 Company Profile, Team, Funding & Competitors

Speedchain is a series D company based in London (United Kingdom), founded in 1998 by Jonathan Himoff. It operates as a Provider of commercial credit cards and expense management for construction. Speedchain has raised $111M in funding. The company has 104 active competitors, including 5 funded and 4 that have exited. Its top competitors include companies like Mela Works, Varicon and Staart.

Company Details

Provider of commercial credit cards and expense management for construction. The platform integrates card transactions with accounting software to automate receipt capture, job coding, and real-time budget tracking. It allows managers to set spend controls for specific vendors and amounts, ensuring that field purchases are documented and reconciled immediately. The service facilitates direct synchronization with existing financial systems to streamline month-end accounting processes.

Key Metrics

Founded Year

1998

Location

London, United Kingdom

Stage

Series D

Total Funding

$111M in 2 rounds

Latest Funding Round

Conventional Debt, Sep 09, 2025, $*****

Investors

TTV Capital & 7 more

Ranked

4^th among 104 active competitors

Employee Count

35 as on Sep 30, 2026

Similar Companies

Mela Works & 115 more

View Speedchain's full profile

Speedchain has raised a total funding of $111M over 2 rounds. Its first funding round was on Sep 09, 2025. Its latest funding round was a Conventional Debt round on Sep 09, 2025 for $*****. 1 investor participated in its latest round. Speedchain has 8 institutional investors.

Here is the list of recent funding rounds of Speedchain:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 09, 2025	7179171	Conventional Debt	9281312	7160617	7605346	7232252
Sep 09, 2025	3998773	Series D	9991565	5444416	4015599	GTMfund & 5 more

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View details of Speedchain's funding rounds and investors

The founders of Speedchain is Jonathan Himoff.

Here are the details of Speedchain's key team members:

Jonathan Himoff: Former Founder of Speedchain.

View details of Speedchain's Founder profiles and Board Members

Speedchain's employee count trend

Speedchain has 35 employees as of Sep 26. Here is Speedchain's employee count trend over the years:

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Top competitors of Speedchain include Mela Works, Varicon and Staart. Here is the list of Top 10 competitors of Speedchain, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Mela Works 2016, London (United Kingdom), Seed	Field workforce collaboration platform	$2.17M	360 Capital Partners, Startupbootcamp & 11 others	38/100
2nd	Varicon 2018, Hobart (Australia), Seed	SaaS-driven cost management software for construction professionals	$2.69M	Galileo Ventures, Saniel Ventures & 8 others	37/100
3rd	Staart 2021, Hyderabad (India), Unfunded	Provider of SaaS-driven budget management software for the construction industry	-	-	37/100
4th	Speedchain 1998, London (United Kingdom), Series D	Provider of commercial credit cards and expense management for construction	$111M	TTV Capital, K5 Global & 6 others	36/100
5th	Bauwise 2008, Tallinn (Estonia), Unfunded	Online cost management software for construction projects	-	-	36/100
6th	NSR Management 1982, United Kingdom, Unfunded	Provider of software, schedules, and support for maintenance and FM procurement	-	-	34/100
7th	Chalkstring 2017, Solihull (United Kingdom), Acquired	Cloud-based project cost management software for the construction industry	-	-	34/100
8th	Compa 2020, Berlin (Germany), Seed	Provider of merchant processing solutions for accepting and managing payments	$3.65M	Atlantic Labs, LocalGlobe & 7 others	32/100
9th	TidyBuild 2014, Tauranga (New Zealand), Unfunded	Project cost management software	-	-	30/100
10th	Built On Vision 2015, Laguna Beach (United States), Unfunded	Cost and schedule tracking platform for construction projects	-	-	30/100