Bluetape Raises $55M To Transform Financing And Payments For Smbs In The Construction Industry
08/19/22, 10:16 AM
Location
san franciscoMoney raised
$55 million
Industry
lending
construction
financial services
BlueTape, a leading payments and financing provider for the construction industry, today announced the closing of a $50M debt funding led by Arcadia Funds and a $5M seed round led by Chicago Ventures. Other investors include construction industry executives, real estate developers, and Plug and Play Ventures.
Company Info
Location
san francisco, california, united states
Additional Info
BlueTape provides financing and payments for companies in the construction industry. Its innovative and easy-to-use payment and financing solutions have transformed payments in the construction industry. BlueTape offers construction pros a quick and hassle-free way to pay for building materials on the go. All loans on the BlueTape platform are originated by CBW Bank, member FDIC.