Fundz

Bluetape Raises $55M To Transform Financing And Payments For Smbs In The Construction Industry

PRIVATEAug 19, 2022

Amount Raised

$55 Million

Round Type

Funding Round

San FranciscoFinancial ServicesLendingConstruction

Description

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.

Quick answer

BlueTape raised $55 Million in a Funding Round round, dated August 19, 2022. BlueTape is based in San Francisco, California, United States.

How much did BlueTape raise?
BlueTape raised $55 Million in a Funding Round round on August 19, 2022.
What does BlueTape do?
BlueTape provides financing and payments for companies in the construction industry.
Where is BlueTape based and how big is it?
BlueTape is based in San Francisco, California, United States.

Source: Fundz verified event record.

Who else raised in Financial Services and Lending around the same time

Companies in the same sectors as BlueTape that raised within 45 days of this round, from Fundz verified event records.

  • Tally raised $80M (Series D) on October 3, 2022.
  • Impak raised an undisclosed amount (Funding Round) on September 30, 2022.
  • Numida raised $12M (Funding Round) on September 28, 2022.
  • Bridge Money raised $5.8M (Seed) on September 28, 2022.
  • FinVolution Group raised an undisclosed amount (Funding Round) on September 26, 2022.
  • NexBank Capital raised $50M on September 14, 2022.

Who to call at BlueTape, and when

A new round usually means BlueTape is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day BlueTape raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at BlueTape, from your own LinkedIn network

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Company Information

Company

BlueTape

Location

San Francisco, California, United States

About

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.

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BlueTape raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.