BlueTape

San Francisco, United States Founded: 1998 • Age: 28 yrs
Business point-of-sale financing is facilitated via an online platform.
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About BlueTape

BlueTape is a company based in San Francisco (United States) founded in 1998.. BlueTape has raised $5 million across 2 funding rounds from investors including Plug and Play Tech Center, Arcadia Funds and Chicago Ventures. The company has 14 employees as of December 31, 2022. BlueTape offers products and services including Trade Credit Payment Portal, Factoring Early Payment Program, Credit Management Tool, and E-Commerce Integration. BlueTape operates in a competitive market with competitors including Vartana, Slope, Gynger, KEO World and Marley, among others.

  • Headquarter San Francisco, United States
  • Employees 14 as on 31 Dec, 2022
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Blue Tape, Inc.
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $5 M (USD)

    in 2 rounds

  • Latest Funding Round
    $5 M (USD), Unspecified

    Aug 19, 2022

  • Investors
  • Employee Count
    14

    as on Dec 31, 2022

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Products & Services of BlueTape

BlueTape offers a comprehensive portfolio of products and services, including Trade Credit Payment Portal, Factoring Early Payment Program, Credit Management Tool, and E-Commerce Integration. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Enables easy invoice payments and extended terms for customers

Facilitates quick payments on invoices to improve business liquidity

Automates credit checks and reduces non-payment risks for businesses

Integrates with online stores for seamless invoice automation

People of BlueTape
Headcount 10-50
Employee Profiles 7
Employee Profiles
People
Patrick Gannon
COO & Co-Founder
People
Robert Beres
Head of Engineering
People
Sara Masoudnia
Head of Marketing
People
Homa Saleh
Head of Sales & BD

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Funding Insights of BlueTape

BlueTape has successfully raised a total of $5M across 2 strategic funding rounds. The most recent funding activity was a Unspecified round of $5 million completed in August 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 2
  • Last Round Unspecified — $5.0M
  • First Round

    (19 Aug 2022)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2022 Amount Debt – Conventional - BlueTape Valuation

investors

Aug, 2022 Amount Unspecified - BlueTape Valuation Chicago Ventures
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in BlueTape

BlueTape has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Plug and Play Tech Center, Arcadia Funds and Chicago Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Loans and credit solutions are provided by Arcadia Funds.
Founded Year Domain Location
VC firm investing in seed stage tech companies in the US
Founded Year Domain Location
Startups are accelerated and invested in across multiple tech sectors.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by BlueTape

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - BlueTape

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Bluetape Comparisons

Employees
+
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Competitors of BlueTape

BlueTape operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Vartana, Slope, Gynger, KEO World and Marley, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
SaaS-based POS software solutions for businesses are provided.
domain founded_year HQ Location
Decentralized cryptocurrency exchange and wallet services are provided by Slope.
domain founded_year HQ Location
Online platform offering POS loans to purchase SaaS products for businesses
domain founded_year HQ Location
Consumer and business loans are facilitated via an online platform.
domain founded_year HQ Location
Point-of-sale financing is offered for events and weddings.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Bluetape

Frequently Asked Questions about BlueTape

When was BlueTape founded?

BlueTape was founded in 1998 and raised its 1st funding round 24 years after it was founded.

Where is BlueTape located?

BlueTape is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Is BlueTape a funded company?

BlueTape is a funded company, having raised a total of $5M across 2 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $50M, raised on Aug 19, 2022.

How many employees does BlueTape have?

As of Dec 31, 2022, the latest employee count at BlueTape is 14.

What does BlueTape do?

BlueTape was founded in 1998 in San Francisco, United States. An online platform is operated to provide point-of-sale financing solutions for businesses. Services are centered on enabling quick financing options at the point of purchase, targeting commercial transactions. The company functions within the fintech sector, with operations primarily based in the United States to support business funding needs.

Who are the top competitors of BlueTape?

BlueTape's top competitors include Vartana, Gynger and KEO World.

What products or services does BlueTape offer?

BlueTape offers Trade Credit Payment Portal, Factoring Early Payment Program, Credit Management Tool, and E-Commerce Integration.

Who are BlueTape's investors?

BlueTape has 3 investors. Key investors include Plug and Play Tech Center, Arcadia Funds, and Chicago Ventures.

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