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. This funding gives BlueTape the resources to continue providing payments and financing for the construction industry. BlueTape will increase lending, expand its team, and develop new products to help construction businesses address the nation’s housing...