Blue J Raises $176M Series E to Scale AI Agents for Tax Work
Blue J has raised $176M in a Series E round led by JMI Equity, with participation from Oak HC/FT, Sapphire Ventures and Intrepid Growth Partners. The funding values the tax research company at more than $700M and will primarily support its forthcoming Workflows AI agents.
- Raised
- $176M
- Round
- Series E
- Investors
- 4
- Investors
- JMI EquityOak HC/FTSapphire VenturesIntrepid Growth Partners
- Target market
- Tax professionals
- Use of funds
- Scaling Workflows AI agents and expanding its presence in the UK and other markets
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Quick Answers
What is the latest news about Blue J?
Blue J has raised $176M in a Series E round led by JMI Equity, with participation from Oak HC/FT, Sapphire Ventures and Intrepid Growth Partners. The funding values the tax research company at more than $700M and will primarily support its forthcoming Workflows AI agents.
What does Blue J do?
Blue J is based in Toronto and develops AI tools for tax research. More than 6,500 organisations use its software, including Big Four accounting firms and Fortune 100 companies.
How much did Blue J raise?
Blue J raised $176M in its Series E.
Who invested in Blue J?
Investors named in this Series E include JMI Equity, Oak HC/FT, Sapphire Ventures and Intrepid Growth Partners.
How will Blue J use the funding?
Blue J plans to use the money for scaling Workflows AI agents and expanding its presence in the UK and other markets.
Where is Blue J based?
Blue J is based in Canada.
Who are the key people at Blue J?
Key people named in this report: Benjamin Alarie (CEO & and Co-Founder).