Blue J, a Toronto, Canada-based provider of generative AI-powered tax research to accounting and tax professionals, raised an undisclosed amount in Series C funding.
The round was led by Ten Coves Capital. Dan Kittredge, Managing Partner at Ten Coves Capital, will join Blue J’s Board of Directors.
The company intends to use the funds to accelerate its global expansion while enhancing its AI capabilities to support tax professionals worldwide.
Led by CEO Benjamin Alarie, Blue J combines advanced AI with authoritative tax content to deliver better tax answers instantly. Its platform integrates sources including Tax Notes with regulations, case law, and expert commentary, helping professionals navigate the ever-changing tax landscape with confidence. Organizations use it to streamline their research workflow and enhance decision-making accuracy.
Following the launch of the latest version of Blue J’s tax research platform in August 2023, the company has amassed more than one thousand clients, including Big 4 accounting organizations, top 100 US CPA firms, and Fortune 100 companies.
FinSMEs
18/12/2024