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TNW | Investors-funding

Blue J raises $176M to put AI agents to work for tax professionals

The JMI Equity-led round values the Toronto tax research company at more than $700m.

By TNW | Investors-funding

Excerpt shared by Lazyfounder

·Excerpt
Blue J raises $176M to put AI agents to work for tax professionals
Image: Benjamin Alarie, CEO and co-founder of Blue J Credit: Blue J

Toronto-based Blue J, which develops AI tools for tax research, has raised $176M in a Series E funding round led by JMI Equity, valuing the company at more than $700M, or over C$1bn.

Existing investors Oak HC/FT and Sapphire Ventures also participated, alongside Intrepid Growth Partners. JMI principal Jack Duane will join Blue J’s board as part of the deal.

The funding comes about 15 months…

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