Blue J raises $176 million Series E led by JMI Equity to scale agentic AI for tax work
Blue J raised $176 million in Series E funding at a valuation above $700 million, according to LawNext. The round was led by JMI Equity, with participation from Oak HC/FT, Sapphire Ventures and Intrepid Growth Partners.
The Toronto-based tax research company will use the funding to expand Workflows, its agentic AI product, and enter more markets in the United Kingdom and other countries. Workflows can review tax returns, prepare responses to IRS notices, analyze partnership, LLC and trust agreements, assess tax obligations across states and draft client communications.
Blue J says its platform, founded in 2015, has answered more than 14 million tax questions and is used by more than 6,500 organizations. Workflows provides supporting sources and lets users inspect the steps taken to complete a task.
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