Blue J Secures $122M Series D Funding to Advance AI Tax Platform
Blue J, a generative AI tax research platform, has closed a $122 million (C$168.26 million) Series D funding round. The investment was led by Oak HC/FT and Sapphire Ventures, with additional participation from Intrepid Growth Partners, Ten Coves Capital, and CPA.com.
This capital injection will support Blue J’s plans to grow its team, accelerate product development, and expand its market presence. The platform leverages generative AI to provide precise answers to complex tax questions covering US federal, state, and local tax law, as well as Canadian and UK tax regulations.
AI-Powered Tax Research Backed by Data
Blue J’s system is built on a carefully curated database of authoritative tax law. It improves continuously by learning from millions of user queries annually, enhancing its accuracy and reliability. The interface allows users to ask tax questions in natural language, avoiding the need for complicated syntax. Results are delivered with relevant source citations, ensuring transparency and trust.
Leadership Perspective and Investor Confidence
Benjamin Alarie, Blue J’s CEO and co-founder, emphasized the significance of the new partnerships: “We are excited to work with backers who have strong track records supporting market-defining companies. Their commitment validates our mission to transform tax research. With this funding, we will speed up innovation and deliver greater value to tax professionals.”
Allen Miller, partner at Oak HC/FT, highlighted the platform’s impact: “Tax research has traditionally been slow and cumbersome. Blue J’s AI solution accelerates the process while improving accuracy. We expect Blue J to set a new standard for handling complex tax inquiries and are proud to support their growth.”
Growth and Market Traction
- Blue J’s revenue and customer base more than doubled in the first half of 2025.
- Since January 2025, the company has grown to over 80 employees and increased new customer acquisition rates.
- The Series D funding follows a Series C round completed in December 2024.
Earlier this year, CPA.com partnered with Blue J to provide AI-powered tax research solutions accessible to companies of all sizes, broadening Blue J’s reach and impact.
For product development professionals, Blue J’s approach offers valuable insights into applying generative AI to complex, data-intensive domains. The company’s continuous learning model and user-friendly conversational interface demonstrate how AI can streamline specialized research tasks.
To explore more about AI applications and courses that can enhance your product development skills, check out Complete AI Training’s skill-based courses.
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