Blue J raises $176m to expand artificial intelligence tax research platform

Canadian technology company Blue J has raised $176m in Series E funding at a reported valuation exceeding $700m. The investment was led by JMI Equity, with participation from Oak HC/FT, Sapphire Ventures and Intrepid Growth Partners. Blue J develops artificial intelligence software that helps tax professionals research legislation, analyse complex tax questions and improve advisory services. HPC could introduce accounting firms, financial institutions, professional services businesses, software distributors and international technology partners interested in adopting or distributing its platform.

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