Blue J, a Toronto, Canada-based company specializing in generative AI-driven tax research solutions, has secured Series C funding.
Investors
The round was led by Ten Coves Capital, a growth equity firm specializing in financial technology. Focused on payments, banking, lending, asset management, capital markets, and insurance, the firm has scaled over 40 companies, addressing industry challenges and supporting financial institutions and SMBs.
Blue J Use of Funds
The company will use the funding to fuel its global expansion and enhance its AI capabilities.
About Blue J
Blue J provides generative AI-powered tax research solutions, transforming the way tax professionals access and apply tax law insights. The company combines advanced AI with authoritative tax content to deliver instant, accurate tax answers. Its intuitive platform integrates trusted sources, including Tax Notes, with regulations, case law, and expert commentary. The company was founded in 2015 and headquartered in Toronto, Ontario, Canada.
Funding Details
Company: Blue J Legal Inc.
Raised: Undisclosed
Round: Series C
Funding Date: December 2024
Lead Investor: Ten Coves Capital
Additional Investors:
Company Website: https://www.bluej.com/
Software Category: Tax Research Solutions
Source: https://www.businesswire.com/news/home/20241217312442/en/