On August 10, 2021, Blue J announced it had completed its US$9 million Series B financing round led by Generation Ventures and including participation from Relay Ventures, Mistral Venture Partners and LDV Partners. The funding will be used to accelerate the development and adoption of Blue J’s tax analysis platform, increase its sales and marketing team and announce a new tax diagramming solution.
Blue J is a Toronto-based software firm specializing in machine learning and AI to develop legal technology for tax practitioners.
Osler, Hoskin & Harcourt LLP advised Blue J with a team consisting of Chad Bayne, Andrew Irwin, Sahil Chopra (Emerging and High Growth Companies) and Emery White (Corporate).