Blue J: Raises $9M in Series B Funding

Blue J Raises $9M in Series B Funding

• Blue J, a Toronto in Canada-based tax analysis platform, raised $9M in Series B funding
• The round was led by Generation Ventures with participation from Relay Ventures, Mistral Venture Partners and LDV Partners
• In conjunction with the financing, Geoff Beattie, Chairman of Generation Ventures, is joining BlueJ’s board of directors
• The company intends to use the funds to accelerate development and adoption of its tax analysis platform, add new executives to lead sales and marketing
• Led by Benjamin Alarie, BlueJ provides predictive tools for analysis of the merits of tax and legal positions
• The company has signed on more than 200 organizations as customers, including North American law firms, global accounting firms, and the Canadian federal government