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Blue J raises CAD 167.4 million in Series D funding after doubling revenue

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News brief

In 2025, BetaKit reported that Toronto AI tax research software company Blue J raised USD 120 million (CAD 167.4 million) in Series D funding, led by Oak HC/FT and Sapphire Ventures, with participation from Intrepid Ventures. Its post-money valuation exceeded USD 300 million, and revenue had doubled. The company was founded by Ben Alarie.

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Association of International Certified Professional AccountantsInvestors ↗BlueJCompanies ↗Intrepid Growth PartnersInvestors ↗Oak HC/FTInvestors ↗Sapphire VenturesInvestors ↗Ten Coves CapitalInvestors ↗

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  1. betakit.com ↗Published Aug 10, 2025
Original source text

Names may use phonetic renderings when no English name is supplied. The original wording is retained below.

2025年，据BetaKit报道，多伦多AI税务研究软件公司Blue J完成1.2亿美元（1.674亿加元）D轮融资，由Oak HC/FT与Sapphire Ventures领投，Intrepid Ventures参投，投后估值超3亿美元，收入已翻倍。公司由Ben Alarie创立。

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