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

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.



Canonical: https://uniquebase.ai/news/3703689b-b238-4a96-b211-30e4a007b008
Stable identifier: 3703689b-b238-4a96-b211-30e4a007b008
Snapshot captured: 2026-10-20T18:19:32.670Z
English updated: 2026-10-20T18:28:56.497Z

## Connected profiles

- [Association of International Certified Professional Accountants](/institutions/association-of-international-certified-professional-accountants)
- [BlueJ](/companies/bluej)
- [Intrepid Growth Partners](/institutions/intrepid-growth-partners)
- [Oak HC/FT](/institutions/oak-hc-ft)
- [Sapphire Ventures](/institutions/sapphire-ventures)
- [Ten Coves Capital](/institutions/ten-coves-capital)

## Sources

- https://betakit.com/blue-j-series-d-after-doubling-revenue/