Source: Structureflow
StructureFlow, a leading visual modeling platform for complex corporate structures, transactions, and processes, announced the acquisition of Blue J Diagramming, a visualization tool used by accountancy and tax experts. For Blue J, this divestment is part of a larger strategic shift to focus on its generative AI solution for tax research. Existing Blue J Diagramming customers will be migrated to StructureFlow, the most advanced business diagramming tool on the market.
This partnership follows StructureFlow’s successful 2024 Series A funding round, signaling a period of significant growth for the company. The strategic alliance strengthens StructureFlow’s substantial foothold in the North American market as well as expanding its reach beyond the legal and corporate finance sectors.
“As Blue J sharpens its focus on revolutionizing tax research through AI, we wanted to ensure our diagramming customers would be served by a leader in visualization technology. StructureFlow’s exceptional platform represents the future of how tax and accounting professionals will map complex structures and transactions. Their innovative approach to visual modeling, combined with their deep understanding of professional workflows, made them the clear choice to take forward our diagramming business. We’re confident our customers will benefit tremendously from StructureFlow’s cutting-edge technology and their dedicated focus on advancing the field of professional visualization tools,” said Benjamin Alarie, CEO of Blue J.
“StructureFlow was built to cut through that complexity. This acquisition gives tax and accountancy professionals a powerful, collaborative platform to visualize even the most intricate matters. It empowers them to work more efficiently and make better-informed decisions,” said Tim Follett, Founder & CEO at StructureFlow
Read the full article: https://www.structureflow.co/blogs/structureflowacquiresbluejdiagramming/
