€10m · Other round · Fintech · Barcelona, Spain
Barcelona-based accounting-software company Kabilio has raised €10m in a funding round led by Picus Capital and Visionaries Club, with participation from Spain’s public innovation agency CDTI. The company will use the capital to roll out an AI accounting agent and expand the shared platform it provides to accounting firms and their small-business clients.
Putting the agent inside the firm’s workflow
Kabilio automates the work that sits between a business producing financial documents and an accountant turning them into records. Its software processes invoices, matches bank transactions, prepares entries and keeps information synchronised with existing accounting systems. A newer product, Kabilio Empresas, lets small businesses issue invoices, connect bank accounts and share data with their advisers in real time.
The AI agent is designed to operate on top of that shared data. Accountants can ask it to retrieve invoices, reconcile transactions, validate entries or chase missing documents through email and WhatsApp, while setting how much autonomy it has. Several firms are piloting the agent, so the commercial test is not whether it can demonstrate individual tasks but whether it can handle a month-end workload without weakening review and audit trails.
Distribution comes through accounting firms
Kabilio says it now works with nearly 500 accounting firms, up from about 100 a year earlier, and employs 80 people, more than half in product and engineering. That route to market gives the company access to many small-business end users through each firm, while leaving the trusted adviser in control of the client relationship.
The same structure creates the core product constraint. Accounting firms will only delegate more work if exceptions are surfaced clearly and humans can trace how an entry was produced. Kabilio therefore needs to turn automation into predictable review capacity, not simply more generated output. If it succeeds, the platform can expand from document processing into a system where firms supervise recurring financial operations across their client base.
The round follows Kabilio’s €4m pre-seed financing in 2025 and brings reported capital raised to €14m. The new money supports a shift from productivity tools towards agentic execution, but adoption will depend on how quickly customers move pilots into routine paid use.
