Kabilio Secures €4 Million to Enhance AI Solutions, Boosting Productivity for Spanish Accounting Firms by Up to 50%

Kabilio, a Barcelona-based startup focused on AI-driven accounting automation, has recently secured €4 million in a notable pre-Seed funding round led by Visionaries Club and Picus Capital, accompanied by €200k from ENISA. This funding, marking one of Spain’s largest early-stage investments, aims to streamline processes for accounting firms burdened with repetitive tasks. Co-CEO Jose Ojeda emphasized Kabilio’s mission to enhance productivity, enabling firms to deliver greater client value. The platform integrates intelligent invoice processing, advanced bank reconciliation, and compliant invoicing, addressing inefficiencies faced by Spain’s 65,000 accounting firms. With nearly 100 firms already leveraging Kabilio’s technology, productivity has reportedly increased by up to 50%. The startup’s innovative features, including the upcoming AI agent Kabi, are poised to transform the advisory landscape and improve the advisory-client relationship. This development aligns with a broader European trend in AI financial software investments, where Kabilio stands out as a significant player.

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