EU-Startups has discovered that Kabilio, a Barcelona-based firm specialising within the utility of AI to automate accounting and tax processes, has closed a €4 million pre-Seed funding spherical.
The spherical was led by worldwide enterprise capital funds Visionaries Membership and Picus Capital. The spherical additionally contains €200k in public funding from ENISA, reportedly making it one of many largest pre-Seed rounds in Spain.
“We have now seen firsthand the problem of attracting and retaining expertise in accounting companies as a result of the work is targeting repetitive duties and peak workloads. We have now additionally perceived a sure worry of adopting AI.
“It’s exactly to alter this that we created Kabilio, and the closing of this funding spherical provides us the definitive push to assist these companies alleviate their groups’ workload and permit them to give attention to offering extra worth to their shoppers, which is what they’re really skilled for,” states Jose Ojeda, co-CEO and founding father of Kabilio.
The funding spherical for Kabilio suits right into a broader European motion of 2025 investments in AI-driven monetary software program.
Comparable exercise contains Bluebook (Sweden), which raised €2.4 million pre-Seed to advance its self-driving accounting platform; Stacks (Netherlands), which secured €9.5 million to streamline month-end monetary shut processes utilizing AI; and Plino (Italy), which obtained €650k to boost SMEs’ monetary planning and evaluation.
Inside this context, Kabilio’s €4 million pre-Seed is relatively substantial, signalling investor confidence in AI options addressing accounting inefficiencies.
Whereas different notable rounds have occurred in Northern and Central Europe, Kabilio’s success highlights Spain’s rising position on this section, marking one of many nation’s largest early-stage financings in AI-powered accounting.
Robert Jäckle, Accomplice at Visionaries Membership, highlights: “Kabilio brings AI to the center of advisory companies to not exchange accountants, however to make their work smarter and extra precious. They aren’t creating ‘hype’; they’re fixing an actual operational drawback. We imagine Kabilio can develop into the main platform for contemporary accounting in Europe.”
Based in 2024 by Jose Ojeda (previously of McKinsey, Rocket Web, and 011h) and Álex
Valls (previously of Social Level, Exoticca, and 011h), the startup has developed a platform
that makes use of generative AI to assist accounting companies and their shoppers modernise the best way
they work collectively.
Kabilio was born from the conviction that AI will remodel the advisory sector and from a dedication to assist them on this transition. This mission has already earned the belief of almost 100 accounting companies utilizing its platform, who’re seeing a productiveness enhance of as much as 50%.
Florian Reichert, Managing Director at Picus Capital, provides that the platform “will allow advisors to collaborate extra effectively with their shoppers, leveraging AI to automate probably the most tedious duties and generate strategic worth”.
In Spain, there are roughly 65,000 accounting and tax advisory companies that work with thousands and thousands of SMEs and freelancers. The present workflow presents vital inefficiencies: shoppers should manually gather and ship data, which, because of their operational load, usually occurs late or incompletely.
That is exacerbated throughout quarterly peak durations, when advisors should focus quite a lot of effort on checks and guide knowledge entry inside a number of days.
Kabilio at the moment options three built-in merchandise:
- Clever bill processing: Permits receiving paperwork from a number of channels (electronic mail, Dropbox, and many others.) and processing even probably the most advanced invoices, akin to intra-community and extra-community, reverse cost VAT, or a number of invoices in a single file. Moreover, it suggests applicable accounting accounts primarily based on the content material of every bill and the corporate’s exercise, with 97% accuracy.
- Superior financial institution reconciliation: Securely connects with 99% of Spanish banks, lowering the necessity to request statements. The platform suggests matches between invoices and transactions utilizing AI guidelines, permitting the advisor to view and edit all data in a single setting.
- Verifactu-Compliant invoicing: A contemporary, intuitive, and cost-effective product for SMEs and freelancers that permits for issuing customised invoices and synchronises all data with the advisor in real-time, eliminating the guide sending of knowledge.
Moreover, the corporate is piloting its AI agent, Kabi, with a number of shoppers, which is being formally offered at Accountex Spain 2025. In its preliminary part, it can enable customers to question and extract data from the platform utilizing pure language, and future variations will allow broader actions.
“We’re experiencing a technological turning level just like the arrival of software program in corporations 20 years in the past. Synthetic intelligence is not going to solely optimise processes however may also change the character of labor and the connection between advisory companies and their shoppers. Our objective is to construct the infrastructure that makes this new paradigm attainable”, mentioned Álex Valls, co-CEO and co-founder of Kabilio.
