Kabilio raises €10M to put an AI agent inside accounting firms
What's the deal? KabilioDealroom has a profile for this one. Try Dealroom →, a Barcelona startup that builds AI software for accounting firms and their small-business clients, has raised €10 million in a seed round led by Picus Capital and VisionariesDealroom has a profile for this one. Try Dealroom → Club. CDTIDealroom has a profile for this one. Try Dealroom →, Spain's public agency for technological innovation, also joined.
How big is that? The round ranks in the 99th percentile among seed deals in Spanish fintech over the past 48 months, based on a sample of 102 rounds. It follows a €4 million pre-seed from the same lead backers roughly a year ago.
Why now? Kabilio says it wasn't fundraising; its leads approached it after seeing customer growth, which rose from around 100 accounting firms in November 2025 to over 500. "We didn't even go to market. We didn't go raise money. They approached us, seeing the growth and how happy our customers were, and they made an offer," co-founder and co-chief executive officer Jose Ojeda told Tech Funding News.
What's the endgame? The money funds the beta launch of an AI accounting agent this November and Kabilio Empresas, a platform connecting small businesses with their accountants. The agent takes on tasks typically given to a new staff member — pulling invoices from client emails, reconciling bank statements, checking entries, and chasing missing paperwork — and can message clients via email and WhatsApp.
Kabilio starts with pre-accounting: reading invoices, suggesting bookings, matching bank transactions, and flagging items for human review. It claims this cuts bookkeeping and reconciliation time by around 60%. The firm now employs over 80 people and expects to serve more than 500 companies by the end of 2026.
What could go wrong? The agent is still in beta and not yet commercial, with several firms testing it. Its significance will hinge on whether it can reliably handle more complex work while keeping accountants in control.
The signal: Investors are pouring money into automating professional services, and accounting is a prime target. US rival Basis raised a $100 million Series B at a $1.15 billion valuation, while France's Pennylane raised $200 million and Berlin's Integral took €18 million. Kabilio's bet is narrower — arming existing firms rather than replacing them.
Read more: Tech Funding News
Image credit: Kabilio
