EU-Startups reports Barcelona-based Kabilio, specializing in AI for accounting, has closed

Barcelona-based Kabilio has secured €4 million in pre-Seed funding to expand its AI-powered platform, which automates accounting and tax processes. Reported by EU-Startups, the company, established in 2024, aims to increase the productivity of Spanish accounting firms by up to 50%. The funding round was spearheaded by international venture capital firms Visionaries Club and Picus Capital, and includes €200,000 in public funding from ENISA. This represents one of Spain's largest pre-Seed rounds in the sector. Co-CEO Jose Ojeda stated that the capital injection will provide a significant boost to help accounting firms reduce team workloads and focus on delivering greater value to clients. The investment underscores growing investor confidence in AI solutions that address operational inefficiencies. Kabilio's platform, currently utilized by nearly 100 firms, offers features such as intelligent invoice processing, advanced bank reconciliation, and Verifactu-compliant invoicing. The company is also piloting Kabi, an AI agent that enables users to query and retrieve information using natural language.