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 focused on 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 offers us the definitive push to assist these companies alleviate their groups’ workload and permit them to deal with offering extra worth to their purchasers, which is what they’re actually skilled for,” states Jose Ojeda, co-CEO and founding father of Kabilio.

The funding spherical for Kabilio matches 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 phase, marking one of many nation’s largest early-stage financings in AI-powered accounting.

Robert Jäckle, Companion at Visionaries Membership, highlights: “Kabilio brings AI to the guts of advisory companies to not exchange accountants, however to make their work smarter and extra worthwhile. They don’t seem to be creating ‘hype’; they’re fixing an actual operational downside. We consider Kabilio can turn 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 purchasers 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 help them on this transition. This mission has already earned the belief of almost 100 accounting companies utilizing its platform, who’re seeing a productiveness improve 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 purchasers, leveraging AI to automate essentially the most tedious duties and generate strategic worth”.

In Spain, there are roughly 65,000 accounting and tax advisory companies that work with hundreds of thousands of SMEs and freelancers. The present workflow presents important inefficiencies: purchasers should manually acquire and ship data, which, as a result of their operational load, typically occurs late or incompletely.

That is exacerbated throughout quarterly peak durations, when advisors should focus an excessive amount of effort on checks and guide information entry inside a couple of days.

Kabilio presently 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 essentially the most complicated invoices, reminiscent of intra-community and extra-community, reverse cost VAT, or a number of invoices in a single file. Moreover, it suggests applicable accounting accounts based mostly 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, decreasing 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 enables 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 purchasers, which is being formally introduced at Accountex Spain 2025. In its preliminary part, it should 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 won’t solely optimise processes however will even change the character of labor and the connection between advisory companies and their purchasers. Our objective is to construct the infrastructure that makes this new paradigm doable”, mentioned Álex Valls, co-CEO and co-founder of Kabilio.