Kabilio raises €10 million for accounting automation

Kabilio has raised €10 million for accounting automation aimed at the firms that keep the books for Spanish small businesses. Picus Capital and Visionaries led, with CDTI, Spain's public agency for technology and innovation, also in the round, The Next Web reported on November 5, 2026. Picus Capital is also named among the backers of Inkle, which paid cash for Finally's bookkeeping division, funding software for outside accountants and a buyer of the practice itself.

The same leads backed Kabilio's €4 million pre-seed a year ago. Total funding is now €14 million. La Vanguardia described Picus Capital and Visionaries Club as German funds, and said the company was born in 2024, launched its product in 2025, and remains in a growth phase with profitability still unset. Dealroom called the round a seed and ranked it in the 99th percentile of Spanish fintech seed deals over 48 months, from a sample of 102 rounds.

What the firm already sells

Kabilio's software reads invoices, suggests how to book them, matches bank transactions and flags anything odd, while the accountant signs off. The company told The Next Web this saves about 60% of bookkeeping and reconciliation time, its own figure. Its invoice-processor page says generative artificial intelligence (AI) proposes a full journal entry at 95% reliability, with a person validating before the entry posts to A3ECO or A3CON. A Sage link is still being prepared, so a firm on Sage stays outside for now.

Related:Casap raises $56 million Series B for dispute agents

An agent that still needs a signature

The new capital pays for an agent that, The Next Web said, enters beta in November, with several firms already testing it. It gathers invoices and bank statements from inboxes, reconciles accounts, checks entries and chases gaps, and it can message clients by email or WhatsApp. Accountants set the limits in plain language, client by client. A client joins only through its accountant.

Kabilio Empresas, launched in September, lets a small business invoice, link bank accounts and watch cash flow where its accountant already works. "An agent is only as good as the data it works on," Álex Valls, co-founder and co-chief executive of Kabilio, told The Next Web. Jose Ojeda, co-founder and co-chief executive, said in that piece: "Nobody becomes an accountant to chase receipts, and nobody starts a business to do paperwork."

Dealroom reported that Ojeda told Tech Funding News the leads approached with an offer after seeing customer growth, and that Kabilio had not gone out to raise. He told La Vanguardia Kabilio would keep developing the product to widen commercial presence in Spain. La Vanguardia said the product sits on models from Anthropic, OpenAI, Gemini and Copilot, plus Kabilio's own layer.

Filed accounts versus the pitch

The firm count on the round is a company figure, and the last statutory year is much thinner. The Next Web said Kabilio had grown from about 100 accounting firms to nearly 500, with a team of 80. Ojeda told La Vanguardia the company had reached 500 Spanish practices, passed €1 million of annualised revenue, and employed 80 people. Citing Spain's Registro Mercantil, that article said Kabilio booked about €92,000 of revenue in 2025 and lost €1.4 million. A 2025 launch can outrun its first filed year. The round prices a run-rate the mercantile register has yet to show.

Dealroom set the round beside Basis's $100 million Series B at a $1.15 billion valuation, Pennylane's $200 million raise in France, and Integral's €18 million in Berlin. The Next Web added Ravical's $17 million seed for accounting-firm AI, and Visa's pilot of agents that pay invoices. That coverage carries no public comment from A3's publisher or from Sage.

Other slices of the same stack already have backing on this site. Cleavr's €8 million seed targets invoice collection, Monk's Series A automates accounts receivable, and Fazeshift, backed by Amex Ventures, is building receivable agents. Hyphenate's Series A is aimed at the in-house chief financial officer (CFO) office. Kabilio sells to the outside firm a Spanish company already pays, and leaves that firm's ledger where it is.

If the November beta stays inside the accountant's sign-off, and Empresas gets invoices onto the platform before month-end, the 500-firm claim can become revenue the 2025 filing was too early to capture. If firms treat the agent as another inbox to police, the €1.4 million loss will have bought distribution on top of A3 rather than a new system of record. The agent is still in beta, so the test is whether harder work stays under the accountant's control.

This article is informational and is not investment, tax, or legal advice. Funding totals, headcount, firm counts, time savings and reliability rates are company statements reported by the named outlets, and the 2025 revenue and loss are as La Vanguardia described them from Spain's mercantile register.