Kabilio raises EUR 10m to bring AI agents to Spain's accounting firms
The Barcelona startup now works with nearly 500 accounting firms, up from about 100 a year ago, and is putting the firms' small business clients on the same platform.
Barcelona-based Kabilio has raised EUR 10 million in a round led by Picus Capital and Visionaries, with participation from CDTI, Spain's public agency for technological innovation, Tech.eu and The Next Web reported on 5 November 2026.
Both lead investors also led Kabilio's EUR 4 million pre-seed round a year ago, according to The Next Web, bringing total funding to EUR 14 million. The money will fund an AI accounting agent and a shared platform linking accounting firms with their small business clients.
The problem Kabilio is solving
In Spain, as in much of Europe, small businesses usually outsource bookkeeping and tax work to external accounting firms (gestorías and asesorías). Those firms handle large volumes of invoices, bank transactions and documents, and much of the work still involves manual entry and reconciliation, Tech.eu noted.
Kabilio was founded by Jose Ojeda and Álex Valls, who are co-founders and co-CEOs. Its software reads invoices, suggests accounting entries, matches bank transactions and prepares reconciliations, while flagging cases that need a professional's attention. It works alongside the firms' existing accounting software, so accountants review and approve rather than type in data. The company says this cuts the time spent on bookkeeping and reconciliation by about 60%; that figure is Kabilio's own.
"Nobody becomes an accountant to chase receipts, and nobody starts a business to do paperwork," Ojeda said, according to The Next Web.
From software to an AI agent
The new capital is aimed at the next step: an AI accounting agent that firms can hand whole workflows to. According to the reports, it retrieves invoices and bank statements, reconciles transactions, validates entries and requests missing documents from clients by email and WhatsApp. Accountants assign tasks in plain language and decide, client by client, how much autonomy the agent has.
The Next Web reported that the agent enters beta this month, and both publications said several firms are already piloting it.
Bringing the clients onto the platform
Kabilio has also launched Kabilio Empresas, which The Next Web said went live in September. It lets small businesses issue invoices, connect bank accounts and monitor cash flow inside the same system their accountant uses, so the firm sees new data as it arrives rather than at tax time. Tech.eu named Fiscalidad Inteligente and Alemany Assessors as firms already using it for a large part of their client portfolios.
"An agent is only as good as the data it works on. That is why we are bringing the firm's clients onto the same platform," Valls said, as quoted by Tech.eu.
Later, Kabilio plans to extend the agent to the small businesses themselves, issuing invoices, chasing overdue payments, requesting missing receipts and answering routine accounting and tax questions. The Next Web reported that clients join only through their accountant, who sets the agent's limits.
Traction
Kabilio works with nearly 500 accounting firms, up from about 100 a year ago. Customers named in the coverage include Adlanter, Solfico and Gemap; the latter two belong to the iusTime group. The team has grown to 80 people, more than half of them in product and engineering.
Investors and the wider market
Picus Capital and Visionaries backed Kabilio from its pre-seed stage, and the participation of CDTI adds Spanish public innovation money to the round. The company did not disclose a valuation.
Kabilio is entering a crowded field. The Next Web pointed out that Belgian startup Ravical raised a USD 17m seed round last week for its own AI platform for accounting firms; see our coverage of Ravical's round. Investors are clearly betting that accounting firms, with their repetitive and rules-based workloads, are among the first professional services where AI agents can take on real work.
What it means for European founders and investors
Kabilio's approach is worth noting for founders building vertical AI. Rather than selling directly to millions of small businesses, it sells to the accountants who already serve them, and then uses those firms as a distribution channel to bring clients onto the platform. That gives the agent access to cleaner, real-time data, which Kabilio argues is the real constraint on automation.
The model also respects the accountant's role: professionals keep responsibility for approving results and set the agent's autonomy. In regulated, liability-heavy work like tax and bookkeeping, that human-in-the-loop design may make adoption easier. For more early-stage rounds, see our funding section.
What happens next
Kabilio plans to roll out its AI accounting agent, automate more accounting workflows and expand Kabilio Empresas. Extending the agent to small business clients is planned for a later phase.
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