EU-Startups has learned that Kabilio, a Barcelona-based company specialising in the application of AI to automate accounting and tax processes, has closed a €4 million pre-Seed funding round.
The round was led by international venture capital funds Visionaries Club and Picus Capital. The round also includes €200k in public funding from ENISA, reportedly making it one of the largest pre-Seed rounds in Spain.
“We have seen firsthand the challenge of attracting and retaining talent in accounting firms because the work is concentrated on repetitive tasks and peak workloads. We have also perceived a certain fear of adopting AI.
“It is precisely to change this that we created Kabilio, and the closing of this funding round gives us the definitive push to help these firms alleviate their teams’ workload and allow them to focus on providing more value to their clients, which is what they are truly trained for,” states Jose Ojeda, co-CEO and founder of Kabilio.
The funding round for Kabilio fits into a broader European movement of 2025 investments in AI-driven financial software.
Comparable activity includes 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 financial close processes using AI; and Plino (Italy), which obtained €650k to enhance SMEs’ financial planning and analysis.
Within this context, Kabilio’s €4 million pre-Seed is comparatively substantial, signalling investor confidence in AI solutions addressing accounting inefficiencies.
While other notable rounds have occurred in Northern and Central Europe, Kabilio’s success highlights Spain’s emerging role in this segment, marking one of the country’s largest early-stage financings in AI-powered accounting.
Robert Jäckle, Partner at Visionaries Club, highlights: “Kabilio brings AI to the heart of advisory firms not to replace accountants, but to make their work smarter and more valuable. They are not creating ‘hype’; they are solving a real operational problem. We believe Kabilio can become the leading platform for modern accounting in Europe.”
Founded in 2024 by Jose Ojeda (formerly of McKinsey, Rocket Internet, and 011h) and Álex
Valls (formerly of Social Point, Exoticca, and 011h), the startup has developed a platform
that uses generative AI to help accounting firms and their clients modernise the way
they work together.
Kabilio was born from the conviction that AI will transform the advisory sector and from a commitment to support them in this transition. This mission has already earned the trust of nearly 100 accounting firms using its platform, who are seeing a productivity increase of up to 50%.
Florian Reichert, Managing Director at Picus Capital, adds that the platform “will enable advisors to collaborate more efficiently with their clients, leveraging AI to automate the most tedious tasks and generate strategic value”.
In Spain, there are approximately 65,000 accounting and tax advisory firms that work with millions of SMEs and freelancers. The current workflow presents significant inefficiencies: clients must manually collect and send information, which, due to their operational load, often happens late or incompletely.
This is exacerbated during quarterly peak periods, when advisors must concentrate a great deal of effort on checks and manual data entry within a few days.
Kabilio currently features three integrated products:
- Intelligent invoice processing: Allows receiving documents from multiple channels (email, Dropbox, etc.) and processing even the most complex invoices, such as intra-community and extra-community, reverse charge VAT, or multiple invoices in a single file. Furthermore, it suggests appropriate accounting accounts based on the content of each invoice and the company’s activity, with 97% accuracy.
- Advanced bank reconciliation: Securely connects with 99% of Spanish banks, reducing the need to request statements. The platform suggests matches between invoices and transactions using AI rules, allowing the advisor to view and edit all information in a single environment.
- Verifactu-Compliant invoicing: A modern, intuitive, and cost-effective product for SMEs and freelancers that allows for issuing customised invoices and synchronises all information with the advisor in real-time, eliminating the manual sending of data.
Additionally, the company is piloting its AI agent, Kabi, with several clients, which is being officially presented at Accountex Spain 2025. In its initial phase, it will allow users to query and extract information from the platform using natural language, and future versions will enable broader actions.
“We are experiencing a technological turning point similar to the arrival of software in companies two decades ago. Artificial intelligence will not only optimise processes but will also change the nature of work and the relationship between advisory firms and their clients. Our goal is to build the infrastructure that makes this new paradigm possible”, said Álex Valls, co-CEO and co-founder of Kabilio.
Read the orginal article: https://www.eu-startups.com/2025/11/with-e4-million-in-funding-kabilio-scales-ai-tools-helping-spanish-accounting-firms-lift-productivity-by-up-to-50/
