Barcelona's Kabilio gets €10 million to build an AI agent for accounting firms

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Kabilio, a Barcelona start-up that sells AI software to accounting firms, has closed €10 million of new funding. Picus Capital and Visionaries Club, the German funds that also led its €4 million pre-seed about a year earlier, led again, and CDTI, Spain's public innovation agency, took part. The company has now taken in €14 million since it launched in 2025.

The traditional first step in raising money is asking for it, and Kabilio says it skipped that step. Co-founder and co-CEO Jose Ojeda said the two funds came to the company on their own after watching its client count climb, and "made an offer". That count went from roughly 100 firms in November 2025 to about 500. Kabilio has 80 staff, most of them in product and engineering. Ojeda and his co-founder Álex Valls had already built three companies together; Kabilio was founded in 2024.

The software reads invoices, proposes how to book them, matches bank movements to the books and flags whatever needs a person, sitting on top of programs firms already use, such as A3 and Sage. Kabilio says it cuts around 60% of the time spent on bookkeeping and reconciliation. The money goes mainly into an AI agent entering beta in November, to which firms can hand whole tasks: gathering invoices from inboxes, reconciling accounts, checking entries and chasing clients for missing documents by email or WhatsApp. Several firms are testing it, and it is not yet on sale. The round also funds Kabilio Empresas, launched in September, where small businesses issue invoices, connect their banks and follow their cash inside the same system their accountant uses.

Company registry filings show 2025 revenue of about €92,000 and a loss of €1.4 million. The company says annualised revenue has since passed €1 million and that it has not yet set a profitability target. Clients include Adlanter, Solfico and Gemap.