Barcelona startup Kabilio raises €10 million to launch AI accounting agent

Securing the next phase of growth

Kabilio, a startup based in Barcelona, has successfully closed a €10 million funding round to expand its AI-driven accounting platform. The investment was led by Picus Capital and Visionaries, who also participated in the company's pre-Seed round. Spain’s public agency for technological innovation, CDTI, also joined the funding effort.

The company was founded in 2025 by Jose Ojeda and Álex Valls to modernize how accounting advisors and small businesses collaborate. By using generative AI, the platform aims to transform the way financial data is collected and processed. The goal is to move beyond simple automation to a system where AI agents carry out complete workflows under human direction.

The startup currently employs 80 people, with more than half of the staff dedicated to product and engineering roles. This funding will support the company's transition from automating isolated tasks to deploying a full AI workforce. Kabilio intends to use these resources to scale its reach across the accounting industry.

How the AI agent handles workflows

Kabilio's technology focuses on 'pre-accounting,' which involves collecting and preparing documents for bookkeeping. Instead of manual entry, the AI reads invoices and suggests how they should be booked into the system. It also matches bank transactions, prepares reconciliations, and flags specific items that require a professional's attention.

A key feature of the platform is that it does not require accounting firms to change the software tools they already use. Accountants act as supervisors who review and approve the AI's work rather than typing out every entry. The company claims this approach can cut the time spent on bookkeeping and reconciliation by around 60%.

The system is designed to turn every transaction and document into structured data. This means that the firm's specific rules and decisions are recorded alongside the data. By creating this structured foundation, the company ensures that an AI agent can eventually take over more complex work sequences.

Connecting firms and small businesses

To streamline the flow of information, the AI agent can communicate directly with clients via email and WhatsApp. It can request missing paperwork, retrieve statements from emails, and validate entries automatically. Accountants provide instructions in plain language and decide exactly how much autonomy the agent has for each specific client.

The company launched Kabilio Empresas in September to help small and medium-sized enterprises (SMEs) manage their own data. This allows clients to invoice, connect bank accounts, and track cash flow on the same platform their accounting firm uses. Because the data is recorded in real-time, firms can work with live information throughout the year rather than waiting for tax deadlines.

Kabilio operates exclusively through accounting firms, which maintain control over which clients join the platform. This model ensures that the firm remains the primary point of contact for the business owner. Currently, firms like Fiscalidad Inteligente and Alemany Assessors are already using the technology to manage large portions of their client portfolios.

The roadmap for AI autonomy

The company has outlined a three-phase plan for its growth. The first phase was to create a system that boosts the capabilities of human accountants. The second phase involves introducing an AI workforce to handle repetitive tasks under the direction of those professionals.

In the final phase, Kabilio plans to extend this AI workforce directly to the firm's clients through a shared platform. At that stage, the agent will perform tasks such as issuing invoices, chasing late payments, and requesting missing receipts on behalf of business owners. It will also be able to answer everyday tax and accounting questions in seconds.

Kabilio aims to work with more than 500 accounting firms by the end of 2026. Notable customers already include Adlanter, as well as Solfico and Gemap, which are part of the iusTime group. The company's strategy relies on the idea that an agent is only as good as the data it works on, which is why they are bringing clients onto the same platform.