Kabilio: €4 Million Raised To Expand AI Platform For Accounting Firms In Spain

By Amit Chowdhry • Yesterday at 2:17 PM

Barcelona-based startup Kabilio has raised €4 million in funding to scale its AI-driven platform designed to automate accounting and tax workflows for advisory firms across Spain. The round, which is one of the larger pre-seed financings in the country this year, included participation from international venture investors and public innovation support.

Founded in 2024 by José Ojeda and Álex Valls, Kabilio provides accounting firms with AI tools that streamline tasks such as invoice processing, bank reconciliation, and collaboration with small business clients. The company states that nearly 100 accounting firms are already utilizing the platform and are experiencing productivity improvements of up to 50%, particularly during quarterly tax reporting periods when workloads traditionally surge.

Kabilio’s platform allows invoices to be ingested from multiple channels and automatically classified, even in complex cases such as multi-invoice documents, international VAT applications, and reverse charges. Its bank reconciliation system integrates with nearly all major banks in Spain, allowing accountants to review suggested transaction matches in a unified interface.

In addition, the startup is rolling out a compliant invoicing module for freelancers and SMEs, enabling real-time synchronization between clients and their advisors. Kabilio is also testing an AI conversational assistant, “Kabi,” which will allow users to query records and perform administrative actions using natural language.

The company plans to use the funding to accelerate product development, expand engineering and support teams, and deepen adoption among accounting firms across the country. While demand is growing in neighboring markets, Kabilio said that its near-term focus will remain on Spain, where regulatory requirements and fragmented advisory structures present a firm fit for automation.