Summary

• Kabilio has secured €10m in financing led by Picus Capital and Visionaries Club, with participation from Spain's CDTI, bringing total funding to €14m.
• Nearly 500 Spanish accounting practices use its platform, compared with approximately 100 a year ago.
• An AI agent entering beta testing will extend automation into document collection, reconciliation, and client communications under accountants' supervision.

Barcelona-based Kabilio has raised €10 million to develop AI agents that can carry out accounting workflows on behalf of professional practices, extending its software beyond invoice processing and bank reconciliation into more substantial administrative tasks.

The round was led by Picus Capital and Visionaries Club, with participation from Spain’s Centre for Technological Development and Innovation (CDTI). Both lead investors supported Kabilio’s €4 million pre-seed financing in November 2025, bringing the company’s total capital raised to €14 million.

Kabilio now works with nearly 500 accounting practices in Spain, compared with approximately 100 a year earlier, and has expanded its workforce to 80 people. Its customers include Adlanter, Solfico, and Gemap, the latter two belonging to the iusTime group.

Founded by José Ojeda and Álex Valls, the company is developing an AI agent called Kabi that can retrieve invoices, reconcile transactions, validate proposed accounting entries, and contact clients when supporting information is missing. Several accounting firms are testing the technology, with a wider beta rollout beginning in November.

From processing documents to completing tasks

Accounting software has automated parts of bookkeeping for years, but the process often requires staff to coordinate information arriving through several channels. An invoice may be held in an email attachment, its payment recorded in a banking application, and the relevant tax information stored in a separate accounting system.

Kabilio’s existing platform processes invoices, proposes accounting entries, and uses transaction data to support bank reconciliation. The proposed agent would move between related activities, allowing an accountant to assign a task without separately operating each part of the workflow.

When a transaction lacks supporting documentation, for example, the system could identify the missing information, request it from the client, and prepare the associated accounting work once the document becomes available. Kabilio intends the agent to communicate through existing channels including email and WhatsApp.

That introduces capabilities beyond conventional document extraction, although the distinction between generating a suggested entry and completing an authorised task remains important. An agent interpreting a client’s response must identify the relevant transaction, handle incomplete information, and determine when professional intervention is required.

Accounting practices will be able to specify which activities the agent can perform and control its degree of autonomy. The company says accountants will retain oversight of financial decisions, rather than allowing the system to submit entries or resolve every exception independently.

The reliability of these controls will influence adoption. Financial records can contain duplicate invoices, inconsistent descriptions, unusual tax treatments, and transactions that cannot be classified correctly without understanding the client’s circumstances. Automation may reduce routine work, but poorly handled exceptions could create additional review costs.

Client information enters a shared workspace

Kabilio’s plans also depend on improving how accounting practices obtain information from their clients. The company has introduced Kabilio Empresas, a connected platform through which smaller businesses can issue invoices, link bank accounts, monitor cash flow, and share financial documents with their advisers.

Rather than waiting for information to be forwarded periodically, accountants can receive relevant records as clients create or upload them. That could reduce the concentration of administrative work around monthly and quarterly deadlines, when practices often need to reconcile incomplete records under time pressure.

The business-facing product supports invoicing aligned with Spain’s Verifactu requirements and provides a shared view of transactions and supporting documents. Its commercial model currently depends on the accounting practice adopting Kabilio and inviting clients into the connected environment.

That dependency could help practices standardise their client workflows, although it also creates an adoption requirement. Clients already using established invoicing systems may be unwilling to operate another application, while some businesses will require integration with software outside Kabilio’s existing environment.

Kabilio lists native integrations with A3ECO and A3CON accounting products, allowing proposed entries to be transferred into software that practices already use. It is developing additional integrations, including with Sage, but those should not be treated as available until the company completes their rollout.

The architecture means that practices can introduce an automation layer without immediately replacing their principal accounting application. Its practical value depends on whether transactions, documents, and exceptions move reliably between the connected systems.

Professional oversight remains a commercial requirement

Moving client communications into automated workflows creates opportunities to reduce administrative delays, but it also expands the information accessible to the software. Invoice attachments, banking records, and discussions about transactions can contain commercially sensitive or personal information.

Practices will need to understand which permissions an agent receives, how communications are recorded, and whether automated requests can be restricted to authorised contacts. Audit trails become especially important when an accountant needs to establish why an entry was proposed or which supporting information informed a decision.

Professional accountability also remains separate from software capability. An automated system may prepare records, but its use does not remove an accounting practice’s responsibility to apply appropriate controls, correct mistakes, and comply with the obligations governing its work.

Kabilio promotes substantial reductions in repetitive bookkeeping activity through its existing products. Such claims provide an indication of the company’s commercial proposition, although independently verified savings across its customer base have not been established.

Any productivity gain will vary with transaction volumes, document quality, the existing level of automation, and the frequency of exceptions. A practice handling straightforward invoices may obtain different results from one managing clients with complex accounts or extensive manual adjustments.

Funding supports a broader software proposition

The €10 million financing will support product development, technology, and customer operations as Kabilio introduces the agent and expands the connected client platform. Its growth has so far been concentrated in Spain, where professional practices face established accounting requirements and changing digital invoicing obligations.

Combining an accounting practice’s workspace with software used by its clients could make the platform more useful over time, provided the information remains accurate and the work involved in maintaining integrations does not outweigh the administrative savings.

The approach also increases the importance of switching arrangements. A practice relying on one provider for document processing, client communications, reconciliation, and access to financial information needs confidence that records remain exportable and that operations can continue if the service changes.

Kabilio has secured a growing customer base and additional financing, but its next development phase will be judged by the reliability of tasks completed rather than the number of activities assigned to an agent. The November beta programme will provide an initial test of whether broader automation reduces professional workload without weakening control over the accounts.